Sharkey's Cuts for Kids

What Does a Sharkey's Cuts for Kids Franchise Cost?

Cash Required:$50,000 - $150,000
Net Worth Required:$250,000
Total Investment:$146,920 - $206,495

Franchisor Details

Total Units:70+
Year Founded:2002
Franchising Since:2006
Home Office: Westport, CT

Additional Details

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PASSIVE OWNERSHIP ONLY! A Turn-Key Franchise You Can Run From Anywhere! You are Not Buying a Job with Sharkey’s, You are Purchasing an Investment.

Most Franchises require the business owner to manage the day-to-day activities of the business and live close to the business. We DO NOT! Almost all of our current franchisees maintain their current jobs along with their Sharkey’s Cuts for Kids franchise. "Passive ownership is what Sharkey's is all about”, says CEO Scott Sharkey. “We’ve been able to combine a passive ownership franchise model that is 100% recession proof for today and years to come”. SHARKEY’S WILL STAFF YOUR SALON FOR YOU: No need to hire your employees anymore! Sharkey’s will offer you the option to fully staff your salon prior to opening! ROI: Sharkey’s is not one of those “trendy” franchises where you might see a return on your investment in 3 – 5 years, only to have your concept get replaced by something bigger, better, or more “trendy”. We offer you the opportunity to invest in a brand that has longevity, is fun to run, and has very little competition. We are offering today the same services we offered back in 2002! Kids always need haircuts and you cannot get that on Amazon!

What's In It For You? Why Invest in a Sharkey’s Franchise?

The overall hair care industry is a $55-billion per year industry. It is estimated that hair care for children makes up $5 billion of the market. According to the 2000 census, there are over 52 million children between the ages of 0 and 12 in the US and they average 8 haircuts per year. This is Sharkey's target market.

Sharkey's is leading the industry by overtaking our closest competitor in 2008 with the title "Fastest Growing Children's Hair Salon" by Franchise Times. Award Winning Kids Salon Franchise - 2016, 2017, 2018, 2019, & 2020 and Entrepreneur Magazine’s top kid’s salon franchise for 2016!


Why Is Sharkey’s Recession Proof & Disaster Proof?

  1. Hair always grows so kids will always need a haircut. It’s like a utility business; it’s a need not a want.
  2. Kids visit Sharkey’s for a fun experience – It’s like a sweet treat and an excursion for moms.
  3. When times are tough & unpredictable, people cherish 15-30 minutes of happiness with their kids. People are always going to spend money on their kids as we have proven this time and time again for over 18 years (Sharkey’s experienced an uptick in business within our salons during the 2008 recession).
  4. Even in a recession parents want their family to present well - their appearance is their cover story.
  5. There is no risk with wastage – Even if we have to close down for a few weeks we don’t lose money on ingredients. We are just deferring haircuts for the time being while the public deals with a given situation.
  6. Haircuts cannot be given online or virtually.
  7. Kid’s haircuts are not seasonal so they come in at all times throughout the year.
  8. No reinvestment with Sharkey’s after your first 5 years. When evaluating a franchise, you need to evaluate if the franchise you are thinking of investing in will make you money in years 6-10. Not years 1-5. Is the concept trendy, will I need to reinvest in new equipment or technology after maybe I have made my ROI back in 5 years? The Sharkey’s model is approximately 90% the same as it was back in 2002, other than upgrades in technology, gaming stations, and bigger TV’s.
  9. Generally speaking, rents are low and the franchise investment is low so Sharkey’s can weather the storm of a closure or recession very quickly (Proven and reinforced in 2008).
  10. Sharkey’s will experience a very large Back to School rush once the current threat is over.

How Is Sharkey’s Unique? Technology & Our Competitive Advantages!

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 for kids of all ages, and adults as well! Once children come to a Sharkey’s salon, they want to come back again & again because they enjoy the entire experience. We have extremely high brand loyalty among our young customers and their parents as well.

  • We now offer an option which includes a 100%, FULLY STAFFED SALON prior to grand opening.
  • Sharkey’s will manage 100% of your marketing/advertising campaigns for 3 months prior to your grand opening and for an additional 6 months after your grand opening. PASSIVE OWNERSHIP!
  • All our salons include 8 -11 cutting stations. Each station is fully equipped with a 24”-85” TV so your kids can enjoy playing Xbox or watching their favorite cartoon or sporting event.
  • Multiple revenue streams and state of the art salon software-Tops in the industry. As much as 80% of our customer’s appointments are booked online, so no need to pick up a phone anymore and dial-in for an appointment. User friendly Sharkey’s App as well!
  • Franchisees can log into their salon from a laptop, Iphone, Android device, from anywhere in the world to see current data or history. No need to visit your salon. PASSIVE OWNERSHIP!
  • Sharkey’s software allows customers to book appointments with their favorite stylist online. (Approximately 80% of all appointments are being booked online at Sharkey’s corporate salon.)
  • Comprehensive & unrivaled training & support including 3-4 days of one-on-one training by our staff at our corporate store, along with multiple hours of additional one-on-one time with the Franchisor, Scott Sharkey.
  • A Sharkey’s representative will be present for your Grand Opening and will assist you in training your stylists and receptionists prior to opening.
  • Sharkey’s proprietary software company will provide many hours of one-on-one training so you are ready for your Grand Opening, and they are available 24/7 for any questions or support issues.

What Do Our Franchisees Say About Us?

Scott,
"From my first phone call I have felt like I was Sharkey's number one priority. Scott doesn’t just provide a great mentorship, he is open to my insight as well. Going into this new business we had never been in the salon industry before but with Scott's guidance and the Sharkey's Cuts for Kids brand we have had no issues generating business. We are looking forward to continuing to grow the children's hair salon business in our area!" Sincerely yours, Amanda & Paul - (owner of 2 franchises)

Scott,
"Through every challenge I faced you were right there ready, willing, and able to provide your experience & wisdom. You are a great person and even a better Franchisor. From our very first conversation I felt confident in my decision to invest in your concept. Now that my salon is officially up and running I know without a doubt it was one of the best decisions I have ever made!" Thank you Sincerely, Eileen

"Scott is dedicated to his franchisees and works as hard for them as he does for his company-owned store. He is a tireless worker and is always full of great ideas." Jane & Todd (13 year franchisee, owner of 4 salons)

Photos

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