Fantastic Sams gives entrepreneurs a range of options to carve out their share of the market at their own pace, from multi-unit incentives to a single-unit agreement.
Fantastic Sams Startup Costs
New franchisees can choose to start with a single salon or take advantage of Fantastic Sams multi-unit incentives by entering into a 3-pack, 5-pack or 10-pack agreement.
|TO WHOM PAYMENT
IS TO BE MADE
|Initial Franchise Fee||$30,000||Lump Sum||When You Sign The Franchise Agreement||Fantastic Sams Franchise Corp (FSFC)|
|New Owner/SFC Training Fee||$500 To $1,000||Lump Sum||Before Your Training||FSFC|
|Travel And Living Expenses For You And Your Employees During Training||$1,500 To $3,000||As Incurred||During Training||Airlines, Hotels & Restaurants|
(Including Architectural Fees)
|$60,000 To $200,000||As Incurred||Before You Open Your Salon||Landlord, Suppliers
|Rent||$2,000 to $8,000||Lump Sum||Before You Open Your Salon||Landlord & Suppliers|
|Utility Deposit||$500 To $1,500||Lump Sum||Before You Open Your Salon||Utility Companies|
|Initial Haircare Product Inventory (3 Month Supply)||$8,000 To $14,000||As Incurred||Before You Open Your Salon||Payable To The Distributors|
|Salon Equipment||$40,000 To $65,000||Lump Sum||Before You Open Your Salon||Suppliers|
|Other Equipment, Fixtures, And Furnishings||$7,500 To $18,000||Lump Sum||Before You Open Your Salon||Suppliers|
|New Salon Signage||$3,500 To $15,000||Lump Sum||Before You Open Your Salon||Suppliers|
|Salon Supplies – Non Technical (3 Month Supply)||$2,500 To $4,500||As Incurred||Before You Open Your Salon||Suppliers|
|Salon Identity And Graphics Kit (Interior Graphics)||$1,000 To $3,000||Lump Sum||Before You Open Your Salon||Payable To The Distributors|
|Grand Opening Marketing Plan/Advertising (First 3 Months)||$7,500 To $18,000||Lump Sum And As Incurred||Before And For 6 Months After You Open Your Salon||Suppliers And/Or FSFC To Pay Suppliers|
|Non-Refundable As Required||As Incurred||Insurance Company|
|Additional Funds – 3 Months||$100,000 To $140,000||As Incurred||As Arranged||Employees, Suppliers & Utilities|
|TOTAL||$265,500 To $530,000|
See Item 7 of the Fantastic Sams Franchise Corporation Franchise Disclosure Document (FDD) issued April 15, 2021 for more information.