13425 W. 128th Street Overland Park, Kansas 66213
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
Not Available
1 Ongoing Lawsuits
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Franchimp Summary Rating
6/10
Earning Transparency
7/10
Investment Accessibility
5/10
$326,715 / unit
Average Revenue During 2021Child-Related
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Upfront Franchise Fees
Minimum: $36,000 Maximum: $36,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $154,700 Maximum: $362,274
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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