What to expect when you buy a Fantastic Sams salon franchise
Fantastic Sams has been making people feel good about themselves at an affordable price since 1974. We have longevity and brand recognition in an industry that is famously stable — $75 billion a year and growing. With the New Image Salon, we’re positioned for growth in a competitive and growing segment of the industry. We are one of the few franchises in any industry that has more than 1,100 units across the country, and like the industry we’re in, we’re continuing to grow.
The leadership of Fantastic Sams is helping the brand grow, and we’re exceptionally qualified to help franchisees scale their investments. CEO Linda Chadwick has more than three decades of experience in franchising with a global quick-service company, so she knows how to navigate the path to success. Our franchisees can count on guidance for every step of the journey to your grand opening and as long as you’re in business with us.
Our salons could be the ideal investment for a franchisee who has an entrepreneurial bent and a passion for people. If you’d like to open your own Fantastic Sams salon in as little as 60-90 days, the first thing you need to do is fill out a lead form. Someone from our corporate franchise team will email or call you to go over the basics.
We’ll ask you to send in a qualifying form, and then we’ll send you our most recent Franchise Disclosure Document (FDD), which explains the initial investment and your startup costs, and lays out details of the Fantastic Sams franchise system. This gives you a chance to look over our business practices.
Our average investment is about $185,000 — our range over the past year has been $145,362 to $317,006 — and we are looking for franchisees with a net worth of $300,000 and a minimum liquidity of $70,000.
You’ll want to research Fantastic Sams on your own and talk to our existing franchisees about the ins and outs of their business and about the franchisee-franchisor relationship. If we’re both still interested, we’ll help you schedule a Discovery Day at our corporate offices just outside Boston. You’ll meet the leadership and tour some of our salons. If you choose to enter into a franchise agreement, we’ll get started on site selection and training.
Thank you for your interest in owning a Fantastic Sams franchise. We look forward to the opportunity to discuss what it takes to win as a Fantastic Sams franchisee and determine if Fantastic Sams is the right fit for you. When you complete the form, a Franchise Recruiter or Regional Owner will respond, depending on the area you express interest in.