Fantastic Sams

Overview

Website: www.Fantasticsams.com

Franchise Fee: $40,000

Royalties: 6% (first 26 weeks $150., Remain

Cash Investment: $50,000

Total Investment: $171,500 - $462,000

Net Worth: $300,000

VetFran: No

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: Yes

Additional Details

With close to 600 locations in the U.S. and Canada, Fantastic Sams is a national, full-service
salon brand, offering cuts, color, texture, facial waxing and styling services. We also have a full
line of Proprietary Products for men and women, including various shampoos, conditioners, and
styling products. The variety of services and products means greater opportunity for higher
revenue. We have the industry leading CHI Color Factory machine that eliminates most color
mixing errors, eliminating the need for a separate "colorist" on staff.
The franchisee does not have to be a licensed cosmetologist, the Manager does. The franchisee
is focused on the business of the salon. The owner will manage a salon manager who runs the
day-to-day operations of the salon. The franchisee is focused on marketing/driving guest
counts and revenue, back office duties (accounts payable, scheduling, payroll and salon
profitability.
Recession-resistant business; straightforward business model; easily scalable for growth;
multi-unit ownership is strongly encouraged. Industry leading initial and on-going training
support.
We have site selection, LOI and Lease support. We welcome conversions and use F.C. Dadson
for Construction Services, a "Salon in a Box", turnkey construction from space plan,
architectural, permitting, bidding, to full build-out supervised for the franchisee.
Minimum Market Size: 40,000
Salon Size: 1,000-1,200 sq ft
WHY Fantastic Sams?
Celebrating 50th Anniversary 2024
Original No Appointment Necessary Salon Chain
Gold Standard Training and Support
OUR IDEAL FRANCHISEE
Desire to be Successful, willing to follow policy
Customer Service Focused
Employee Relations and passionate about developing others
AVAILABLE MARKETS
US markets available: All States EXCEPT Maryland
HOT Regions/Desirable: AZ, CA, FL (south), GA, IA, IL, LA, MI, MA, MN, MS, NC, NV, NY, SC, TX, UT, VA
NOT available: MD, Quebec
Available in Canada: Yes
International Referrals: No
BACKGROUND
Year founded: 1974
Year Franchised: 1976
Number of franchises currently operating: 585
Number of International franchises currently operating: 4
Number of corporate owned franchises: 0
Home Based: No
Absentee ownership available: No
Semi-Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: Yes
Average number of employees required: 6 - 8
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $40,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: $171,500 - $462,000
Net worth requirement: $300,000
Royalty: 6% (first 26 weeks $150., Remainder of term $250 or 6% whichever is greater)
Additional fees: Technology: $150 yr, Networking Fee $150 yr, Nat'l Marketing $146.49
Financial assistance available: No
VetFran program: No
Veterans/Minorities/First Responders Discount? Yes, 25% for Veterans with DD-214 Form
SUPPORT & TRAINING PROVIDED
Training and support program details:
New Owner Onboarding 14-28 hours in person classroom, or virtual
Salon Fundamentals 14-28 hours in person classroom or virtual
Cost for Training: Included
Lodging and airfare included: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Mentor following training: No
Length of mentoring Franchisee: N/A
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Why Fantastic Sams?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1974

Year Franchised: 1976

Home Based: No

Financial Details

Franchise Fee:$40,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $171,500 - $462,000
Net Worth Requirement:$300,000
Royalty:6% (first 26 weeks $150., Remain
VetFran Program:No

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: