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 2-pack, 3-pack, 4-pack or 5-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||Third-party Suppliers|
(Including Architectural Fees)
|$30,000 to $150,000||As Incurred||Before You Open Your Salon||Third-party Suppliers|
|Rent||$1,500 to $7,000||Lump Sum||Before You Open Your Salon||Landlord|
|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 $13,000||As Incurred||Before You Open Your Salon||Third-party Suppliers|
|Salon Equipment||$35,000 to $40,000||Lump Sum||Before You Open Your Salon||Third-party Suppliers|
|Other Equipment, Fixtures, And Furnishings||$6,000 to $10,000||Lump Sum||Before You Open Your Salon||Third-party Suppliers|
|New Salon Signage||$5,000 to $15,000||Lump Sum||Before You Open Your Salon||Third-party Suppliers|
|Salon Supplies – Non Technical (3 Month Supply)||$3,000 to $4,000||As Incurred||Before You Open Your Salon||Third-party Suppliers|
|Salon Identity And Graphics Kit (Interior Graphics)||$1,000 To $3,000||Lump Sum||Before You Open Your Salon||Third-party Suppliers|
|Grand Opening Marketing Plan/Advertising (First 3 Months)||$15,000 to $18,000||Lump Sum And As Incurred||Before And For 6 Months After You Open Your Salon||FSFC|
|Insurance||$3,500 to $6,500||Non-Refundable As Required||As Incurred||Third-party Suppliers|
|Additional Funds – 3 Months||$10,000 to $30,000||As Incurred||As Arranged||Employees, Third-party Suppliers & Utilities|
|TOTAL||$150,500 to $332,000|
See Item 7 of the Fantastic Sams Franchise Corporation Franchise Disclosure Document (FDD) issued April 15, 2022 for more information.