2002
229
$159,992
$40,000
$299,360
Yes
Passive ownership is what Sharkey's is all about, says CEO Scott Sharkey. We have been able to combine a passive ownership franchise with a model that is 100% recession-proof for today and years to come. Sharkey's Cuts for Kids is not one of those trendy franchises where maybe you make back your ROI within 3-5 years before your concept gets replaced by something bigger, better, or more trendy. Our franchise offers people the opportunity to invest in a brand that has longevity, is fun to run, is recession proof and has very little competition. Kids always need haircuts and you cannot get that on Amazon.
Our goal is to give people a passive ownership opportunity at a very nominal cost. Its longevity is an investment, giving owners the option to pass their business down to future generations".
2025 - 49 New Locations + Strong Item 19 (BEST IN 22 YEAR HISTORY)
Established: 2002
First Unit Franchised: 2006
Franchised Units: 180 (49 in development)
Company Owned Units: 1
States Registered In: All states except Hawaii & Alaska
Canada Franchises: Yes
International Franchises: Yes
Special Instructions: Top 100 Franchises for 2021 & Award Winning Franchise for 2022, 2023, 2024!
Cash Investment: $159,990
Total Investment: $188,665 - $299,360 ($74,000 savings for multi-pack/2-pack)
Minimum Net Worth: $350,000 (NEW In-house Financing Now Available at 2.5%)
Franchise Fee: $40,000
Royalty: Flat fee of $1,000 per month
Ad: 0%
Average Number of Employees: 6
Item 19: Yes (Strong 2024 Item 19 - BEST IN 22 YEAR HISTORY)
Visa Candidates: Yes SBA Approved: Yes
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes 5%
Financial Assistance Provided: 3rd Party &
(NEW In-house Financing Now Available at 2.5%)
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Co-Operative Advertising: No
Training: All included in the franchise fee. 3-4 days at corporate headquarters in CT (or virtual), for two people.
Sharkey's is a 100% absentee business and we only want franchisees who are not looking to work "physically" in the business. We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun.
Do I need hair care experience?
Not at all. We actually prefer previous management or business experience to hair care experience. Your stylist will handle the hair while you focus on building your business.
IDEAL CANDIDATE:
An ideal candidate is someone who is looking for a very fun, recession-proof business that can be managed from home or any remote location. We want/prefer passive owners!
