Fantastic Sams Hair Salons
The salon and hair-care industry is a $75-billion-a-year industry that’s growing by 8% a year. Within that industry, you’d be hard-pressed to find a more stable salon franchise chain than Fantastic Sams, which is the oldest full-service unisex salon franchise in the nation and has grown to more than 1,100 units over the past 40 years.
What Does a Fantastic Sams Hair Salons Franchise Cost?
To buy a franchise with Fantastic Sams Hair Salons, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $300,000. Franchisees can expect to make a total investment of $144,862 - $316,006. They also offer financing via 3rd party. *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $300,000 What is Net Worth? |
| Total Investment: | $144,862 - $316,006 What does Total Investment mean? |
Options
Options available to Franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
Franchisor Details
Facts about this Franchise:
| Industry: | Salon |
|---|---|
| Total Units: | 1155 |
| Year Founded: | 1974 |
| Home Office: | Beverly, MA |
Fantastic Sams is a great alternative to costly, high-end salons. We set up shop in neighborhood shopping centers near where people live, we keep convenient hours, we accept walk-ins and we offer services for men, women and children. We offer families a one-stop family shop, which fosters intense customer loyalty. Four decades later we’re still growing strong with our trend-right salons.
Fantastic Sams has remained relevant because we specialize in offering affordable options for what full-service beauty salon customers seek.
Franchisee Benefits
- A recognized and beloved national brand
- The security of a large, trend-setting organization
- The support of a well-resourced chain
Franchisee Rich Tonet:
“Owning a Fantastic Sams is an entrepreneur’s dream," says franchisee Rick, who has four salons in the Pittsburgh area. “They are not in your face every day. It’s like: ‘Here’s everything you need. If you need help, we’re there for you.’ And I like that.”
A Resilient and Growing Industry
Fantastic Sams operates in the middle of the target of a high-growth but still mature $75-billion-a-year salon industry. Hair Salons are big business, especially salons that offer color services in addition to haircuts.
Regardless of the economy, people always need haircuts. Older women want to look younger. Younger women want to look more sophisticated. Everyone wants to look good. Multibillion-dollar industries don’t just go away.
Salon services can’t be replaced by technology, either. You can’t stream them through the internet or outsource them to other countries, and they aren’t subject to a host of dangers and threats that other businesses experience.
Since Fantastic Sams began, the United States has experienced six recessions. Many of our franchisees are 20- and 30-year veterans whose Fantastic Sams thrived through all of them. During tough economic times, women who would normally visit high-end salons look for something more affordable, which is the heart of our sweet spot.
Awards and Memberships
Success Stories
“The guest service and training and development model that we have allows franchisees to come in and step into a full-service hair salon environment and be well-supported and stronger than what I’ve seen from competitors.” John Prichard, Minneapolis
“I think it’s recession-proof. Everybody needs haircuts. We offer family hair care at a mid-range price point. We are not going after the high-income folks, but I have stylists I’d put up against anybody...” Jerry Dalzell, Scottsdale, AZ
Ideal Candidate
We want to clear up a misconception about the salon franchise industry right away: You do NOT have to have any experience as a stylist or working in a salon to be a successful franchisee. You just need a head for business. The ideal candidate will have a business acumen with marketing and customer service focus and will embrace the franchise model and process.
Learn More Today
The Fantastic Sams brand you might remember from the 1970s was acquired in 2012 by Dessange International, a premium-luxury, multinational European beauty salon chain. Since then, we are growing, and we expect to double or triple our number of locations in the next five to 10 years. Now is a great time to research owning your own Fantastic Sams Hair Salons franchise.
Ready to Learn More?
We have more information on Fantastic Sams Hair Salons available today for you to review.
Speak To A Rep Now
To get more information on Fantastic Sams Hair Salons, please call Thomas Gibbs directly at (928) 715-7288.
Awards
Fantastic Sams Hair Salons has received the following awards and acknowledgements:
Availability
Fantastic Sams Hair Salons is currently accepting inquiries from the following states:
Wyoming, West Virginia, Wisconsin, Washington, Vermont, Virginia, Utah, Texas, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, New York, Nevada, New Mexico, New Jersey, New Hampshire, Nebraska, North Dakota, North Carolina, Montana, Mississippi, Missouri, Minnesota, Michigan, Maine, Maryland, Massachusetts, Louisiana, Kentucky, Kansas, Indiana, Illinois, Idaho, Iowa, Hawaii, Georgia, Florida, Delaware, Washington, D.C., Connecticut, Colorado, California, Arizona, Arkansas, Alabama, Alaska
Interested parties should have at least $50,000 in liquid capital to invest.