Start-Up Costs and Fees |
||
| The Yellow Balloon | Roosters Men's Grooming Centers | |
| Investment | 55000 - 103500 | 203250 - 342350 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% - 6% |
| Advertising Fee | 1% | |
| Year Founded | 1983 | 1999 |
| Year Franchised | 2000 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Yellow Balloon | Roosters Men's Grooming Centers | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| The Yellow Balloon | Roosters Men's Grooming Centers | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Yellow Balloon | Roosters Men's Grooming Centers | |
| Training | On-The-Job Training: 40-56 hours Classroom Training: 50-60 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Regional Advertising Social media SEO |
| Operations | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 6 |
Expansion Plans |
||
| The Yellow Balloon | Roosters Men's Grooming Centers | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |
| Franchise Fee | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |
| Royalty Fee | |
| The Yellow Balloon | 4% |
| Roosters Men's Grooming Centers | 4% - 6% |
| Advertising Fee | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | 1% |
| Year Founded | |
| The Yellow Balloon | 1983 |
| Roosters Men's Grooming Centers | 1999 |
| Year Franchised | |
| The Yellow Balloon | 2000 |
| Roosters Men's Grooming Centers | 2002 |
| Term Of Agreement | |
| The Yellow Balloon | 5 years |
| Roosters Men's Grooming Centers | |
| Renewal Fee | |
| The Yellow Balloon | $2.5K |
| Roosters Men's Grooming Centers | |
Business Experience Requirements |
|
| Experience | |
| The Yellow Balloon | General business experience Marketing skills |
| Roosters Men's Grooming Centers | |
Financing Options |
|
| Franchise Fees | |
| The Yellow Balloon | Yes |
| Roosters Men's Grooming Centers | Yes |
| Start-up Costs | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |
| Equipment | |
| The Yellow Balloon} | |
| Roosters Men's Grooming Centers | |
| Inventory | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |
| Receivables | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |
| Payroll | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |
Training & Support |
|
| Training | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | On-The-Job Training: 40-56 hours Classroom Training: 50-60 hours |
| Support | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Roosters Men's Grooming Centers | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Marketing | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Roosters Men's Grooming Centers | Ad Templates Regional Advertising Social media SEO |
| Operations | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
| Roosters Men's Grooming Centers | Absentee Ownership Allowed Number of Employees Required to Run: 6 |
Expansion Plans |
|
| US Expansion | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | 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 | |
| Roosters Men's Grooming Centers | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The Yellow Balloon | |
| Roosters Men's Grooming Centers | |