Answers to common questions about owning a Fantastic Sams franchise
How much does a Fantastic Sams franchise cost?
The total investment for a Fantastic Sams franchise ranges from $145,362 to $317,006, including initial franchise fee and working capital.
How much is the franchise fee for Fantastic Sams hair franchises?
New franchisees pay a $30,000 franchise fee upon signing the franchise agreement. Multi-Unit Development Agreements (MUDAs) are available at a significant discount.
What are the financial qualifications to become a franchisee?
We are seeking someone with a minimum net worth of $300,000 and at least $100,000 in liquid capital.
How long does it take to open a Fantastic Sams?
On average, from the time you sign a franchise agreement to the time you open is 90 to 120 days.
Do I need to have salon experience before opening a salon?
No. We’re looking for entrepreneurs and managers with prior business experience. Fantastic Sams provides an easy-to-operate, scalable investment. You’ll hire others who understand the hair care and salon business; your primary focus will be on handling the business side of things.
What is the best location for a Fantastic Sams?
Our salons work best in places where busy people are already doing their errands three or four times a week, like shopping centers anchored by big-box retailers and grocery stores.
How stable is the salon industry?
The $75 billion hair care salon industry is growing at a steady annual pace. Even when the economy is tough, people still need haircuts, and they still want to look good. Hair color and haircuts at Fantastic Sams are affordable and convenient, which brings clients back again and again.
What kind of marketing support do you offer?
Our Marketing Department and Region Teams work with each franchisee to tailor the perfect plan to promote Fantastic Sams salons within their communities — providing printed materials, coordinating mass mailings and helping with limited-time promotions and grand openings.
How can I get a copy of the Franchise Disclosure Document (FDD)?
If you fill out the form on this page, a member of our franchise development team will be in touch with you as soon as possible for an initial conversation. After having a brief interview with a development representative, we will send you a copy of the FDD.
Who are my main customers?
Fantastic Sams salons offer a full slate of salon services, including on-trend haircuts, styling, facial waxing and our specialty, hair color. When a new salon opens, the clientele is made up primarily of men and children. As the salon begins to mature, the percentage of female customers increases, as does average ticket price.
Can I hire someone to run my salon franchise?
Yes. Many of our franchisees start out as owner-operators and hire a General Manager as they add more salons. Others hire a GM right away to help them manage operations.
Learn more about the Fantastic Sams franchise opportunity through our research pages. To start a conversation with one of our franchise development representatives or download our franchise report, please fill out the short form on this page, and someone will be in touch with you shortly.