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Blog/Health & Beauty/Sharkey's Cuts for Kids
  • Super Recession-Safe. Kid's Hair Doesn't Stop Growing.
  • Keep Your Job and/or Own Another Business.
  • Lower Investment Compared to Other Salon Businesses.
  • Multiple Income Streams: haircuts, retail products, and "glamour girl" parties.
  • $55 Billion Per Year Hair Care Industry: $5 Billion Children's Hair Care Market.

Business Model

Imagine a business that practically runs itself, where investors can watch their investment grow—this is what Sharkey’s Cuts for Kids offers. CEO Scott Sharkey has built something rare: a franchise model that’s recession-safe and designed to thrive in today’s market and beyond.

Unlike short-lived concepts that may fade after a few years, Sharkey’s provides a timeless, essential service with built-in demand—kids need haircuts, a service that cannot be replaced online.

Key Figures & Facts

Total Investment

$189,415 - $299,360

Royalty Fee

$1,000/m

Advertising Fee

0%

Significant Capital Expenditure Items

Turn-key themed furnishings package, construction and improvements to the leasehold space, computer systems, software, signage, grand opening advertising, and working capital while ramping up the business.

Initial Franchise Fee

One Unit

$159,990

Two Units

-

Three Units

-

Minimum Liquid Capital Required

$159,990

Minimum Net Worth Required

$350,000

FDD Item 19 Summary*

The financial performance representations disclosed in the 2024 Sharkey's Cuts for Kids FDD show total revenue numbers for more than 50 franchise outlets in years 2022 and 2023. The average Unit Revenue for 2023 is $299,537.

History

Founded in 2002 by Linda and Scott Sharkey in Westport, CT, Sharkey's Cuts for Kids has now grown to over 160 locations in every corner of the U.S. and has 45+ more locations in development.

Year Founded

2002

# of Franchise Units

165

Year Franchising Began

2006

# Total Units

166

Headquarters

Westport, CT

# Franchisees

-

Immigration Friendly

Yes

Veteran Incentives

Yes

Operational Attributes

Industry Category

Health & Beauty

Home Based

Yes

B2B / B2C

Both

Owner Involvement

Can be very minimal allowing owner to manage the business remotely.

Day In The Life

The franchisee starts their day by reviewing real-time salon performance through the online management system. They check staff schedules, oversee appointments, and coordinate any supplies needed. The franchisee may connect with their manager remotely to address customer feedback or strategize marketing efforts. As a passive owner, they focus on scaling their business, networking, or exploring new locations for expansion. The day often ends with a review of sales, ensuring smooth operations and customer satisfaction.

Services/Income Streams

Haircuts, retail products, and pre-teen theme (glamour girls) parties.

Customer Base

Includes families with children of all ages, primarily focusing on kids aged 0-14.

Business Hours

Standard business hours Monday - Saturday

Competition

Mostly fragmented mom-n-pop shops. Many of the adult haircutting franchises often act as referral sources to Sharkey's because their stylists do not want to service restless kids in adult themed salons.

Scalability

Sharkey's Cuts for Kids scales easily with a turnkey package, multiple revenue streams, and minimal competition. Its passive-ownership model, streamlined operations, and high customer retention make it simple to replicate success across multiple family-friendly salon locations.

Recession Strength

Very strong against national economic recessions. Children's hair never stops growing and Sharkey's caters to kids up to 14 years old

Territory Description

A single salon within a pre-designated territory of a minimum of 10,000 kids within a five miles radius of the location.

Franchise Agreement Term

10 Years with renewal term

Frequently Asked Questions

How long will it take to find and launch a franchise?

From the start when you are compiling your shortlist of franchises on through analyzing and signing your franchise agreement can take as little as 30 days (but that's fast) and as much as 90+ days. Much of this timeline depends on how meticulous you are with your due diligence and analysis. Some financing strategies take longer than others which may impact your timeline too. Then the time frame to launch your franchise depends a lot on its business model. For example, many home based franchises can take as little as 30 days to get open for business, while those that require a brick-and-mortar building can add as much as six months to the timeline to allow for lease negotiation and construction of the business' interior design. We hate to say "it depends", but... it depends.

How much does BizVendr charge me?

Absolutely nothing! Zilch. Nada. Since we're paid by any one of the more than 700+ franchises you may consider, we really have no agenda as to which franchise you choose. Our BizVendr advisors are motivated by making a good match with you and the franchise, that's our sincere motivation. We know when that happens it benefits you, the franchisor, and we then get paid for a successful match. Hopefully, you'll then tell your friends to call us too!

