The total ongoing fee rate for a Sharkey's Cuts for Kids franchise is approximately 1.0% of gross sales (2025 FDD). This includes the royalty fee, a 1.0% marketing/advertising fund contribution, a $165/month technology fee, and other recurring charges.

Sharkey's Cuts for Kids has been involved in 2 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.

No, the Sharkey's Cuts for Kids franchisor has no bankruptcy filings in their disclosure history (2025 FDD).

Sharkey's Cuts for Kids offers exclusive territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.

Sharkey's Cuts for Kids currently operates 172 locations (2025 FDD) (170 franchised, 2 company-owned). The system grew by 21.1% over the past year. The 3-year compound annual growth rate is 12.8%.

The 1-year franchisee turnover rate for Sharkey's Cuts for Kids is 4.6% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

According to the Sharkey's Cuts for Kids FDD Item 19 financial performance representation (2025 FDD), the median gross sales per unit is $419K (average: $440K).

The initial franchise agreement term for Sharkey's Cuts for Kids is 10 years (2025 FDD). Franchisees can renew 999 times for 5-year periods. The total potential term is 5005 years.

Sharkey's Cuts for Kids's post-termination non-compete clause restricts former franchisees from operating a competing business for 3 years within 50 miles of the former location (2025 FDD).

Yes, Sharkey's Cuts for Kids's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.

Sharkey's Cuts for Kids provides 24 hours of initial training over approximately 1 weeks (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Yes, Sharkey's Cuts for Kids provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.