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Sharkey's Cuts for Kids

Sharkey's Cuts for Kids

Sharkey’s Cuts for Kids is a franchising company that offers hair salons designed to attract children and families, providing haircuts and styling services in a fun, family-friendly environment with features like decorative chairs, video games, televisions, movies, and optional birthday party events. The business operates under a comprehensive system including standardized design, operations, training, and marketing to ensure uniformity across locations. Their target market is primarily children of all ages and their families seeking enjoyable hair care experiences.

170locations
$197K–$336K
Since 2003
ServicesWestport, CTwww.sharkeyscutsforkids.comDisclaimer

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Franchise Costs

Franchise Fee
$45,000
Initial Investment
$197,415 – $336,240
Royalty Rate
N/A
Brand Fund
1.00%
Fixed Monthly Fees
$165 – $165

Escalating fixed monthly royalty ($1,000 months 4-12 to $1,750/mo after month 37) + 1% ad fund (up to 3%) + $165/mo software fee

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

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Sharkey's Cuts for Kids Franchise Analysis

What if a fun kids' haircut spot promised family vibes but hid its earnings story? Sharkey's Cuts for Kids boasts a lively system with games and parties, yet skips Item 19 financial performance reps, leaving would-be owners guessing on revenues. SBA lending data hints at solid backing—does this chain deliver steady trims or just playful cuts?

Item 7 lays out the initial investment from $197,415 to $336,240, covering buildout for those kid-enticing setups like video games and movie screens. The $45,000 franchise fee gets you into a brand franchising since 2003 from Westport, CT, with training and marketing support. Ongoing fees escalate: royalties start at $1,000/month (months 4-12), hit $1,500 (13-24), $1,625 (25-36), then $1,750 after month 37, plus 1% brand fund (capped at 3%) and $165 monthly software—totaling mid-four figures yearly for a mature unit.

No Item 19 means no disclosed revenues or profits, a red flag for transparency in beauty services where margins vary wildly. Still, 170 franchise locations (2 corporate) show scale, with 63 projected new units signaling expansion appetite amid 8 transfers. SBA stats shine: 72 loans averaging $173,571 with just 1.4% default rate, suggesting viable financing and low risk. One settled arbitration over pre-opening issues (refunded fees) is minor, but weigh the no-earnings disclosure against growth momentum before clipping your capital.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Sharkey's Cuts for Kids Compares

Key Insights

  • Lower investment than 77% of Beauty & Spa Services franchises
  • Top 10 largest franchise system in Beauty & Spa Services
FranchiseInvestmentFeeRoyaltyLocations
Sharkey's Cuts for Kids
Current
$197K – $336K$45KN/A170
SPORTS CLIPS (SINGLE UNIT)$237K – $581K$30K6.0%1,702
SUPERCUTS$186K – $323K$40K6.0%1,701
DaVi Nails and Em Lash Studio$61K – $144K$65KN/A400
PALM BEACH TAN$648K – $1.1M$30K6.0%397
DAVI NAILS$57K – $125K$65K0.0%387
Beauty & Spa Services Average
52 franchises
$413K – $743K$48K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 52 Beauty & Spa Services franchises by location count.

SBA Loan History


Historical SBA 7(a) loan data for Sharkey's Cuts for Kids franchisees (20122025)

Total Loans
72
Average Loan
$173,571
Total Volume
$12.5M
Default Rate
1.4%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

72 SBA loans on record

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Franchisee Contacts

170 franchisee contacts on file from official FDD filings.

170 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases1

One arbitration by a former franchisee alleging breach of franchisor's pre-opening obligations, resolved by settlement with refund of initial fees and termination.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
1
Ceased Ops
1
Transfers
8
Sold to Franchisees
0
Projected New
63

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Frequently Asked Questions

The total initial investment to open a Sharkey's Cuts for Kids franchise ranges from $197,415 to $336,240. This includes a franchise fee of $45,000.