Franchise Deep Dive: Shear Madness Haircuts for Kids Franchise Costs, Fees, Profit and Data

LAST UPDATED: February 2024

FRANCHISE WEBSITE: https://franchise.shearmadnesskids.com/ 

NUMBER OF LOCATIONS: 13

REPORTED COST TO GET IN: $131,862 to $302,562

REPORTED ROI (Item 19): N/A

Shear Madness Haircuts for Kids is a full-service salon franchise specifically designed for children, providing haircuts, parties, a boutique and other related services. The franchise prides itself on accommodating the various needs of children and focuses, first and foremost, on making the haircutting experience fun and engaging for kids. 

How Many Shear Madness Haircuts for Kids Locations Are There?

Shear Madness was founded in 1997 by Paula Thurman. Today, there are 13 locations across seven states, with more in development. 

What Is the Shear Madness Haircuts for Kids Business Model?

Shear Madness emphasizes making every child feel special and comfortable. The brand caters to various needs, whether it's a child's first haircut, a child with special needs, or a child who’s just nervous about haircuts in general. The franchise prides itself on creating a vibrant environment filled with distractions such as video games, movies, toys, and more to make the haircutting experience enjoyable.

Safety is also a priority for the franchise. It uses professional and sterilized equipment for all services and ensures that its stylists are trained to provide the best service to each child. Additionally, Shear Madness offers a range of hair-care products and toys designed specifically for children.

Other key aspects of the model include:

Comprehensive Training: Shear Madness offers a hybrid of in-person and online training, catering to different schedules and providing ease of access.

True Partners: The leadership of Shear Madness is hands-on with full owning experience, providing advice and support to franchisees.

Diverse Services: While haircuts are the primary service, Shear Madness also offers additional revenue streams and positive customer experiences through services like birthday parties, ear piercings, and a full toy store.

Marketing Support: Shear Madness provides strong marketing support including advertising materials, social media strategies, and promotional campaigns to help franchisees attract and retain customers.

Support for Franchisees: Shear Madness offers support in a variety of areas, including demographics for success, assistance with contractors and design, initial retail ordering, training, marketing support, and access to resources through an intranet site.

How Much Can Shear Madness Haircuts for Kids Franchise Owners Make?

Shear Madness notes that the potential earnings from owning a franchise vary and depend on various factors such as location, marketing strategies, staff, opening time, operational efficiency, adherence to the franchisor's system, and more. The Franchise Disclosure Document (FDD) contains financial information such as revenue numbers for over half of the locations, individual income figures, and other details that can provide estimates but, ultimately, actual results may differ.

How Much Does It Cost to Open a Shear Madness Haircuts for Kids Franchise?

The initial investment required to open a Shear Madness franchise ranges from $131,862 to $302,562. Below is a breakdown of the associated costs. 

• Initial Franchise Fee: $25,000
• Leasehold Improvements: $0-$111,000
• Signs, Equipment, Fixtures, Furniture and Supplies: $49,562-$63,562
• Computer and Technology System: $9,000
• Opening Inventory: $18,000-$25,000

What Is the Franchise Fee for Shear Madness Haircuts for Kids?

The franchise fee is $25,000. 

Who Are the Leaders of Shear Madness Haircuts for Kids?

• Paula Thurman - Founder, President and Chief Operating Officer
• Janon Otto - CEO
• Jim Otto - Director of Franchising 
• Leann King - Corporate Trainer 

What Helpful Articles Can I Read to Learn More?

• Start a Shear Madness Haircuts for Kids Franchise in 2024
• Shear Madness Haircuts for Kids Analysis
• Meet Seven of Our Franchise Owners!
• Why Knowing Your Local Market Is Essential: 3 steps to increase your odds of finding a great location!
• The Top Four Traits of Successful Franchisee Owners
   

Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves. 

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Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.

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