Shear Madness Franchising, LLC is offering franchises for the operation of a retail business that provides haircuts to children and sells hair care products, accessories, toys, manicures and pedicures.
Company Background
Shear Madness has been providing haircuts to children since 1987. We are a family-owned business that strives for complete customer satisfaction. Our goal is to provide quality haircuts for all ages and walks of life, with the best service possible at an affordable price.
Franchise Opportunity
Everyone wants to look their best, but getting a haircut is not always easy. The problem with most salons today is that they don't have enough staff to meet the demand of customers who want haircuts for children. That's why Shear Madness salon has built an innovative mobile app that allows people to get a haircut at home or work and schedule appointments in advance. We are also using our proprietary software called SalonSuite, which gives us access to customer data from our website and mobile apps so we can provide more personal service for every client. (We could use this here) Our solution is simple - we make it easier than ever before for parents everywhere to take care of their kids' hair by offering salon quality haircuts in the comfort of your own home or office! With Shear Madness you can book appointments online, manage your account 24/7, receive reminders about upcoming visits and pay securely via credit card when you arrive at
Corporate Structure
Shear Madness, Inc., a Kansas corporation (“SMI”), formed on May 9, 1997, is our predecessor and affiliate. SMI commenced operation of the first SHEAR MADNESS Salon in June of 1997. It’s A Mad, Mad Franchise, LLC, a Kansas limited liability company (“MMF”), formed on December 12, 2004, is also our predecessor and affiliate, In April of 2015, SMI entered into an agreement with Take Luck, Inc. (“TL”), a Kansas corporation, to acquire ownership of the original Shear Madness salon located in Olathe Kansas, the principal office address of SMI and MMF is 14975 West 119th, Olathe, Kansas,66062. JOTTO Investments, LLC formed in March of 2013 is an affiliated company and owns the Shear Madness franchise location in Lees Summit, MO. Vanguard Partners, LLC, formed in 2017 is also an affiliate Company and owns a franchised location in Kansas City, MO
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
This franchise's rate of attrition in 2023
of 0.00%
was
Higher
than the 0% in the Child-Related industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Employee Contact Database
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Franchise Disclosure Documents
FDD
Effective Date
Shear Madness Haircuts for Kids Franchise System Development in 2021
FAQ
How much investment do I need to start my own Shear Madness Haircuts for Kids business?
Franchisees typically require at least
$154,700 to
$362,274 investment to get their
Shear Madness Haircuts for Kids business started
What are the initial franchise fees for Shear Madness Haircuts for Kids?
Franchisees typically need to pay at least
$36,000 in fees directly to
Shear Madness Haircuts for Kids in order to earn the right to launch their business
How much money can I make with a Shear Madness Haircuts for Kids franchise? What are
the average revenues for a typical Shear Madness Haircuts for Kids business?
We estimate that the average revenue of an individual
Shear Madness Haircuts for Kids unit is approximately
$326,715. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Shear Madness Haircuts for Kids unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
6 /10
The Franchisor's investment costs ranges from
$154,700 to $362,274
which is
Much Lower
than the $431,446 to $993,870 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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