"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, 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!"
The overall hair care industry is a $55-billion per year industry. It is estimated that hair care for children makes up $5 billion of the market. According to the 2000 census, there are over 52 million children between the ages of 0 and 12 in the US and they average 8 haircuts per year. This is Sharkey's Cuts for Kids target market.
Sharkey's is leading the industry by overtaking our closest competitor in 2008 with the title "Fastest Growing Children's Hair Salon" by Franchise Times. Voted #1 Kids Salon Franchise - 2016, 2017, & 2018 and Entrepreneur Magazines top kids salon franchise for 2016!