Start-Up Costs and Fees |
||
| The Great American Barbershop | The Yellow Balloon | |
| Investment | 175500 - 297000 | 55000 - 103500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4% |
| Advertising Fee | 2% | |
| Year Founded | 2015 | 1983 |
| Year Franchised | 2018 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Great American Barbershop | The Yellow Balloon | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| The Great American Barbershop | The Yellow Balloon | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Great American Barbershop | The Yellow Balloon | |
| Training | On-The-Job Training: 18 hours Classroom Training: 18 hours | |
| Support | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Social media SEO Website development | 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 Great American Barbershop | The Yellow Balloon | |
| 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 Great American Barbershop | |
| The Yellow Balloon | |
| Franchise Fee | |
| The Great American Barbershop | |
| The Yellow Balloon | |
| Royalty Fee | |
| The Great American Barbershop | 6% |
| The Yellow Balloon | 4% |
| Advertising Fee | |
| The Great American Barbershop | 2% |
| The Yellow Balloon | |
| Year Founded | |
| The Great American Barbershop | 2015 |
| The Yellow Balloon | 1983 |
| Year Franchised | |
| The Great American Barbershop | 2018 |
| The Yellow Balloon | 2000 |
| Term Of Agreement | |
| The Great American Barbershop | |
| The Yellow Balloon | 5 years |
| Renewal Fee | |
| The Great American Barbershop | |
| The Yellow Balloon | $2.5K |
Business Experience Requirements |
|
| Experience | |
| The Great American Barbershop | |
| The Yellow Balloon | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| The Great American Barbershop | |
| The Yellow Balloon | |
| Start-up Costs | |
| The Great American Barbershop | |
| The Yellow Balloon | |
| Equipment | |
| The Great American Barbershop} | |
| The Yellow Balloon | |
| Inventory | |
| The Great American Barbershop | |
| The Yellow Balloon | |
| Receivables | |
| The Great American Barbershop | |
| The Yellow Balloon | |
| Payroll | |
| The Great American Barbershop | |
| The Yellow Balloon | |
Training & Support |
|
| Training | |
| The Great American Barbershop | On-The-Job Training: 18 hours Classroom Training: 18 hours |
| The Yellow Balloon | |
| Support | |
| 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 |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| The Great American Barbershop | Social media SEO Website development |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| The Great American Barbershop | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| The Yellow Balloon | |
| Canada Expansion | |
| The Great American Barbershop | |
| The Yellow Balloon | |
| International Expansion | |
| The Great American Barbershop | |
| The Yellow Balloon | |