What Are the Startup Costs?
STARTUP COSTS FOR OUR SALON FRANCHISE OPPORTUNITIES
Starting out as a new salon entrepreneur, you can take advantage of multi-unit incentives by entering into a 3-pack, 5-pack or 10-pack agreement, or you can open a single salon if you prefer to scale up at your own pace. This is a great way to carve out your own piece of the market for future growth and opportunities.
To start a conversation about Fantastic Sams’ salon franchise opportunities with one of our franchise development representatives, please fill out the short, no-obligation form on this page. We’ll be in touch as soon as possible.
The business model is simple and easy to scale. Here’s a look at our startup costs, as outlined in Item 7 of our Franchise Disclosure Document.
|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)
|As Incurred||Before You Open Your Salon||Landlord, Suppliers
|Rent||$1,600 To $7,000||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
|As Incurred||Before You Open Your Salon||FSFC Or Other Distributor|
|Salon Equipment||$25,000 To
|Lump Sum||Before You Open Your Salon||Suppliers|
|Other Equipment, Fixtures, And Furnishings||$6,262 To $16,506||Lump Sum||Before You Open Your Salon||Suppliers|
|New Salon Signage||$3,500 To $8,500||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)||$500 To $2,000||Lump Sum||Before You Open Your Salon||FSFC Or Other Distributors|
|Grand Opening Marketing Plan/Advertising (First 3 Months)||$7,500 To
|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||$30,000 To
|As Incurred||As Arranged||Employees, Suppliers & Utilities|
|TOTAL||$148,362 To $382,506|