The Yellow Balloon

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.

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.

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

• 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