Start-Up Costs and Fees |
||
| The Yellow Balloon | V's Barbershop | |
| Investment | 55000 - 103500 | 192700 - 423100 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 3.5%-5% |
| Advertising Fee | 1% - 3% | |
| Year Founded | 1983 | 1999 |
| Year Franchised | 2000 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Yellow Balloon | V's Barbershop | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| The Yellow Balloon | V's Barbershop | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Yellow Balloon | V's Barbershop | |
| Training | You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | A Team of Experts The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees. We provide In-store promotions, direct mail, email campaigns, print advertising and more. |
| Operations | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| The Yellow Balloon | V's Barbershop | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Yellow Balloon | |
| V's Barbershop | |
| Franchise Fee | |
| The Yellow Balloon | |
| V's Barbershop | |
| Royalty Fee | |
| The Yellow Balloon | 4% |
| V's Barbershop | 3.5%-5% |
| Advertising Fee | |
| The Yellow Balloon | |
| V's Barbershop | 1% - 3% |
| Year Founded | |
| The Yellow Balloon | 1983 |
| V's Barbershop | 1999 |
| Year Franchised | |
| The Yellow Balloon | 2000 |
| V's Barbershop | 2005 |
| Term Of Agreement | |
| The Yellow Balloon | 5 years |
| V's Barbershop | 10 years |
| Renewal Fee | |
| The Yellow Balloon | $2.5K |
| V's Barbershop | |
Business Experience Requirements |
|
| Experience | |
| The Yellow Balloon | General business experience Marketing skills |
| V's Barbershop | |
Financing Options |
|
| Franchise Fees | |
| The Yellow Balloon | Yes |
| V's Barbershop | Yes |
| Start-up Costs | |
| The Yellow Balloon | |
| V's Barbershop | |
| Equipment | |
| The Yellow Balloon} | |
| V's Barbershop | |
| Inventory | |
| The Yellow Balloon | |
| V's Barbershop | |
| Receivables | |
| The Yellow Balloon | |
| V's Barbershop | |
| Payroll | |
| The Yellow Balloon | |
| V's Barbershop | |
Training & Support |
|
| Training | |
| The Yellow Balloon | |
| V's Barbershop | You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop. |
| Support | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| V's Barbershop | A Team of Experts The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun. |
| Marketing | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| V's Barbershop | The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees. We provide In-store promotions, direct mail, email campaigns, print advertising and more. |
| Operations | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
| V's Barbershop | |
Expansion Plans |
|
| US Expansion | |
| The Yellow Balloon | |
| V's Barbershop | |
| Canada Expansion | |
| The Yellow Balloon | |
| V's Barbershop | |
| International Expansion | |
| The Yellow Balloon | |
| V's Barbershop | |