Fantastic Sams Receives Top Rankings in Entrepreneur Magazine's 2007 Franchise 500™

Posted on January 08, 2007 by Ginger Watford

Fantastic Sams Ranked 39th out of 500; Top 10% of Best Franchises

Fantastic Sams, one of the largest full-service hair care franchises in the world, was recently ranked #39 out of 500 by Entrepreneur Magazine in its annual Franchise 500 listing, placing the salon chain in the top 10% of all ranked franchises.

Entrepreneur’s Franchise 500 is widely considered the best and most comprehensive rating of franchises in the world. It uses a complex formula to identify today’s top franchise opportunities. The factors considered in the ranking include financial strength, stability, growth rate and size of the franchise system.

Consistently ranked by Entrepreneur Magazine as #1 and #2 in the hair care category since 2000, Fantastic Sams ranked #38 in 2005, #45 in 2006 and now #39 in 2007 overall. Fantastic Sams has also been voted as one of the top 100 Fastest Growing Franchises by Entrepreneur Magazine. In addition, Fantastic Sams was recently announced as one of the top 30 Hot Franchises by Black Enterprise Magazine.

“We’ve always been a leader in the beauty franchise industry, and to be consistently recognized by such an esteemed publication for our accomplishments is truly an honor,” says Scott Colabuono, President and CEO of Fantastic Sams. “We continue to take the lead in the franchise industry and are dedicated to providing the support new owners need in order to be successful as Fantastic Sams continues to flourish into 2007,” Colabuono added.

With nearly 1400 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. Opening their first salon in July 1974, Fantastic Sams began franchising in 1976, marketing their “fixed fee” system and “no appointments” necessary concept to entrepreneurs seeking to own and operate their own successful business.