Fantastic Sams Makes Franchise Gator 2016 Top 100 Franchises List
Annual ranking lauds Fantastic Sams brand recognition, alongside strong support and supply chain, as a solid foundation for business growth
Smart entrepreneurs looking at franchise options love to look at rankings, because they usually offer an unfiltered examination of a concept’s pros and cons. In the case of the Fantastic Sams salon franchise opportunity, it’s all pros — at least where Franchise Gator is concerned.
Once again, Fantastic Sams has made the Franchise Gator Top 100 Franchises list, claiming the 48th spot for 2016.
“We are once again very excited to be recognized as one of the Franchise Gator’s Top 100,” says Linda Chadwick, President and CEO. “We can talk about our differentiators in the value-salon space all day long, but when a third party with a lot of institutional knowledge about franchising makes a recommendation, it’s great reinforcement of our brand to investors.”
Well-known brand is a plus
In its ranking, Franchise Gator pointed out many of the values that make Fantastic Sams a great franchise. Chief among them is the opportunity to own a brand that’s been successful for more than 40 years in a very competitive personal-care arena.
“There are a lot of value salons out there, but they don’t have the market share we do for good reason,” Linda explains. “Our brand’s longevity is a huge plus, because the people who grew up coming to us are now bringing their children into our salons. But we also do more than cuts — our color services are more popular than ever, for example.”
In addition, Fantastic Sams has never been afraid to shake things up. For example, a recent floor-plan redesign has created an open space where customers and staff mingle, and it offers a much more inviting vibe. Tradition still counts, too: Every Fantastic Sams salon franchise still operates using the no-appointment business model that founder Sam Ross pioneered.
Product line, ongoing support are key
Franchise Gator also mentioned the branded product line that Fantastic Sams offers, noting that it helps stylists increase their per-ticket total, which helps the salon’s bottom line. Ongoing training and support also are plus points for the franchise’s total appeal.
“We bring a lot to the table when we enter a marketplace, including financing,” Linda says. “Our franchise owners have many ways to increase their revenue stream. What’s more, we are there to support them every step of the way. We don’t just attend a ribbon cutting and wish them the best. Ongoing support, training and product development are key to our franchisees’ success, and to our growth as a company.”