Look how far we have come in just 15 years!
And we are still having fun!!
Children's Franchise Industry Keeps Growing
-by Ed Teixeira
The old adage in business that "People will always spend money on kids and pets" is as true today as ever, especially when it comes to franchises geared to children. We reviewed children’s franchise programs over the past three years. The growth in the number of locations was strong in spite of the "Great Recession". In addition, approximately 20% of children’s franchises started after 2008 with a number of them having been in business for more than 5 years. This can be considered an indication of just how popular this franchise segment is.
2014 - Children's Services Report
- by Jeff Lefler, founder and CEO of FranchiseGrade
The children's services franchise sector is one of the fastest growing sectors within the franchise industry. From our Sample of 106 children's services franchise systems, this sector has seen franchised outlets increase by 12.1% since 2010. Children's services franchises are growing at more than three times the franchise industry average to 9,105 outlets in 2013. A variety of businesses provide services to children under the umbrella of Children’s Services franchises.
Why Children's Franchises Have Strong Growth
by Ed Teixeira, Franchise KnowHow
The Increase in the number of locations for all children's franchises averaged almost 8% growth over the past three years!
"Relationship Selling Inevitably Leads to Higher Productivity and High Profitability", says CEO - Scott Sharkey
Sharkey's Cuts for Kids
Business is all about "Hugging Your Customers", says CEO Scott Sharkey
Our vision is that anyone that becomes a customer of our salons enters an enduring relationship with us. He or she instantly becomes our friend. That's our motto: "Once a customer, always a friend." It's been that way since the day the doors opened, and it will always be that way. It's clear to me that customers are thirsting for relationship-driven companies. They want to be coddled. They like it when they are smiled at. They appreciate thank-you notes. And great employees want to work for relationship-driven companies. Those companies are more successful because relationship selling inevitably leads to higher productivity and high profitability. In a relationship-driven company, it's a lot more fun to go to work in the morning. And we want to have fun!
Thank you for your continued business!
-- Scott Sharkey - CEO
Sharkey's Cuts for Kids
Newsletter No. 417
Sharkey's Franchising Company is enjoying one of its best years in franchise history. While many industries are struggling and retailers going out of business, Sharkey's Cuts for Kids & Sharkey's Hair It Is continues to be in full expansion mode with sales growing throughout the United States, Canada, & Europe, and existing franchisees opening and adding additional units to their current portfolio of Sharkey's salons. With very little competition in most markets, if any.
Full expansion mode for Sharkey's
Strong store sales in the United States for Sharkey's Cuts for Kids along with our new family salon Sharkey's Hair It Is has opened up a number of new markets for Sharkey's. Our Cuts for Kids model will be expanding its openings to a number of new locations during Q4/2015 in the US, with additional openings taking place in Canada, Europe, and the Middle East. Sharkey's #1 market continues to be the United States, with new openings for Sharkey's Cuts for Kids & Sharkey's Hair It Is coming to Texas, Arizona, North Carolina, Kentucky, Nevada, Washington, Virginia, Florida, and California. Sharkey's 2016 expansion plans include South America, India, and Japan.