Hairhouse Warehouse vs The Yellow Balloon Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hairhouse Warehouse vs The Yellow Balloon including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Hairhouse Warehouse The Yellow Balloon
Investment 350000 - 550000 55000 - 103500
Franchise Fee 0
Royalty Fee 6% 4%
Advertising Fee 3%
Year Founded 1992 1983
Year Franchised 1998 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Hairhouse Warehouse The Yellow Balloon
Experience Passion; Enthusiasm; Financial Security; Self Motivation; Team Leadership Skills; Willingness to work with a positive attitude. General business experience Marketing skills

Financing Options

  Hairhouse Warehouse The Yellow Balloon
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Hairhouse Warehouse The Yellow Balloon
Training Industry leading training and development Every new franchisee goes through a comprehensive induction program. This program covers a range of administrative skills and hands-on training key to a successful Hairhouse Warehouse franchise. All training is run in our most successful, best-practice stores. Our training doesn't stop when we hand you the keys. From day one, new franchisees one-on-one mentoring from a member of the operations team to ensure that you have the knowledge and tools to succeed as a long term franchisee with Hairhouse Warehouse. We take a multi-channel approach to training. We've aligned ourselves with multiple training providers all recognised as leaders in their areas of specialisation. They are there to help you meet some of the more specific needs of your business. We offer the very best training across the core areas of our business: salon services, retail and business management. Access to training and development programs is not dependant on store locations we ensure that all training is available no matter where you are.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing National marketing support All our franchises have access to the Hairhouse Warehouse Marketing Fund. This means you can develop marketing and advertising for your franchise, when and where you need it. We've sought out the best and brightest marketing and advertising professionals the industry has to offer to make sure your store does as well as it possibly can. You can develop marketing across a range of mediums: TV Radio Retail catalogues Magazines Press Web Co-op advertising, Ad slicks, National media, Regional advertising
Operations The majority of our Franchisee's are not hairdresser, their staff are. We look for motivated, enthusiastic people, passionate about the brand and the idea of owning an exciting and rewarding retail business. The HHWH concept has been proven time and time again and replicated continuously throughout Australia so incoming Franchisee's can be confident they will have all the tools necessary to succeed in the franchise operation. Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.

Expansion Plans

  Hairhouse Warehouse The Yellow Balloon
US Expansion
Canada Expansion
International Expansion Australia

Start-Up Costs and Fees Mobile

Investment
Hairhouse Warehouse
The Yellow Balloon
Franchise Fee
Hairhouse Warehouse
The Yellow Balloon
Royalty Fee
Hairhouse Warehouse 6%
The Yellow Balloon 4%
Advertising Fee
Hairhouse Warehouse 3%
The Yellow Balloon
Year Founded
Hairhouse Warehouse 1992
The Yellow Balloon 1983
Year Franchised
Hairhouse Warehouse 1998
The Yellow Balloon 2000
Term Of Agreement
Hairhouse Warehouse 7 years+7
The Yellow Balloon 5 years
Renewal Fee
Hairhouse Warehouse
The Yellow Balloon $2.5K


Business Experience Requirements

Experience
Hairhouse Warehouse Passion; Enthusiasm; Financial Security; Self Motivation; Team Leadership Skills; Willingness to work with a positive attitude.
The Yellow Balloon General business experience Marketing skills

Financing Options

 
Franchise Fees
Hairhouse Warehouse
The Yellow Balloon
Start-up Costs
Hairhouse Warehouse
The Yellow Balloon
Equipment
Hairhouse Warehouse}
The Yellow Balloon
Inventory
Hairhouse Warehouse
The Yellow Balloon
Receivables
Hairhouse Warehouse
The Yellow Balloon
Payroll
Hairhouse Warehouse
The Yellow Balloon

Training & Support

Training
Hairhouse Warehouse Industry leading training and development Every new franchisee goes through a comprehensive induction program. This program covers a range of administrative skills and hands-on training key to a successful Hairhouse Warehouse franchise. All training is run in our most successful, best-practice stores. Our training doesn't stop when we hand you the keys. From day one, new franchisees one-on-one mentoring from a member of the operations team to ensure that you have the knowledge and tools to succeed as a long term franchisee with Hairhouse Warehouse. We take a multi-channel approach to training. We've aligned ourselves with multiple training providers all recognised as leaders in their areas of specialisation. They are there to help you meet some of the more specific needs of your business. We offer the very best training across the core areas of our business: salon services, retail and business management. Access to training and development programs is not dependant on store locations we ensure that all training is available no matter where you are.
The Yellow Balloon
Support
Hairhouse Warehouse
The Yellow Balloon Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Hairhouse Warehouse National marketing support All our franchises have access to the Hairhouse Warehouse Marketing Fund. This means you can develop marketing and advertising for your franchise, when and where you need it. We've sought out the best and brightest marketing and advertising professionals the industry has to offer to make sure your store does as well as it possibly can. You can develop marketing across a range of mediums: TV Radio Retail catalogues Magazines Press Web
The Yellow Balloon Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Hairhouse Warehouse The majority of our Franchisee's are not hairdresser, their staff are. We look for motivated, enthusiastic people, passionate about the brand and the idea of owning an exciting and rewarding retail business. The HHWH concept has been proven time and time again and replicated continuously throughout Australia so incoming Franchisee's can be confident they will have all the tools necessary to succeed in the franchise operation.
The Yellow Balloon Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.

Expansion Plans

US Expansion
Hairhouse Warehouse
The Yellow Balloon
Canada Expansion
Hairhouse Warehouse
The Yellow Balloon
International Expansion
Hairhouse Warehouse Australia
The Yellow Balloon