Fantastic Sams Hair Salons

Founded: 1974 Franchising since: 1976
Sam M. Ross started Fantastic Sams in July 1974, and the company began franchising in 1976, marketing its "fixed fee" system and "no appointment necessary" concept. The franchisor has full-service, family hair-care salons throughout the U.S. and internationally. In addition to cuts, perms and coloring services, Fantastic Sams sells its own line of shampoos, conditioners, styling aids and color treatments.

50 Dunham Rd., 3rd Fl. Beverly, Massachusetts 01915

Phone: (877)383-3831/ (978)232-5600

Franchisor is a privately-held company with 30 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	1308	12	0	0
2008	1,343	12	0	0
2007	1,371	12	15	0
2006	1,366	12	15	0
2005	1,345	10	19	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Varies

Total investment: $118K-230.8K Franchise fee: $30K

Ongoing royalty fee: Varies Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $60K
Business Experience:

• General business experience

Operations

• 30% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 8
• Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

Training

• Available at headquarters: 1 week
• At franchisee's location: Ongoing
• At regional office : 1 week

Ongoing Support

• Newsletter
• Meetings
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• Turnkey marketing by target groups, in-salon graphics & promotional pieces

Franchise 500® rank:
#142 (2009); #52 (2008); #39 (2007); #45 (2006); #38 (2005);

Fastest-Growing Franchises:
#83 (2006);

America's Top Global Franchises:
#110 (2009); #58 (2008); #41 (2007); #43 (2006); #43 (2005);