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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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
Franchise Stats
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 to Other Beauty & Spa Services Franchises
Key Insights
- Lower investment than 76% of Beauty & Spa Services franchises
- Top 10 largest franchise system in Beauty & Spa Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Sharkey's Cuts for Kids Current | $197K - $336K | $45K | N/A | 170 |
| SPORTS CLIPS (SINGLE UNIT) | $289K - $475K | $30K | 6.0% | 1,754 |
| SUPERCUTS | $186K - $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K - $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K - $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K - $125K | $65K | 0.0% | 387 |
Beauty & Spa Services Average 45 franchises | $397K - $729K | $49K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 45 Beauty & Spa Services franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for Sharkey's Cuts for Kids franchisees (2012 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
Unlock Franchisee Contact Database
170 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
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)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Sharkey's Cuts for Kids franchise?
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.
How many Sharkey's Cuts for Kids franchise locations are there?
As of the 2025 FDD, Sharkey's Cuts for Kids has 170 franchise locations. The company has been franchising since 2003.
Can you get an SBA loan for a Sharkey's Cuts for Kids franchise?
Yes, SBA loans are available for Sharkey's Cuts for Kids franchises. Historical data shows 72 SBA 7(a) loans have been approved for Sharkey's Cuts for Kids franchisees, with an average loan amount of $173,571. The historical default rate is 1.4%.
Is Sharkey's Cuts for Kids a good franchise to buy?
Sharkey's Cuts for Kids shows several positive indicators: established brand with 170+ locations, low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Sharkey's Cuts for Kids?
Talk to a franchise advisor to get personalized guidance and learn if Sharkey's Cuts for Kids is the right fit for you.
Talk to an Advisor