Sharkey’s Cuts For Kids

Thinking of investing in a Sharkey’s Cuts For Kids franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 2001, Sharkey’s Cuts For Kids specializes in Children’s hair salons. As a Hair Salon franchise, Sharkey’s Cuts For Kids has grown to include over 76 (as of 2020) units since they began franchising in 2004 (17 years). It costs an estimated $163,420 – $222,995 to open a Sharkey’s Cuts For Kids franchise.

About Sharkey's Cuts For Kids

When Linda and Scott Sharkey took their kids to get haircuts in those uninviting, unexciting salons, they always felt there should be something better.

So they set out to create a unique salon that caters to children of all ages. A place that is prompt for those on-the-go parents, fun and entertaining for their children, and reasonably priced for their wallets. Hence, Sharkey’s Cuts for Kids was born October 1, 2002.

The first salon was a huge success, and in 2004 they opened their second and third stores. The requests for franchises started to accelerate within months, and they then knew the business model was successful. In 2005 the first Sharkey’s franchise was sold in the US. In just two short years 20 more salons opened across the US, Canada, Europe, and the Middle East with global commitments for over 200+ salons, making us the fastest growing children’s hair salon franchise according to Franchise Times 2008.

Our Mission is to create an entertaining experience for kids by providing quality haircuts in a fun atmosphere that also offers unique birthday parties.

Our business model

Sharkey’s Cuts for Kids is a very easy to operate business with multiple revenue streams that provide for higher profit potential. We provide hair care for children ages 0-14 while sitting in our novelty chairs such as a red Ferrari, yellow Hummer, Dodge Police car, pink Barbie Jeep, or Lightning McQueen race car while watching a favorite video or our regular chairs with large 40″ flat screen TV’s where they can watch TV or play video games. Along with each haircut comes a complimentary mini-cure for the girls, along with a complimentary hair wash, blow-dry, style, lollipops, Sharkey balloons, Sharkey bookmarks, Sharkey dollars, and lots more.

Revenue streams

Our other revenue streams include unique retail merchandise located throughout the salon and birthday parties offered in our “Hollywood” style dressing room as well as other party rooms. And if that wasn’t enough, we’ve also partnered with local businesses which provide classes or services that compliment our concept as an additional source of income. All of this creates a formula for success that is comprehensive yet very simple to execute.

Company Founded

2001

Current Leadership

Scott Sharkey, CEO

Started Franchising

2004 (17 years)

Total Number of Units

76 (as of 2020)

Part-Time / Full-Time

Full Time

How Much Does It Cost To Open A Sharkey’s Cuts For Kids Franchise?

There are several costs associated with opening a Sharkey’s Cuts For Kids franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Sharkey’s Cuts For Kids franchise. The weekly fee for opening a Sharkey’s Cuts For Kids franchise is Royalty Fee Due On The 1St Of Each Month Or Next Business Day If The 1St Falls Is not specifiedt A Business Day.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Sharkey’s Cuts For Kids Is Renewable) and does the franchise offer financing support (Sharkey’s Cuts For Kids Sharkey’s Cuts For Kids has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment).

Sharkey's Cuts For Kids Company Details

Here are some additional details about Sharkey's Cuts For Kids.

Parent Company	Sharkey's Franchising Co.
Initial Investment	$129,995
Veteran Incentives	5% off franchise fee
Royalty Fee	$1K-$1.5K/mo.
Cash Requirement	$129,995
Term of Agreement	10 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Sharkey’s Cuts For Kids

Sharkey’s Cuts For Kids offers several support options to its franchisees. With 76 (as of 2020) units, Sharkey’s Cuts For Kids aims to provide support to each franchise owner to help them operate a successful franchise location. Sharkey’s Cuts For Kids offers 8 hours on the job training, 24 hours classroom training, and On-site employee training before opening additional training.

Training and Support Offered

Here are the support options offered by Sharkey's Cuts For Kids.

On-The-Job Training	8 hours
Classroom Training	24 hours
Additional Training	On-site employee training before opening
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Is Sharkey’s Cuts For Kids Right For You?

Sharkey’s Cuts For Kids has gone digital! Here are all of the ways you can find Sharkey’s Cuts For Kids online. Oftentimes, you can reach out to current franchisees of Sharkey’s Cuts For Kids online. Current franchisees may be able to offer personalized insights into what it is like owning a Sharkey’s Cuts For Kids franchise and offer tips to running a successful Sharkey’s Cuts For Kids franchise location.

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Why Should You Start a Sharkey’s Cuts For Kids Franchise?

Investing in a Health & Beauty franchise such as Sharkey's Cuts For Kids can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Sharkey's Cuts For Kids franchise and we'll be in touch soon!

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