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.

170
Locations
$197K–$336K
Investment
Since 2003
Franchising
ServicesWestport, CTwww.sharkeyscutsforkids.comDisclaimer

Franchise Costs


Franchise Fee
$45,000
Item 5 of FDD
Initial Investment Range
$197,415 $336,240
Low: $197,415High: $336,240
Item 7 of FDD
Royalty Rate
N/A
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$165 – $165
Item 6 of FDD

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

How Sharkey's Cuts for Kids Compares


Key Insights

  • Lower investment than 76% 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)$289K – $475K$30K6.0%1,754
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
49 franchises
$411K – $755K$48K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 49 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.

Franchisee Contacts


170 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

170 Contacts Available

Unlock all Sharkey's Cuts for Kids franchisee contacts with verified contact information

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

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.

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