Sharkey’s Cuts for Kids Franchise
Have you ever wanted to own your own business? Be your boss? Are you looking for a franchise in the USA? The franchise is right for you. To know about how you can get a franchise, in the following paragraph. You can see the cost and profit you can make through the franchise. You can even learn about the requirements that are needed for a franchise.
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Sharkey’s Cuts for Kids Franchise Wiki
Passive and entirely Absentee Ownership is what Sharkey’s is all about, says CEO Scott Sharkey. We have combined an inactive ownership franchise with a model that is 100% recession-proof for today and for years to come.
Sharkey’s Cuts for Kids is not one of those trendy franchises where you could make back your ROI within 3-5 years before your concept gets replaced by something bigger, better, or more stylish.
Our franchise offers people the opportunity to invest in a brand, not buy a job, that has longevity, is fun to run, and has very little competition. Kids always need haircuts, and you cannot get that on Amazon!
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Sharkey’s Cuts for Kids Franchise Benefits
- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
Sharkey’s Cuts for Kids Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
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What Is Sharkey’s Cuts for Kids’ Business Model?
The core of Sharkey’s Cuts for Kids’ business model is centered around providing a fun atmosphere for children to get haircuts. Sharkey’s Cuts for Kids has a passive, fully absentee ownership opportunity. In fact, according to the brand’s website, owners of single units are encouraged not to work in the salon. Additionally, owners are not required to have any prior hair salon experience. Instead, Sharkey’s Cuts for Kids looks for individuals with a “great attitude and work ethic; a passion for interaction; a willingness to listen, learn and lead; and a desire” to make their salon the best.
It is described as a very easy-to-operate business with multiple revenue streams providing higher profit potential. Examples of the different revenue streams include:
- Haircuts for boys and girls
- Specialty merchandise, party favors, and hair accessories
- Birthday parties in its “famous” glamor room and tween lounge
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“Our franchise offers people the opportunity to invest in a brand, not buy a job, that has longevity, is fun to run, and has very little competition,” said CEO Scott Sharkey. “Kids always need haircuts; you cannot get that on Amazon.”
In addition to Sharkey’s Cuts for Kids, the brand also offers franchise opportunities for its family-focused hair salon, Sharkey’s Hair It Is, which provides hair salon services to men, women, and children.
Sharkey’s Cuts for Kids provides the following assistance to new franchise owners:
- Three to four days of comprehensive training
- Site selection and negotiation
- Salon design and layout
- Grand opening and continuous marketing programs
- Virtual service during great opening week
- Owners meetings to discuss operations and marketing
Sharkey’s Cuts for Kids Franchise Cost/ Investment / Price / Fee
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You should expect to invest between $188,665 and $299,360 for a single Sharkey’s Cuts for Kids (approximately $74,000 less if you purchase a 2-pack or 3-pack).
You should expect to invest between $176,670 and $237,495 for Sharkey’s hair (prices vary based on location).
*Typical financing will cover 60-75% of this amount.
Sharkey’s Cuts for Kids Franchise Requirements
- Legal to work in the USA
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
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Qualification
We seek passive owners who are positive, customer-focused, highly motivated people with a desire and commitment to building a successful business while having fun.
How Much Money Can I Make With A Sharkey’s Cuts for Kids Franchise
We encourage prospective franchisees to conduct significant due diligence during the discovery process and contact existing franchisees with questions on marketing, finances, sales volumes, operations, etc. The amount of profit or loss depends on several factors, including the ability of the franchisee to manage the business, drive sales volume, and control operating costs.
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How Many Sharkey’s Cuts for Kids Locations Are There?
As of October 2023, there are more than 130 Sharkey’s Cuts for Kids locations across the U.S., Europe, Canada, and the Middle East. The brand boasts that it opens up to 35 new sites annually and is one of the “fastest-growing chains of children’s hair salons.”
Trainning And Support
We offer unsurpassed, dedicated franchisee support.
Here are just a few key items:
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- 3-4 day comprehensive training.
- Site selection & negotiation.
- Salon design and layout.
- Grand opening and continuous marketing programs.
- Virtual assistance during grand opening week.
- Owners meetings to discuss operations and marketing.
How to Apply For Sharkey’s Cuts for Kids Franchise
First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.
Contact details
Website
Conclusion
So far, we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information, please share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you
FAQ (Frequently Asked Question)
Is Sharkey’s Cuts for Kids Franchise profitable or not?
Ans: It is a fast-moving product with fewer margins, but your sales need to be lowered. So, you can make more profit from this business.
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How much does it cost to open Sharkey’s Cuts for Kids Franchise?
You should expect to invest between $188,665 and $299,360 for a single Sharkey’s Cuts for Kids (approximately $74,000 less if you purchase a 2-pack or 3-pack).
You should expect to invest between $176,670 and $237,495 for Sharkey’s hair (prices vary based on location).
*Typical financing will cover 60-75% of this amount.
Is Sharkey’s Cuts for Kids a Franchise?
Yes, it’s a franchise.
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Do I need to work in the salon(s)?
We prefer you not to work in the salon and stay in your current job or role! For single salon owners, we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager.
Can I open multiple salons?
Yes, if you qualify, we encourage our franchisees to own more than one salon. We offer substantial discounts on the franchise fee for multiple salons.
What is your “Turnkey package”?
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All the store equipment, site location assistance, design plans, and more are included in the franchise fee – plus all the franchise information and training (for you and your employees) you will need to open for business.
Do I need hair care experience?
Not at all. We prefer no previous management or business experience to hair care experience. Your stylist will handle the hair while you focus on building your business.
Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.
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