Start-Up Costs and Fees |
||
| The Yellow Balloon | Shear Madness | |
| Investment | 55000 - 103500 | 126862 - 293562 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1983 | 0 |
| Year Franchised | 2000 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Yellow Balloon | Shear Madness | |
| Experience | General business experience Marketing skills | No salon experience is required. You must be coachable, and have great people skills. You can run a salon absentee or owner-manage your salon. In either case you will need to be able to hire and retain good people. A desire for success and fun are a must! |
Financing Options |
||
| The Yellow Balloon | Shear Madness | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Yellow Balloon | Shear Madness | |
| Training | ||
| 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 | Shear Madness | |
| 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 | |
| Shear Madness | |
| Franchise Fee | |
| The Yellow Balloon | |
| Shear Madness | |
| Royalty Fee | |
| The Yellow Balloon | 4% |
| Shear Madness | 5% |
| Advertising Fee | |
| The Yellow Balloon | |
| Shear Madness | 2% |
| Year Founded | |
| The Yellow Balloon | 1983 |
| Shear Madness | 0 |
| Year Franchised | |
| The Yellow Balloon | 2000 |
| Shear Madness | 0 |
| Term Of Agreement | |
| The Yellow Balloon | 5 years |
| Shear Madness | |
| Renewal Fee | |
| The Yellow Balloon | $2.5K |
| Shear Madness | |
Business Experience Requirements |
|
| Experience | |
| The Yellow Balloon | General business experience Marketing skills |
| Shear Madness | No salon experience is required. You must be coachable, and have great people skills. You can run a salon absentee or owner-manage your salon. In either case you will need to be able to hire and retain good people. A desire for success and fun are a must! |
Financing Options |
|
| Franchise Fees | |
| The Yellow Balloon | Yes |
| Shear Madness | Yes |
| Start-up Costs | |
| The Yellow Balloon | |
| Shear Madness | |
| Equipment | |
| The Yellow Balloon} | |
| Shear Madness | |
| Inventory | |
| The Yellow Balloon | |
| Shear Madness | |
| Receivables | |
| The Yellow Balloon | |
| Shear Madness | |
| Payroll | |
| The Yellow Balloon | |
| Shear Madness | |
Training & Support |
|
| Training | |
| The Yellow Balloon | |
| Shear Madness | |
| Support | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Shear Madness | |
| Marketing | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Shear Madness | |
| Operations | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
| Shear Madness | |
Expansion Plans |
|
| US Expansion | |
| The Yellow Balloon | |
| Shear Madness | 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 | |
| Shear Madness | |
| International Expansion | |
| The Yellow Balloon | |
| Shear Madness | |