My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Fantastic Sams Cut & Color
#418 Franchise 500| Hair salons

Fantastic Sams Cut & Color
Hair salons

About
Founded

1974

Franchising Since

1976 (42 Years)

Corporate Address

500 Cummings Center, #1100
Beverly, MA 01915

CEO

Linda Chadwick

Parent Company

Dessange Group North America

Financial Requirements
Initial Investment

$145,362 - $317,006

Net-worth Requirement

$300,000

Liquid Cash Requirement

$70,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

$142/wk.

Financing Options

Fantastic Sams Cut & Color has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

25% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

ongoing

Classroom Training:

32 hours

Additional Training:

At regional office

Number of Employees Required to Run:

8

Fantastic Sams Cut & Color is ranked #418 in the Franchise 500!
Bio
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 Canada. In addition to cuts, perms and coloring services, Fantastic Sams sells its own line of shampoos, conditioners and styling aids for men and women.
Cost
Initial Investment: Low - $145,362 High - $317,006
Units
-3.3%-36 UNITS (1 Year) -9.0%-104 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

More Women Are Entering Franchising -- and It's Changing the Industry

Women are buying franchises at a rate far faster than men. Now the industry is asking itself: Why?

To Compete Against Other Salons, Sports Clips Made It Easier for Franchisees to Run Their Businesses

It upgraded the point-of-sale systems at all 1,750 locations and introduced online check-in, a service popular with competitors.

The 7 Cheapest Franchises on the Entrepreneur Franchise 500 List

Seven inexpensive franchises you can buy for less than $5,000.

How Hardee's Shed Its Bikini-Centric Ad Strategy, and Cleverly Grew Up

The franchise is repositioning itself as forward-thinking.

Choosing a Hot Franchise May Leave You Cold

Ask yourself these diagnostic questions to find the franchise business that fits you best.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 20th, 2017