Fantastic Sams Franchise Owners Are Looking for YouMay 24, 2017
Throughout the country, hair salon franchise owners are seeking buyers for their thriving businesses
There are two ways to become the owner of your own business. You can open one from the ground up, or you can buy one that’s already open and running.
While both approaches have their benefits, for entrepreneurs looking to scale quickly, buying an existing Fantastic Sams franchise presents the opportunity to jump into an existing business with a brand identity, a customer base and, perhaps most importantly, a revenue stream. These salons present a unique opportunity for the right franchise partner to scale a salon operation quickly.
“We have identified salon owners across the country who own multiple units or single units, in big cities and small towns, who are looking to retire or move into other business endeavors,” says Jay Capperella, national sales director for Fantastic Sams. “New owners can come in, take advantage of The Bancorp Bank’s financing program, and remodel these franchises with the New Image. At the same time, they can also expand more rapidly by purchasing new licenses and adding additional units.”
Since 1976, Fantastic Sams has been a leader in the value salon space, with nearly 1,100 franchise locations in communities across the United States. Unlike discount haircut and budget salons, Fantastic Sams offers a full range of salon services, including haircuts and the latest styles, color services and waxing, which help generate higher ticket totals and profit margins. With initial investments beginning at just $145,362 for a new salon, Fantastic Sams is a remarkable opportunity to be a part of one of the leaders in the hair salon franchise industry.
Existing units have established the Fantastic Sams brand in the local market
“When you purchase an existing Fantastic Sams franchise location, you’re benefiting from an organization that has had a presence in the community for years, sometimes decades. This means people instantly recognize the business as a part of their community, and that’s a valuable asset”, Jay explains.
“Fantastic Sams is a company with a rich history of community involvement, and when you purchase an existing unit, that history is part of the value you’re investing in,” Jay says. “People are loyal to businesses that have been a part of the fabric of their lives for years, and they enjoy seeing those businesses thrive.”
Your business enjoys the dual benefits of an existing revenue stream and customer base, while it also remains a vibrant part of the local business community. This lays a solid foundation for revenue growth and future expansion.
Opening new units is easier and can happen quicker
Buying an existing salon provides you with the springboard you need to build new salons. Considering the position Fantastic Sams already enjoys in the community you’ve entered, when you open the next unit, people will notice.
“If they see a thriving business in one neighborhood and then another pops up, that’s the kind of awareness that advertising dollars can’t buy,” Jay says. “Success drives success, and pretty soon, when people think ‘it’s time for a haircut’ they think ‘Fantastic Sams.’”
It also means when new residents seek recommendations for a hair salon, the answer is often “Fantastic Sams.” If they’re looking for their kid’s first cut? “Fantastic Sams.” It’s almost impossible to overstate the value of an established brand in the local community.
Learn more about the Fantastic Sams hair franchise opportunity
Opening a full-service, no-appointment Fantastic Sams is a remarkably affordable way to enter the $75 billion hair care industry. For in-depth details about the Fantastic Sams franchise opportunity, download our free franchise report. You can also learn more by visiting our research pages.