Question 1

Does Sharkey's Cuts for Kids franchise offer exclusive territory?

Accepted Answer

Sharkey's Cuts for Kids offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Sharkey's Cuts for Kids franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Sharkey's Cuts for Kids is 10 years. Franchisees may renew up to 999 times for 5-year periods. The total potential term is 5005 years.

Question 3

What is the non-compete clause for Sharkey's Cuts for Kids franchise?

Accepted Answer

The Sharkey's Cuts for Kids franchise non-compete clause extends for 3 years within a 50-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Sharkey's Cuts for Kids franchise?

Accepted Answer

Yes, Sharkey's Cuts for Kids allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $15,000 applies.