Fantastic Sams Salon Franchise Named to “Entrepreneur’s” Top 500 FranchisesMay 26, 2014
Staying power, flexibility keep Fantastic Sams salon franchise among top-ranked franchises
Fantastic Sams salon franchise is once again included on “Entrepreneur” magazine’s prestigious annual Franchise 500, a respected guide to top franchise opportunities for savvy investors.
Our 40-year history in the salon franchise industry, along with our continued efforts to update the brand and keep it relevant, helped propel us to No. 47 on the list. Fantastic Sams has been included in the ranking for several consecutive years.
“Fantastic Sams was the first full-service unisex salon franchise, and we’ll be here long after the imitators are gone,” says CEO Allyson King. “While we’ve earned a great reputation over the years, we’re always looking for what’s next for our brand. We have a lot of challenges ahead, and we’re excited about moving forward.”
Fantastic Sams was founded in 1974 by Memphis barber Sam Ross, who envisioned a unisex salon that offered the convenience of walk-in appointments. Two years later, he started franchising the concept. Today, there are more than 1,100 Fantastic Sams salon franchises across the country, and we’re still growing. We specialize in color services, which is driving growth in salon sales, and we also offer cuts, styling and facial waxing.
Fantastic Sams owners can expect to pay, on average, $185,000 for a salon franchise, with a franchise fee of $30,000. They will need a minimum liquidity of $60,000 and a net worth of at least $200,000.
You can open your own Fantastic Sams salon for about $185,000. To start a conversation about this franchise opportunity, please fill out the form at right or call us at 855-371-3465. We look forward to hearing from you!