Semi-Absentee Sharkey’s Cuts for Kids
Sharkey’s Cuts for Kids franchise for sale in Madison, New Jersey
List Price: $45,000 USD
Key Facts
Annual Gross Revenue
$50,000 USD
Cash Flow
Less than $25,000
Seasonal Business
No
Value of Inventory
Less than $25,000
Value of Assets
Less than $25,000
Year Established
2018
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$4,000
Total Employees
Less than 10
1–3 MonthsTransition
Support
Very FlexiblePrice/Terms
Flexibility
SomeSeller financing Available
Part-timeOwner
Involvement
About this Business
Great opportunity to own a recession-proof family-oriented business with some seller financing available!
This location was established in 2018. The current owners took it over about a year ago and grew it from 2 staff members doing 100 cuts a month to 5 staff members doing over 400 cuts a month. It’s been growing by about 10% a month! The salon is known as the primary children’s hair salon in the community, hosting fun events in store and around the community. Unfortunately, the sellers are being reassigned to Germany with the Army.
If you are interested in growth, also for sale is an additional franchise license at a reduced rate ($70,000 vs. the full price of $172,000. This includes all new salon furnishings and products). This can be bundled into the sale of the Madison location, or sold separately, and does not have a current territory assigned to it, which means you can coordinate with the franchisor to open almost anywhere in the US.
Own a semi-absentee business that helps kids look their best while feeling comfortable doing so. Inquire now!
Growth opportunities
If the owner is a networker and can interface more with the community, the business will propel forward in a big way. Revenue in the Beauty & Personal Care market amounts to US $564.40 Billion in 2022. The market is expected to grow annually by 4.76% (CAGR 2022-2026).
Owner's Day-to-Day Involvement
Owners currently support daily operations and business development through the manager. They create the plans for growth with the manager, who then executes the plans through the team and a marketing agency. This takes about 6 hours per week.
Additional Info
No experience in the hair cutting industry required. All necessary training will be provided by the franchisor. There is a $10,000 transfer fee due to corporate, which the seller is willing to negotiate. Buyer will need to be approved by the franchisor and meet their criteria to be a franchisee. Some seller financing available for the right buyer. We set ourselves apart from other beauty industry brands through technology and product offerings, which keeps us ahead of the competition. We do have a robust point of sale platform that supplements much of our marketing process through email and SMS.
Asset Description
Four fun cars, signage, salon products and toys, mirrors, washer and dryer, 4 X-boxes, 7 TV's, full salon furnishings
Inventory Description
Miscellaneous salon products valued at $3500
Reason for Selling
Military move overseas
Why I Love My Franchise
Sellers love that there is a community service proponent, and that it is a fun place for the community.
About Sharkey’s Cuts for Kids
Sharkey’s Cuts for Kids is a children’s hair salon franchise founded in 2001 by Linda and Scott Sharkey. Headquartered in Westport, Connecticut, the brand has grown to over 150 locations globally, including the U.S., Canada, Europe, and the Middle East. Sharkey’s is committed to making haircuts enjoyable for kids and providing superior service in a clean, fun, child-friendly environment. It offers themed chairs like Barbie Jeeps, Dodge Police Cruisers, and NASCAR Race Cars, where kids can watch cartoons, Netflix, or play video games during their haircuts. The salon also features a Tween Lounge for older girls and hosts Glamour Parties and birthday events, adding to its multiple revenue streams.
Franchisee Support
Sharkey's Cuts For Kids provides 24 hours of on-the-job training and 22-30 hours of classroom training. Franchisees receive ongoing support through newsletters, meetings and conventions, grand opening assistance, online support, security and safety procedures, lease negotiation help, field operations guidance, site selection assistance, proprietary software, and access to a franchisee intranet platform. Marketing support includes co-op advertising, ad templates, national media exposure, regional advertising assistance, social media guidance, SEO support, website development, email marketing tools, and a loyalty program/app. Notably, Sharkey's offers personal, ongoing support and a training program designed to prepare franchisees to manage all aspects of their business.
Brand Accolades & Awards
Sharkey's Cuts for Kids is an award-winning children’s salon recognized for its fun and engaging haircut experience and consistent accolades from 2016 to 2024. Known as the fastest-growing children’s hair salon franchise, Sharkey's has earned annual awards and expanded rapidly, operating over 150 U.S. locations and international franchises in Asia, Europe, and South America. Its innovative business model, which includes multiple revenue streams like themed parties and beauty services, has further contributed to its franchise success and broad market appeal.
Industry / Market
Sharkey’s Cuts for Kids operates within the children’s salon industry. The brand has positioned itself uniquely with a focus on providing fun haircut experiences for children aged 0-14. Its business model includes multiple revenue streams such as birthday parties and proprietary products.
Ideal Owner
The ideal owner is an entrepreneur seeking a semi-passive ownership model with a focus on long-term investment rather than active, daily management. Key qualities include an entrepreneurial mindset, with a desire to invest in a proven, family-focused business model, and financial readiness, with a minimum net worth of $350,000 and liquid capital of $150,000 to $222,995 to meet startup requirements. A passion for creating a fun, engaging experience for children and families is essential, though prior salon industry experience is not necessary. Strong organizational, financial management skills, and the ability to manage operations remotely while balancing other commitments enhance the likelihood of franchise success.