Snip-Its vs Sharkey's Cuts For Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Snip-Its vs Sharkey's Cuts For Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Snip-Its Franchise
Sharkey's Cuts For Kids Franchise
Investment $124,595 - $220,375$163,420 - $222,995
Franchise Fee $20,000 - $35,000$129,995
Royalty Fee 6%$1000-$1,500/Month
Advertising Fee 2%-
Year Founded 19922001
Year Franchised 20032004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of initial fee-


Business Experience Requirements
 
Snip-Its Franchise
Sharkey's Cuts For Kids Franchise
Experience
  • General business experience

    • Focused, determined and looking for a good work-life balance

    Financing Options
     
    Snip-Its Franchise
    Sharkey's Cuts For Kids Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Snip-Its Franchise
    Sharkey's Cuts For Kids Franchise
    Training On-The-Job Training: 80 hours Classroom Training: 34 hours

    Training includes

    Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas.
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 75% of all franchisees own more than one unit

    Absentee Ownership Allowed

    Number of Employees Required to Run: 6 - 10

    		-

    Expansion Plans
     
    Snip-Its Franchise
    Sharkey's Cuts For Kids Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Snip-Its

    Snip-its franchise has changed the dynamic of children's haircare by turning what has traditionally been considered a mundane and often unpleasant experience into a fun-filled adventure. The Snip-its franchise features memorable branding, our own cast of cartoon characters, interactive computer play stations, the Magic Box, and a complete line of haircare products formulated just for kids. These, along with our proprietary point of sale, proven marketing system and specially trained stylists represent one of the most innovative franchise opportunities available.

    About Sharkey's Cuts For Kids

    At Sharkey's Cuts for Kids, they know that kids and parents want something different with their haircut experience. So they provide it all: a superior haircut with warm, experienced stylists in a meticulously clean place filled with fun! Children can sit in a Harley Davidson Motorcycle, Barbie Car, Big Red Jeep, and Sparkling Silver Mercedes while watching their favorite DVD'S and videotapes. Older kids will love the chance to play Playstation 2 games and watch some of their favorite sporting events or music concerts through Direct TV, while getting their haircut!  And if you should be waiting for your haircut or just want to have fun, come visit their mini arcade full of children's rides, video games, and pinball machines, or shop for some great toys, gifts, or party favors! Take control of your future with a proven business and turn your dreams into reality with Sharkey's Cuts for Kids. We are the fastest-growing chain of children's hair salons in the United States, Europe, & Canada and we are seeking enthusiastic entrepreneurs to join our family. Our brilliant formula for success is all about our multiple sources of revenue that flow through our shops! Haircuts, birthday parties, toys, hair accessories, jewelry, and lots more.....
    You don't need to be a licensed cosmetologist or have previous hair-care experience to become a Sharkey's Cuts for Kids franchisee. The most important requirements are a great attitude and work ethic; a passion for interaction; a willingness to listen, learn and lead; and a desire to make your Sharkey's Cuts for Kids salon the very best it can be, each and every day. With Sharkey's Cuts for Kids, you are gaining an extraordinary opportunity thanks to a recession resistant $40 billion hair care industry, of which approximately $5 billion is spent on children. In addition, we set ourselves apart from other salons through our multiple sources of revenue, ease of operation and our outstanding franchisee support. If you are focused, determined and looking for a good work-life balance we want to talk to you.

    The total investment necessary to begin operation of a Single Sharkey’s Cuts for Kids (A-Package) franchise is approximately $163,420 to $222,995. This includes $129,995 to $123,495 that must be paid to the franchisor and/or its affiliate.
    The total investment necessary to begin operation of a Single Sharkey’s Cuts for Kids (B-Package) franchise is approximately $163,420 to $187,995. This includes $129,995 that must be paid to the franchisor and/or its affiliate.

    Veteran Incentives 5% off franchise fee
    #386 in Franchise 500 for 2021.  Not in Franchise 500 for 2020