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Presentation by Sharkey’s Franchising Co.
Franchise: Sharkey’s Cuts for Kids
VOTED #1 KIDS HAIR SALON FRANCHISE IN THE WORLD!
2Sharkey's Franchising Co.
A successful franchise brand in an Emerging Niche. Competition is non-existent in most markets (ie.
Supercuts, Great Clips, etc, not our competition). Lowest Cost Model in this Niche with greatest
expansion possibilities. Voted #1 Kids Salon Franchise year after year. Ownership 100% committed to the brand. The kids hair industry will “never” be replaced.
Reasons for Investing in Sharkey’s: Low Cost Investment: approximately $125K-$150K
(turn-key) Open for business within 60-90 days once a location
is secured. Fun business you can pass along to your kids. Franchisor Service & Support is ongoing and available
24/7. Strongest brand in this rapidly emerging market.
Positives Brand Attributes
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PICTORIAL OVERVIEW OF STORES & THE BRAND
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Sharkey’s Cuts for Kids Multiple locations in 18 States
and 4 Countries
Sharkey’s Hair It Is Multiple locations in 4 States
Focuses on children’s haircuts Have distinctive products and
services including car seats, video games, and parties
Average haircut is around $22 (pricing based upon local markets)
Sharkey’s Cuts for Kids
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Car seats for children where they can watch their own movies
Xbox and Playstation for older children to play video games during haircut
Glamour room & Tween Lounge for birthday parties and haircuts for Tweens
Points of Difference
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Typical Unit Data Stores range from 850-1500 square
feet Average is around 1200 square
feet. Ideal size is 1100 square feet.
Generally five (5-7) people are needed to run a salon.
Employees paid approximately $9.75 an hour average plus tips (+/- 10%).
Product Sales are approximately 10% of the sales mix and growing for 2015.
Our “famous” Glamour Parties are approximately 10% of the sales mix. 7Sharkey's Franchising Co.
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Sharkey's Franchising Co.
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Sharkey's Franchising Co. 10
New from Sharkey’s
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Customer base Boys constitute 60% of
client base (ages 0-12).
Girls constitute 40% of client base (ages 0-14).
Parties Approximately $350
for 12-16 girls (up to $695 in certain markets).
*percentage of the girls normally become clients.
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Fun Haircare Products
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Organic Line “just for kids”!
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Franchise Awards
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Car Wrap Designs at No Cost
*Please provide us with your make, model, & year.
Where we pull our customers: Full Service Discount Salons & Barber Shops
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Fantastic Sam’s Franchise Units
2010: 1,262 2011: 1,199 2012: 1,162 2013: 1,164 2014: 1,146
Total Investment: $136,100 - $246,100
Multi-Purpose Discount salon
Term of Franchise Agreement: 10 years
Client Base mixed between male and female with a small percentage of kids.
*Above data compiled from various internet locations via 3rd party
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Great Clips Franchise Units
2010: 2,787 2011: 2,858 2012: 3,002 2013: 3,389 2014: 3,408
Total Investment: $109,150- $208,300
Multi-Purpose Discount salon
Term of Franchise Agreement: 10 years
Client Base mixed between male and female with a small percentage of kids.
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*Above data compiled from various internet locations via 3rd party
Sport Clips Franchise Units
2010: 683 2011: 772 2012: 902 2013: 1103
Total Investment: $158,300- $316,500
Term of Franchise Agreement: 5 years
Client Base 95%-100% men and boys over the age of 10.
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*Above data compiled from various internet locations via 3rd party.
Super Cuts Franchise Units
2010: 1,025 2011: 975 2012: 1,027 2013: 1,125 2014: 1,196
Total Investment: $113,750- $233,600
Multi-Purpose Discount salon
Term of Franchise Agreement: renewable, but conditional
Client Base mixed between male and female with a small percentage of kids.
*Above data compiled from various internet locations via 3rd party.
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22*Above data compiled from various internet locations via 3rd party.
Competition: Kid-focused Salons
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Sharkey’s Cuts for Kids
Snip-its Cool Cuts 4 Kids
Pigtails & Crewcuts
Company Base
Westport, CT Eden Prairie, MN
Minneapolis, MN
Roswell, GA
Units in System
42 68 62 38
State Locations
Arizona, California, Colorado, Connecticut, Florida, Georgia, Michigan, Missouri Nevada, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington
(plus international locations shown on map)
Arizona, California, Colorado, Connecticut, Florida, Georgia, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia
Arizona, California, Colorado, Florida, Illinois, Michigan, Nevada, Texas
Arkansas, California, Colorado, Florida, Georgia, Hawaii, Illinois, Louisiana, Maryland, Missouri, Nebraska, New Jersey, North Carolina, Oregon, Tennessee, Texas, Virginia
24*Above data compiled from various internet locations via 3rd party.
Competition Total Franchise Investment
Franchising Since
Snip-Its $162.8K - $288.2K 2003
Pigtails & Crewcuts
$115K - $168.3K 2005
Sharkey’s Cuts for Kids
$96K - $128K 2006
Cool Cuts for Kids $108K - $189K 2009 (most stores corporate owned)
Sharkey’s Offers Lowest Cost Option
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*Above data compiled from various internet locations via 3rd party.
Sharkey’s Domestic Locations
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Primary Kid-focused Competitors
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Sharkey’s International Locations
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Franchise Fee* Delivers Full Package on Turn Key Basis ($89,995 pays for:)
• Franchise Fee includes between 8-11 haircutting stations (based on size of salon).
• Prices may vary for international locations.
ConfidentialSharkey's Franchising Co.
The cost of the following equipment and supplies is included in the Initial Franchise Fee for a Sharkey’s Cuts for Kids franchise: desk, base cabinets, adult styling chairs, kids styling chairs, station vanities,, Xbox 360 or Playstation 3 or 4, assorted video games, flat panel televisions, flat panel television wall brackets, shelves for window display, shelves and racks for in-store display, stools, monogrammed coat hooks, monogrammed fixtures for vanities, signage for outside, assorted mirrors, Glamour Stools, decorative knobs for mirrors, decorative fabric/curtains for mirrors, decorative display hooks around mirrors, manicure station, chalk buckets, chalk railing, slop sink, storage shelves, combs, brushes, blow dryers, clippers, buzzers, towels, hair washing station, hair washing chair, booster seats, Sharkey dollars, Sharkey bookmarks, Sharkey 1st haircut certificates, telephone, monogrammed bags, assorted wall hangings, retail, software, scanner and computer.
If certain items included in the above list are not available at the time we supply your franchise, we will replace any item that is of equivalent value and serves the same or similar purpose.
Costs to open a unit
(Franchise Fee goes up $5,000 -$7,500 in 2015)
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Prices may vary for international locations.
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Sharkey’s Family Salon!(Designed for smaller markets)
*Please provide us with your make, model, & year.