Franchise and Business Opportunities Articles

Leading full-service hair salon franchise ranked in the top 10% in annual survey.

Beverly, MA - December 10, 2009 - Fantastic Sams, the largest full-service hair salon franchise in the U.S. with nearly 1300 salons, was recognized by Entrepreneur Media in their annual ranking of the best franchise opportunities. With an overall ranking of 39, Fantastic Sams ranks in the top 10% of all franchise opportunities, and is the highest ranked full-service hair salon franchise. This year's results continue a trend of Fantastic Sams being ranked as one of the top 50 franchise opportunities in 5 of the last 7 years.

Entrepreneur has been conducting the Franchise 500 survey for 31 years. In determining its rankings, they evaluate each company's financial strength and stability, growth rate, size of system, years in business and franchising and percentage of unit closings. This year over 700 franchise companies were evaluated in the study.

"We are proud to once again be recognized and included in this prestigious survey. We strive each day to provide our franchise owners with a strong business model and the validation our system receives through inclusion in the Entrepreneur 500 ranking is a testament to the hard work of our franchise partners." commented Jeff Sturgis, Vice President, Franchise Sales & Development for Fantastic Sams.

Already a prominent player in the $59 billion hair salon industry, Fantastic Sams offers a full range of hair salon services catering to men, women and children of all ages. Guests at any Fantastic Sams can expect full-service treatment from a professional team of stylists who are up-to-date on the latest trends and fashions. Fantastic Sams' franchise owners don't typically work in their salon full-time and often have corporate management experience, not direct salon industry experience. Success criteria for Fantastic Sams' owners include strong management ability, leadership skills and the ability to stay engaged in the business.

ABOUT FANTASTIC SAMS

With nearly 1,300 salons located throughout North America, Fantastic Sams is one of the world's largest full-service hair care franchises with an excellent reputation for providing quality hair care services for the entire family. Fantastic Sams has been consistently ranked as one of the top franchise opportunities by Entrepreneur Magazine, Franchise Times and Bonds.