Fantastic Sams® Hair Salons Ranked in the 2009 Top 200 Franchise Systems by Franchise Times

Posted on January 26, 2010 by Suzanne Musial

BEVERLY, MA - Fantastic Sams, the leading full service hair salon franchise with over 1300 salons, was ranked 144th for worldwide sales and 60th for total units in the Franchise Times annual ranking of the nation's largest franchise systems by total sales.

When you take into account that there are over 3000 franchise companies in operation, it means that Fantastic Sams ranks in the top 10% of all franchise companies. This is the tenth consecutive year that Fantastic Sams was included in the Top 200 Franchises study. Additionally, Fantastic Sams has the most full service franchised hair salon locations in the nation.

According to Franchise Times, the Top 200 franchise systems collectively demonstrated a remarkable ability to withstand the economic turmoil of the last year. Overall, the ranked franchise systems grew their business by over 7% compared to the prior year.

"We are excited to be included in this important study every year", commented Scott Colabuono, President of Fantastic Sams. "The salon business continues to thrive and as a full service, high quality, value priced salon brand, Fantastic Sams is well-positioned for a slow economy"

Franchisees are attracted to Fantastic Sams for many reasons, including its simple business model and flat fee royalty structure. Fantastic Sams hair salon 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 keeping engaged in the business.

ABOUT FANTASTIC SAMS

With over 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.

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