Fantastic Sams Claimed
Fantastic Sams Franchise For Sale
For 50 years now, Fantastic Sams® has been the salon of choice, providing an array of services suitable for everyone at affordable prices. We are the first nationally franchised unisex salon, and we’ve been growing since 1976. Now, our New Image Salon brings style and beauty back to the affordable salon experience, and entrepreneurs across the country are introducing a new generation of loyal customers to our iconic brand. Each Salon accepts Walk-In’s and Appointments.
With close to 600 locations in North America, 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”.
Franchise Background
Franchised Units: Close to 600
Company Owned Units: 0
States Registered In: All USA except Maryland
Financial Terms
Minimum Net Worth: $300,000
Franchise Fee: $30,000 (single)
3 Pack $60,000
5 Pack $70,000
Royalty: 6% of gross sales
Ad: $146.49 / week
Average Number of Employees: 6-8
Passive Ownership: NO
Semi-Passive Ownership: YES, manage the manager(s)
Home Based: NO
B2B: NO
Master Franchise Opportunities: NO
Veteran Discount: YES, 25% off initial franchise fee ($7,500 off)
Support & Training
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: New Owner On boarding, Salon Fundamentals, on-going local training for owners, managers and stylists.
Other Info: Fantastic Sams is a member of the IFA.
Ideal Candidate
1.Desire to be successful
2. Has an entrepreneurial spirit, embrace continuous improvement, innovation and critical questioning
3. Understands and embraces taking the right calculated risk to improve and drive the business
2.Willingness to follow the proven system that works. When our owners and teams follow the process, they are successful.
3.Have experience in team building and employee relations in the end this is a people business that are connected through culture that is built in the salon
4.Understand trends, consumer behaviors and uses this information to promote the success of the company
5.Posses basic business accumen. Understands the balance costs while overseeing operations and help employees reach their productivity levels.
6.Ultimately a willingness to learn and be involved in the business
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