2026 FDD Issued Apr 20, 2026 Minnesota Commerce (CARDS)
Sharkey's Cuts for Kids Franchise Cost (2026)
A Sharkey's Cuts for Kids franchise costs an estimated $199,960 – $341,035 to open, according to Item 7 of the 2026 Franchise Disclosure Document (FDD). That total includes the $45,000 initial franchise fee (Item 5) and covers this format: Single Unit A Package. Item 6 lists royalty fee: $1,000 – $1,750 per month, subject to the conditions below. This record has unresolved source-review issues and was published provisionally before independent verification was complete.
Read the source-review hold before using these figures.
- Total investment
- $200K – $341KItem 7 source and qualifications
- Franchise fee
- $45KItem 5 source and terms
- Royalty
- $1,000 – $1,750 per monthItem 6 conditions and fee bases apply
- Brand fund
- 1% of Gross SalesItem 6 conditions and fee bases apply
What stands out about Sharkey's Cuts for Kids
The royalty is a flat monthly charge rather than a share of sales. Item 6 starts it after the first few months and raises it in yearly steps until it levels off from the fourth year, so a busy salon pays the same royalty as a slow one. Advertising is percentage-based instead, with an ad fund contribution of 1% of Gross Sales plus a required local advertising minimum.
Most of the opening cost goes to the franchisor. Item 5 bundles the franchise fee of $45,000 with a turn-key package of salon furniture, equipment and supplies and a grand opening campaign, all paid at signing, before rent, build-out and working capital bring the total to $199,960 – $341,035.
Item 19 separates salons by how many days a week they open, and salons open all week averaged far more than salons with a weekly closing day. The salon-by-salon listing does not reproduce several of the printed averages, including the overall figure for salons open all week, so a buyer should ask the franchisor which figures are correct.
Growth is steady and closures are few. Item 20 shows 37 franchised openings in 2025 against 7 closures, taking the franchised count to 200, and the projected-openings table lists a large number of signed agreements for salons not yet open.
What are the initial franchise fees and financial requirements for Sharkey's Cuts for Kids?
Item 5 lists an initial franchise fee of $45,000 for Sharkey's Cuts for Kids. Check the cited Item 5 for payment timing, discounts and format-specific terms.
Item 5 (PDF pages 11-12): $45,000 for a single salon, paid with a $119,990 Initial Turn-Key package (salon furniture, equipment, supplies and website) and a $15,000 grand opening advertising campaign, for $179,990 paid to the franchisor at signing (timing may vary with SBA lending). Multi-unit packs cost $306,990 for 2 salons, $444,990 for 3 and $858,000 for 6, paid at signing. The grand opening charge is $12,500 when buying an existing salon. Fees are non-refundable.
Source: Sharkey's Cuts for Kids 2026 FDD, Item 5, PDF p. 11.
This record lists no minimum net worth or liquid-capital requirement for Sharkey's Cuts for Kids, because no sourced figure has been recorded. Ask the franchisor for its current financial qualifications in writing.
How much does it cost to open a Sharkey's Cuts for Kids franchise? (Item 7)
Source: Sharkey's Cuts for Kids 2026 FDD, Item 7, PDF p. 16.
Item 7 of Sharkey's Cuts for Kids’s 2026 Franchise Disclosure Document estimates the total cost to open one single unit a package at $199,960 – $341,035. This total includes the initial franchise fee.
| Expense Category | Low ($) | High ($) |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Initial Turn-Key Package | $119,990 | $119,990 |
| Rental - 1 Month | $2,250 | $6,500 |
| Leasehold Improvements (after TI reimbursement) | $0 | $62,500 |
| Professional Fees | $0 | $4,000 |
| Blueprints and Plans | $0 | $5,000 |
| Computer Systems & Software, Indoor & Outdoor Signage, Lighting, Tile, Paint, Washer/Dryer | $13,500 | $24,000 |
| Insurance Premiums - Per Month | $175 | $250 |
| Security Deposits | $2,250 | $6,500 |
| Grand Opening Advertising | $15,000 | $15,000 |
| Recruiting Technology Fee | $750 | $750 |
| Main TV Advertising Media Player Installation and First Month | $795 | $795 |
| Permits and Licenses | $250 | $750 |
| Additional Funds - Three Months | $0 | $50,000 |
| Total | $199,960 | $341,035 |
Item 7 (PDF pages 16-23) prints $199,960 to $341,035 for a single salon under the A Package; its 14 lines add to that total. The franchise fee, turn-key package and grand opening campaign paid to the franchisor make up $179,990 of it. Rent of $3,200 to $5,500 a month is typical for the recommended 950 to 1,400 square feet, and a landlord turn-key build-out can save up to about $32,000 in leasehold improvements. The Single Unit B Package table prints $199,960 to $308,535, but its lines add to $307,035, so this record leaves it out. Multi-unit packs print $346,930 to $629,080 (A) or $564,080 (B) for 2 salons, $504,900 to $928,125 (A) or $830,625 (B) for 3, and $977,820 to $1,824,270 (A) or $1,629,270 (B) for 6.
What ongoing royalties and fees does Sharkey's Cuts for Kids charge? (Item 6)
Source: Sharkey's Cuts for Kids 2026 FDD, Item 6, PDF p. 12.
Item 6 of Sharkey's Cuts for Kids’s 2026 FDD lists the charges below. Recurring charges and charges triggered by a transfer, renewal or other event have different conditions. Read each fee’s basis and notes before comparing rates.
How to read an Item 6 fee table.
| Fee Type | Amount / Rate | Payment Frequency | Notes & Source |
|---|---|---|---|
| Royalty Fee | $1,000 – $1,750 per month | Every period | $1,000 per month for months 4-12, $1,250 for months 13-24, $1,500 for months 25-36 and $1,750 from month 37 for the rest of the term, due on the 1st. Payment by credit card or PayPal adds 3% (note 1). (Item 6, PDF p. 12) |
| Ad Fund Contribution | 1% of Gross Sales | Every period | 1% of Gross Sales, due monthly; may be increased up to 3% of Gross Sales. (Item 6, PDF p. 13) |
| On-Site Consulting Fees | Varies | When it applies | $75 per day plus travel, lodging and meals; certain pre-opening consultations are included in the franchise fee. (Item 6, PDF p. 13) |
| Successor Agreement Fee | $2,500 | When it applies | $2,500 at least six months before a successor term. (Item 6, PDF p. 13) |
| Relocation Fee | $2,500 | When it applies | $2,500 on approval of a relocation. (Item 6, PDF p. 13) |
| Transfer/Assignment Fee | $15,000 | When it applies | $15,000 when you request a transfer; no charge for a one-time transfer to an entity you control, and refundable less expenses if the transfer is not approved (note 3). (Item 6, PDF p. 13) |
| Interest | Varies | When it applies | 18% per year, or the highest legal rate if less, on late payments. (Item 6, PDF p. 13) |
| Late Fee | Varies | When it applies | $50 per day plus a one-time $125 per incident. (Item 6, PDF p. 13) |
| Liquidated Damages Upon Breach of Restrictive Covenant | Varies | When it applies | $20,000 plus 10% of total sales for each site operated in breach (note 5). (Item 6, PDF p. 13) |
| Local Advertising | 3% of Gross Sales | Every period | You must spend at least 3% of Gross Sales per month on approved local advertising, paid to your vendors (note 6). (Item 6, PDF p. 13) |
| Interim Operating Fee | Varies | When it applies | Up to $5,000 per month if you abandon or fail to operate the salon. (Item 6, PDF p. 14) |
| Arbitration Costs | Varies | When it applies | Paid by the non-prevailing party as the arbitrator decides. (Item 6, PDF p. 14) |
| Additional Training | Varies | When it applies | $125 per hour; required training and conventions can take up to five days a year (note 7). (Item 6, PDF p. 14) |
| Annual or Every 2 Years Conference | Varies | When it applies | $750 to $1,750 per person; the franchisee and salon manager must attend, plus food, travel and lodging. (Item 6, PDF p. 14) |
| Costs and Attorneys' Fees | Varies | When it applies | Due when you do not comply with the Franchise Agreement. (Item 6, PDF p. 14) |
| Liquidated Damages Upon Termination | Varies | When it applies | The then-current monthly Royalty Fee times the greater of 24 or the months left in the term, if terminated for cause (note 8). (Item 6, PDF p. 14) |
| Audit or Inspection Cost | Varies | When it applies | Audit cost and professional fees if a discrepancy of 5% or more, or an underpayment of 2% or more, is found. (Item 6, PDF p. 14) |
| Monthly Software Fee | $165 per month | Every period | $165 per month paid to the hosting company, including the loyalty and rewards program (note 9). (Item 6, PDF p. 14) |
| Monthly Media Player Fee | $35 – $45 per month | Every period | $35 to $45 per month paid to a third-party vendor. (Item 6, PDF p. 14) |
| Loyalty/Rewards Program | Varies | When it applies | $0; included in the monthly software fee. (Item 6, PDF p. 14) |
| Remodeling, Refurbishment, New Equipment and/or New Furniture | Varies | When it applies | Not more than $25,000 in a five-year period, requested no more often than every five years. (Item 6, PDF p. 15) |
Explore annual fees and payback assumptions
This fee schedule cannot be reduced to the calculator’s simple sales-based formula. Enter your own assumptions and check them against the Item 6 terms.
