Fantastic Sams
Yes, we actively support the inclusion and development of minority-owned franchises in the Fantastic Sams system.
Fantastic Sams
50 Dunham Rd.
Beverly, MA 01915
800#:
Tel: (978) 232-5600 +5626
Fax: (978) 232-5601
E-mail: sales@fantasticsams.com
Web Site: www.fantasticsams.com
Contact: Ms. Cindy Gaudette, Project Coord., Franchise Devel.
FANTASTIC SAMS is one of the largest full-service hair care franchise, with over 1,400 salons worldwide. Our full service salons offer quality hair care services for the entire family, including cuts, perms 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
Established: 1974
First Franchise: 1976
Franchise Units: 1404
Company-Owned Units: 0
Total Units: 1404
Distribution:
> North America -- Operations in 43 States, 4 Provinces
> States/Provinces with Greatest Density: 221 in CA, 102 in FL, 99 MI
Units Owned by Minorities:
>African-American: 0.5%
>Hispanic: 0.5%
>Asian-American: 3%
>Native American: 0
>Other:
Average Number of Employees: 8 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $50K
Total Investment: $88-212K
Average Total Investment: $180K
Minimum Net Worth: $300K
Fees
>Franchise: $25-30K
>Average Franchise Fee: $27K
>Royalty: Varies/Region
>Advertising: Varies/Reg.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements:Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 40
On-Going Support: c,d,E,F,H (for an explanation click here)
Training: 5 Day Salon Fundamentals Class; On-Going within Region.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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