Start-Up Costs and Fees |
||
| The Yellow Balloon | Sola Salon Studios | |
| Investment | 55000 - 103500 | 531150 - 1714370 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5.50% |
| Advertising Fee | 2% | |
| Year Founded | 1983 | 2003 |
| Year Franchised | 2000 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Yellow Balloon | Sola Salon Studios | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| The Yellow Balloon | Sola Salon Studios | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Yellow Balloon | Sola Salon Studios | |
| 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 | Sola Salon Studios | |
| 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 | |
| Sola Salon Studios | |
| Franchise Fee | |
| The Yellow Balloon | |
| Sola Salon Studios | |
| Royalty Fee | |
| The Yellow Balloon | 4% |
| Sola Salon Studios | 5.50% |
| Advertising Fee | |
| The Yellow Balloon | |
| Sola Salon Studios | 2% |
| Year Founded | |
| The Yellow Balloon | 1983 |
| Sola Salon Studios | 2003 |
| Year Franchised | |
| The Yellow Balloon | 2000 |
| Sola Salon Studios | 2005 |
| Term Of Agreement | |
| The Yellow Balloon | 5 years |
| Sola Salon Studios | |
| Renewal Fee | |
| The Yellow Balloon | $2.5K |
| Sola Salon Studios | |
Business Experience Requirements |
|
| Experience | |
| The Yellow Balloon | General business experience Marketing skills |
| Sola Salon Studios | |
Financing Options |
|
| Franchise Fees | |
| The Yellow Balloon | Yes |
| Sola Salon Studios | Yes |
| Start-up Costs | |
| The Yellow Balloon | |
| Sola Salon Studios | |
| Equipment | |
| The Yellow Balloon} | |
| Sola Salon Studios | |
| Inventory | |
| The Yellow Balloon | |
| Sola Salon Studios | |
| Receivables | |
| The Yellow Balloon | |
| Sola Salon Studios | |
| Payroll | |
| The Yellow Balloon | |
| Sola Salon Studios | |
Training & Support |
|
| Training | |
| The Yellow Balloon | |
| Sola Salon Studios | |
| Support | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Sola Salon Studios | |
| Marketing | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Sola Salon Studios | |
| Operations | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
| Sola Salon Studios | |
Expansion Plans |
|
| US Expansion | |
| The Yellow Balloon | |
| Sola Salon Studios | 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 | |
| Sola Salon Studios | |
| International Expansion | |
| The Yellow Balloon | |
| Sola Salon Studios | |