The Yellow Balloon Franchise

Children's hair salons

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Nadia Pidgeon opened her first The Yellow Balloon children's hair salon in 1976 near UCLA and a second location five years later near Universal Studios, serving the children of celebrities, like Warren Beatty, and child stars, like the Olsen Twins. The company began franchising in 2000. Each The Yellow Balloon salon caters to kids, featuring mini-arcades and toy boxes, and offering young customers balloons, cookies and popcorn. To commemorate a baby's first haircut, parents are given a framed photo, certificate and lock of hair. Adults can also have their hair cut at The Yellow Balloon.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of The Yellow Balloon, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official The Yellow Balloon website.

How much does it cost to open a The Yellow Balloon Franchise ?

The investment required to open a The Yellow Balloon Franchise is between $55,000 - $103,500 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the The Yellow Balloon name.

Individual Franchise Costs

  • Initial Investment:
    $55,000 -
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    4%
  • Term of Agreement:
    5 years
  • Renewal Fee:
    $2.5K

Expense In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

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

The Yellow Balloon Growth History

When did the first The Yellow Balloon open? 1983
When did The Yellow Balloon start Franchising ? 2000

Year U.S.A. Canada International Corporate
2002 3 0 0 1
2001 1 0 0 1
2000 0 0 0 1
1999 N/A N/A N/A 1
1998 N/A N/A N/A 1

Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.

General business experience Marketing skills


How much does a The Yellow Balloon Franchise owner make?

Your income potential as a The Yellow Balloon Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your oper_ation costs and increasing the quality of your products and or services. Each month your oper_ating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the ext, you _may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

Initial Investment
$25,000 - $103,500
Initial Franchise Fee
$25,000
Royalty Fee
4%
Term of Agreement
5 years
Renewal Fee
$2.5K
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Legal Disclaimer: This information is not a franchise offering for The Yellow Balloon and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a The Yellow Balloon franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.