Sharkey’s Cuts for Kids recently graced the pages of Franchise Dictionary Magazine.
PASSIVE OWNERSHIP IS WHAT SHARKEY’S CUTS FOR KIDS IS ALL ABOUT.
Entrepreneur magazine recognized Sharkey’s as a top 100 brand under $150K for 2018. Sharkey’s proven business model works best when the owner is hands-off in the daily operations of the business.
“We seek franchise partners who want to keep their day jobs. Franchisees can run their businesses from home, the kitchen table, or a remote location. We offer a recession-proof investment… not a job,” says Scott Sharkey, founder and CEO.
Sharkey, and his wife Linda, created Sharkey’s Cuts for Kids to offer a different kind of hair-cut experience for children ages 0 to 14. They saw an opportunity to take the drudgery out of kids’ haircuts and turn it into a fun and lucrative business. The first location opened in Greenwich, Connecticut, in 2002, and has grown steadily. “We do not sell a haircut, we sell an experience,” says Sharkey.
From toddlers to tweens, Sharkey’s Cuts for Kids has something for everyone. “We don’t just cater to the youngest of children or one gender. We have positioned ourselves in the market as the only true kids’ salon franchise for ages 0-14! With our unique design and technology, we are able to keep the kids coming to Sharkey’s for an additional 8 years over other kids’ salons. This allows Sharkey’s to have the highest and longest retention rate in our industry,” says Sharkey. While they are getting haircuts, younger kids are thrilled to sit in novelty chairs and watch shows and older kids get the latest in technology and have a blast playing their favorite Xbox game.
Multiple revenue streams come from a variety of services, including birthday parties and proprietary product lines. A membership program guarantees repeat business. With the recent acquisition of The Hair Genies Lice Treatment Institute, Sharkey’s will be adding a Lice Treatment Clinic franchise to its portfolio.
Sharkey is excited for the growth of the business, which doubled in 2018. “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,” Sharkey says.
For more information, visit SharkeysFranchisingCompany.com or take a virtual tour at SharkeysVirtualTour.com
Article by Jill Abrahamsen, Franchise Dictionary Magazine