Start-Up Costs and Fees |
||
| The Yellow Balloon | Sharkey's Cuts For Kids | |
| Investment | 55000 - 103500 | 163420 - 222995 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | $1000-$1,500/Month |
| Advertising Fee | ||
| Year Founded | 1983 | 2001 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Yellow Balloon | Sharkey's Cuts For Kids | |
| Experience | General business experience Marketing skills | Focused, determined and looking for a good work-life balance |
Financing Options |
||
| The Yellow Balloon | Sharkey's Cuts For Kids | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Yellow Balloon | Sharkey's Cuts For Kids | |
| Training | Training includes Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| The Yellow Balloon | Sharkey's Cuts For Kids | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| Franchise Fee | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| Royalty Fee | |
| The Yellow Balloon | 4% |
| Sharkey's Cuts For Kids | $1000-$1,500/Month |
| Advertising Fee | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| Year Founded | |
| The Yellow Balloon | 1983 |
| Sharkey's Cuts For Kids | 2001 |
| Year Franchised | |
| The Yellow Balloon | 2000 |
| Sharkey's Cuts For Kids | 2004 |
| Term Of Agreement | |
| The Yellow Balloon | 5 years |
| Sharkey's Cuts For Kids | |
| Renewal Fee | |
| The Yellow Balloon | $2.5K |
| Sharkey's Cuts For Kids | |
Business Experience Requirements |
|
| Experience | |
| The Yellow Balloon | General business experience Marketing skills |
| Sharkey's Cuts For Kids | Focused, determined and looking for a good work-life balance |
Financing Options |
|
| Franchise Fees | |
| The Yellow Balloon | Yes |
| Sharkey's Cuts For Kids | Yes |
| Start-up Costs | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| Equipment | |
| The Yellow Balloon} | |
| Sharkey's Cuts For Kids | |
| Inventory | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| Receivables | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| Payroll | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
Training & Support |
|
| Training | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | Training includes Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas. |
| Support | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Sharkey's Cuts For Kids | |
| Marketing | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Sharkey's Cuts For Kids | |
| Operations | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
| Sharkey's Cuts For Kids | |
Expansion Plans |
|
| US Expansion | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |
| International Expansion | |
| The Yellow Balloon | |
| Sharkey's Cuts For Kids | |