What to expect when you buy a Fantastic Sams salon franchise
1. Initial Welcome and Pre-qualification Call
You will be asked to submit an application, and we’ll conduct an introductory interview to discuss your desired market territory, financial qualifications and motivation. We’ll agree to a process timeline during this call.
2. First Interview
During this call, we’ll review your background, discuss your long- and short-term goals and discern whether you’re a good fit for Fantastic Sams. We’ll provide a process overview and discuss your financing options. We will send you a copy of our Franchise Disclosure Document (FDD).
3. FDD Review
A Franchise Development Representative will provide an overview of the FDD, explain the terms of the franchise agreement and talk about expectations.
4. Region Director Call
Our Region Director (RD) for your area will schedule a call with you. You’ll be able to ask questions about on-boarding; site selection, construction, marketing and field support; as well as what to expect as a Fantastic Sams franchise owner.
5. Due Diligence
You will have an opportunity to call, email or visit existing Fantastic Sams franchise owners to gain a better understanding of what it’s like to be a franchisee in our system. We will schedule a salon tour and a Discovery Day, and you will be able to meet with the Regional Field Team.
6. Operations Call
You will gain a more in-depth understanding of your role as a franchise owner, how our Operations Team supports you in that role and how your success will be measured. You will also prepare a business plan summary and pro forma after this call.
7. Finance Strategy Call
We’ll discuss how to properly capitalize and grow your business. You’ll speak with our Brand Capital Strategist about your best financing options and how to complete your loan application or take the next steps toward securing financing.
8. Final Approval and Franchise Agreement Signing
We will conduct a background check and prepare the final documents for you and your legal representative to review before signing. We will set a signing date, and at the scheduled time you will sign your Franchise Agreement.
9. New Owner On-boarding
Our experts will help you choose the best possible site for your Fantastic Sams and work with you throughout the construction process. You and your designated manager or managers will attend New Owner Training to learn Fantastic Sams Salon Fundamentals, which cover everything from back-office processes to guest service protocol.
10. Grand Opening!
You can expect to open your Fantastic Sams franchise approximately 90-120 days after signing your Franchise Agreement!