Hair salon franchise is affordable to start, simple to grow
Fantastic Sams is affordable to start and simple to expand. Our long track record of success has attracted bank partners who have set aside funds to help franchisees start and expand their businesses. Our “manage the manager” business model makes it easy to own multiple locations. Training resources help employees build their skills, which expands their earning potential and the earning potential of franchisees by enabling high-end salon services. Here’s a quick glance at the cost to get started.
- Liquid Capital Required
- $100,000 (single salon)
- Net Worth Required
- $500,000 (single salon)
- Total Investment
- $144,862 to $316,006
- Franchise Fee (single salon)
- Franchise Fee (3, 5 salons)
- $50,000, $70,000
- Business Type
- Financial Assistance
- Yes, Preferred Lending Program
I never thought I’d own a hair salon. It was the furthest thing from my mind. But it made total sense, especially from an affordability standpoint. As it turned out, I didn’t really need to have experience in the hair and beauty field. It probably would have helped me if I had, but it wasn’t necessary.
Many markets are available across the United States
Fantastic Sams offers the stability of a hair salon franchise that’s been in business for four decades with the appeal of available territories nationwide. Our simple, scalable business model and flexible salon footprint work anywhere from small towns to large cities.
With nearly 1,100 locations across the country, we have instant brand-name recognition, making this an ideal time to expand into new territories. Reliable, affordable full-service salons are always in demand.
Why the salon franchise business is recession-resistant
Since Fantastic Sams first started franchising in 1976, the United States has experienced five recessions, according to the National Bureau of Economic Research. Many of our franchisees are 20- and 30-year veterans whose Fantastic Sams thrived through all of them. During tough economic times, clients who normally frequent high-end salons might look for something more affordable. So while some salons’ business might drop off in a down economy, many of our franchisees experience an influx of new customers.
Among our awards:
- Entrepreneur magazine – Franchise 500, 2017.
- Franchise Times – Top 200, 2016.
- Franchise Gator – Top 100 Franchise List.