The Yellow Balloon
Children's hair salonBackground
Founded: 1983 Franchising since: 2000
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.
Franchisor is a privately-held company with 20 employee(s); 7 employee(s) in franchise department.
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.
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12448 Ventura Blvd. Studio City, California 91604 |
Phone: (818)760-7141 |
Franchisor is a privately-held company with 20 employee(s); 7 employee(s) in franchise department.
Costs and Fees
|
Total investment: $55K-103.5K Franchise fee: $25K |
Ongoing royalty fee: 4% Term of agreement: 5 years, renewable |
Type of Financing Available
| 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 |
Qualifications
Business Experience:
- General business experience
- Marketing skills
Operations
- Number of employees needed to run franchised unit: 6
- Absentee ownership of franchise is allowed.
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 7 days
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising