The Yellow Balloon vs The Great American Barbershop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs The Great American Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  The Yellow Balloon The Great American Barbershop
Investment 55000 - 103500 175500 - 297000
Franchise Fee 0
Royalty Fee 4% 6%
Advertising Fee 2%
Year Founded 1983 2015
Year Franchised 2000 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Yellow Balloon The Great American Barbershop
Experience General business experience Marketing skills

Financing Options

  The Yellow Balloon The Great American Barbershop
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  The Yellow Balloon The Great American Barbershop
Training On-The-Job Training: 18 hours Classroom Training: 18 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Social media SEO Website development
Operations Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.

Expansion Plans

  The Yellow Balloon The Great American Barbershop
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
The Great American Barbershop
Franchise Fee
The Yellow Balloon
The Great American Barbershop
Royalty Fee
The Yellow Balloon 4%
The Great American Barbershop 6%
Advertising Fee
The Yellow Balloon
The Great American Barbershop 2%
Year Founded
The Yellow Balloon 1983
The Great American Barbershop 2015
Year Franchised
The Yellow Balloon 2000
The Great American Barbershop 2018
Term Of Agreement
The Yellow Balloon 5 years
The Great American Barbershop
Renewal Fee
The Yellow Balloon $2.5K
The Great American Barbershop


Business Experience Requirements

Experience
The Yellow Balloon General business experience Marketing skills
The Great American Barbershop

Financing Options

 
Franchise Fees
The Yellow Balloon Yes
The Great American Barbershop Yes
Start-up Costs
The Yellow Balloon
The Great American Barbershop
Equipment
The Yellow Balloon}
The Great American Barbershop
Inventory
The Yellow Balloon
The Great American Barbershop
Receivables
The Yellow Balloon
The Great American Barbershop
Payroll
The Yellow Balloon
The Great American Barbershop

Training & Support

Training
The Yellow Balloon
The Great American Barbershop On-The-Job Training: 18 hours Classroom Training: 18 hours
Support
The Yellow Balloon Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
The Great American Barbershop Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development
Marketing
The Yellow Balloon Co-op advertising, Ad slicks, National media, Regional advertising
The Great American Barbershop Social media SEO Website development
Operations
The Yellow Balloon Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.
The Great American Barbershop

Expansion Plans

US Expansion
The Yellow Balloon
The Great American Barbershop 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
The Great American Barbershop
International Expansion
The Yellow Balloon
The Great American Barbershop