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Franchise Picks
Fantastic Sams
 

FANTASTIC SAMS is one of the world's largest full-service hair care franchises, with nearly 1,300 salons in North America. Our full service salons offer quality hair care services for the entire family, including cuts, textures and color. When you join the FANTASTIC SAMS family of franchisees, you'll receive both local and national support through on-going management training, educational programs and national conferences, as well as advertising and other benefits. No hair care experience required.

Franchisor Background

Year Established:

  1974

Franchising Since:

  1976

Operating Units:

Franchised Units:1,278 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:1,278 100%  
 

Geographic Distribution:

U.S.:1,270 99.4% In 44 States
Canada:8 0.6% In 1 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:1,278 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California223
2. Florida106
3. Minnesota102

Registered in Following Registration States:

   California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$60K
Total Investment:$115-228.6K
Average Total Investment:$172K
 

Fees:

Initial Franchise Fee:$25-35K
Average Franchise Fee:$30K
On-Going Royalty:Varies by Region
Average Royalty:0%
Advertising Fee:Varies by Region

Average Number of Employees:

   8 Full-time, 0 Part-time

Space Needs (in square footage):

   1,200

Preferred Sites:

   Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:40
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Not Applicable
 

Training:

1. Salon Fundamentals Class5 Days
2. RegionOn-Going
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:1
Formal Education:4
Psychological Profile:1
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:15
Asian-American:90
Hispanic:50
Native American:0
Other:100
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   50
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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