Sharkey's Cuts for Kids startup investment and modeled fees over 10 years
A source check placed this record on review hold. Automatic fee estimates are withheld until the outstanding issues are resolved. Item 6 sets a fixed monthly royalty that starts in month 4 and steps up from $1,000 to $1,750 a month from month 37 for the rest of the term. Because the amount depends on how long the salon has been open, this record does not produce an annual fee estimate or payback preset. See the fee amounts and definitions in Item 6 above. Open the calculator with your own assumptions.
Item 20: Sharkey's Cuts for Kids franchised outlet history
Source: Sharkey's Cuts for Kids 2026 FDD, Item 20, PDF p. 58.
Item 20 Table 3 reports 200 franchised outlets at the end of 2025. The company-owned table reports a further 1 outlets.
| Year | Franchised at Start | Opened | Reported Exits | At End | Franchise Exit Rate (%) |
|---|---|---|---|---|---|
| 2023 | 119 | 26 | 4 | 141 | — |
| 2024 | 141 | 31 | 2 | 170 | — |
| 2025 | 170 | 37 | 7 | 200 | — |
Calculated outlet totals, net growth and exit rates are withheld because this record has not cleared the current Item 20 source checks. The table retains the outlet counts printed in Item 20. Read the unresolved source issues.
Reported exits include terminations, non-renewals, franchisor reacquisitions and other cessations. A reacquired outlet may continue operating. How we calculate the exit rate. How to read the Item 20 outlet tables.
15 units changed owners in 2025.
Item 20 Table 3 totals (PDF page 58) match Table 1 (PDF page 53) and the company-owned Table 4 (PDF page 58); the one salon reacquired in 2024 appears in both. Table 5 (PDF page 59) lists 95 franchise agreements signed but not opened and 53 projected franchised openings for 2026.
How much do Sharkey's Cuts for Kids franchise owners make? (Item 19)
Source: Sharkey's Cuts for Kids 2026 FDD, Item 19, PDF p. 52.
Item 19 of the 2026 FDD reports average Total Revenue, franchised salons open 7 days a week (Table 4) of $329,514 (2025 calendar year, 96 franchised salons open 7 days a week and at least 12 months at December 31, 2025; the listed salons in Tables 1-A to 1-D average $330,238.61). Sharkey's Cuts for Kids’s Item 19 reports sales but no profit, costs or owner pay. Rent, payroll, supplies, loan payments and Item 6 fees come out of sales before an owner is paid, so these figures cannot show what an owner earns.
Read the source-review hold before using this figure.
See every Sharkey's Cuts for Kids Item 19 figure, with its period and sample.
Payback calculator (enter your own assumptions) Check any inputs against this record’s Item 7 startup costs and Item 6 fee rules.
How to interpret Sharkey's Cuts for Kids’s Item 19 figures and sample limits.
How long is the Sharkey's Cuts for Kids franchise agreement term?
Source: Sharkey's Cuts for Kids 2026 FDD, Item 17, PDF p. 38.
The standard Sharkey's Cuts for Kids franchise agreement runs 10 years, with renewal terms of 5 years.
Item 17 (PDF pages 38-39): 10 years from the date of the Franchise Agreement, with a 5-year successor agreement if you are in good standing, unless the franchisor withdraws from the area. You must give 90 to 180 days' notice, update the salon, sign the then-current agreement and a release, and pay the successor fee.
How long does it take to open a Sharkey's Cuts for Kids franchise? (Item 11)
Source: Sharkey's Cuts for Kids 2026 FDD, Item 11, PDF p. 31.
Item 11 of the 2026 FDD states the time from signing the Franchise Agreement to opening: approximately six to ten months.
Franchises with a similar investment range
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Sources
Sharkey's Cuts for Kids Franchise Disclosure Document, issued April 20, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.
- Item 5: cited PDF p. 11
- Item 6: cited PDF p. 12
- Item 7: cited PDF p. 16
- Item 19: cited PDF p. 43
- Item 20: cited PDF p. 58
- Agreement term (Item 17): cited PDF p. 38
Page references for Sharkey's Cuts for Kids use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.
If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.
Document & verification changelog
- November 3, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued April 20, 2026).
- November 2, 2026: Source review hold recorded. Unresolved corrections are listed in this source section.
- November 2, 2026: Provisional publication approved per owner directive: Owner directed on November 2, 2026 that every remaining batch 6 brand go live, including brands whose FDDs print conflicting figures. Each record was rechecked against its FDD on November 3, 2026; the unresolved source conflicts remain disclosed and the record is not marked verified.
- November 2, 2026: Checked against the April 20, 2026 Minnesota FDD: Items 5, 6, 7, 11, 17, 19 and 20. Item 6 now lists all 21 rows (the draft had 6), with the stepped royalty recorded in a model note and the 3% local advertising minimum added. Item 7 now names the A Package format, omits the B Package (its lines do not match its total) and moves multi-unit packs to notes. Corrected the six-day Item 19 sample from 63 to 59 salons. Held for a source review because Item 19's printed averages do not match its salon listing. Rewrote the analysis.