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Sharkeys Cuts for Kids Franchise

Passive & Fully Absentee Ownership is what Sharkey's is all about! Keep your job and own multiple Sharkey's locations to build your empire.

Health, Beauty & Fitness Franchises For Sale|
California Franchises For Sale
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Highlights
Cash Required

$119,995

Min. Franchise Fee

$159,990

Total Number of Units

172

Franchising Since

2003

Corporate Headquarters

Westport,CT

CEO Name

Scott Sharkey

About Sharkeys Cuts for Kids

Sharkey’s Cuts for Kids is America’s best franchise for new entrepreneurs seeking a fully PASSIVE business ownership opportunity. This is a business that can run entirely without the owner’s day-to-day management. Sharkey’s is a lucrative fun to run business with state-of-the-art salon software and a recession-proof business model with longevity. You’ll invest in a brand, not buy a job.

Sharkey's really sets itself apart from the competitors with our well planned design and unequaled entertainment factor. We don't just cater to the youngest of children or one gender - we have positioned ourselves in the market as the only kid’s salon for kids of all ages (0-14), and adults as well! This allows Sharkey’s to have the highest & longest customer retention rate in our industry. Once children come to Sharkey’s they want to come again and again for the overall experience. We have extremely high brand loyalty among our young customers and their parents, and our well planned and designed salon keeps the kids coming to Sharkey’s for many years.

Franchise Unit Trends & Revenue

Total Number of Units

172

New Units Opened

31

Average Unit Revenue

$275,732

* in 2024

Franchise Fees

Min. Franchise Fee

$159,990

Royalty Fee

$1,000 - $1,750
Fixed Fees

Ad Fund Fee

1.0%
Gross Sales

Why Choose Sharkeys Cuts for Kids?

  • 100% recession-proof! Kids always need haircuts and you cannot get that on Amazon!
  • Keep your job and/or own another business
  • Lower initial investment compared to other salon businesses
  • High consumer brand awareness
  • Outstanding personal assistance throughout every step of the start-up phase and beyond
  • A dedicated support team available to you at all times
  • Multiple income streams: haircuts, retail, our “famous” glamour girl birthday parties
  • Franchisor will pay you a personal visit to help you choose the ideal location for your Sharkey’s salon
  • $55-billion per year hair care industry; estimated $5-billion hair care for children market
  • 52 million children between ages of 0-12 (according to 2000 census)
  • Entrepreneur Magazine’s Top Kids Salon Franchise - 2016
  • Top 100 Franchises – 2018 by Entrepreneur Magazine (March 2018)
  • Top 1% “America’s Most Honored Businesses” – 2016 American Registry
  • Entrepreneur Magazine’s Franchise 500 Ranked Edition - 2016

Starting Costs & Investment Requirements

Total Investment

$146,920 - $206,495

Net Worth Required

$250,000

Cash Required

$119,995

Training and Support

Training & Support

You will receive personal assistance and hands on comprehensive training at a live Sharkey's salon with all the travel and accommodations included in your franchise fee. You will have 3-4 days of training from opening procedures to scheduling, customer check in/out, party booking, restocking, cleaning and much more. You will also have many hours of "classroom" training where we will discuss topics such as:

  • Purchasing and inventory procedures
  • Quality control measures
  • Retail Merchandising
  • Point of sale instruction
  • How to increase sales through add-on sales
  • Financial controls
  • Marketing, advertising and grand opening guidelines
  • Business development and management
  • Human Resources Support

During your grand opening we will be there to provide support and assistance before and after your opening.

As for On-Going Training, once your salon is open, we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas.

Ideal Candidate

We’re looking for people that want to be PASSIVE owners and stay in their current job while opening multiple locations. Absolutely NO HAIR EXPERIENCE is necessary. We’re looking for people that want to own a business that can be run from any remote location or even from home. Fairly good social media skills are helpful, but not required as it can be outsourced.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.
 
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