What is better to buy an existing open business for franchise?

Because our founder has many years of experience as a "business broker" he can tell you many stories and reasons why most entrepreneurs should consider franchises rather than existing businesses, especially if it is a first-time buyer with less than one million dollars to invest, here's why that will make sense to you. More often than not most of the businesses with values under $1 million are operated with inadequate to poor financial records. At lower level values of small businesses owners usually "play" with their accounting more readily than larger businesses can afford to do. That often makes it very difficult for business buyers to analyze the financials and come to an accurate valuation of these small businesses under $1 million. This tends to lengthen a buyer's search time to be months or even years sometimes. And, by having a franchisor in your corner who is incentivized to support the growth of your franchise you're not left with no one to call for help like you would be after the seller of an existing business has received his proceeds high-tailed it to the golf course or Cancun. Under $1 million stick with franchises in almost all cases.

How much money will I make with a franchise?

Well, here's the catch 22. You cannot and should not make a decision about the viability of any business opportunity without projecting how much money you believe you can make. The problem is franchise law enacted by the U.S. Federal Trade Commission (FTC) does not permit franchisors to estimate how much money you will make. In an effort to protect you and your investment, the law does not make it easy on you to get the question answered by the franchisor. So, how do you answer it? You have to quiz the franchisor on what you see in their Franchise Disclosure Document (FDD) for any financial performance representations in the Item 19 section. And, you need to inquire with current franchise owners in the franchise about their performance to help you make your own pro-forma profit and loss statement of projections. In the book by the founder of BizVendr "The Ultimate Franchise Buyer's Guide" he'll give you detailed instructions on how to do this. Ask for a copy today.

Does BizVendr work with everyone?

We would love to work at no cost for everyone, of course, but obviously that is just not possible. Assuming you have at least $100,000 in liquid investable cash and a humble, coachable spirit you will be exactly what many of the franchisors in our portfolio of brands are looking for. We're ready to go to work for you. Click the Start Your Search For Free Today button below and take the Franchise Fingerprint™ assessment to begin.

How can I protect myself when buying a franchise?

At more than 4,000 franchises nationally in the U.S. there is no shortage of business models to choose from. At BizVendr we align ourselves with the two most reputable franchise associations in the industry, the International Franchise Professionals Group and the Franchise Brokers Association. These two affiliations help us regularly connect with the most respected and proven franchises in the industry and combined give us more than 700+ franchises that we scrutinize and curate to present you with the safest, most profitable brands in the business. Every year we make a high six figure investment to be sure we're able to connect you with amazing opportunities.

Is BizVendr a broker?

The proper term for the relationship we have with you and the franchisor is that of a "recruiter". Look at it this way, we're not a "broker" because there is no professional license that governs what we do (i.e. stock or real estate brokers) and we don't "sell" anything. We're not motivated to steer you in one direction or another, we're incentivized to help you find the "right" franchise for you and the franchisor. We're also not a "Consultant" because we're not paid by you as in typical consultant/client relationships. Really what we do is ethically match you with what you feel is the best franchise for you and the franchisor. That is the best way to describe our motivation and role in supporting you in your transaction.

Disclaimer

Business Sellers, Inc dba BizVendr does not guarantee the financial performance of any franchise, licensed affiliate or business opportunity. The information provided herein was furnished to BizVendr by the Franchisor. BizVendr has not verified this information and makes no representation or warranty as to its accuracy, completeness or authenticity nor to any claims of potential earnings of this or any franchise, licensed affiliate, or business opportunity. The decision to invest must be based upon the buyers independent research and analysis. Business Sellers, Inc is not liable for any representation made by an employee, affiliate, or associate of Business Sellers, Inc with respect to real estate, financial, operations, or marketing performance of the business being acquired. The franchise buyer is advised to request and receive franchisor’s Franchise Disclosure Document (FDD) and to seek professional guidance from attorney or accountant prior to executing any legal documents with franchisor(s). This website and page does not constitute an offering of a franchise per the registration requirements by the Franchisor in some states. The following are registration states (CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI).

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Disclaimer:

This website is not part of the facebook website or facebook inc. This website is not endorsed by facebook in any way. Facebook is a registered trademark of facebook, inc. Further, this is not a franchise offering. A franchise offering can only be made by the franchisor in a state where they are registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if they provide you with an appropriate franchise disclosure document. Follow-up or individualized responses to you that involve either effecting or attempting to effect the sale of a franchise will be made only if the franchisor is in compliance with state registration requirements or are covered by an applicable state exclusion or exemption.