Fantastic Sams Cut & Color – Franchise for Hair salons

Fantastic Sams

Fantastic Sams Cut:

In July 1974, Fantastic Sams was started by Sam M.Ross. In 1976, the company started franchising and marketing with a system of “fixed fee” and concept of “no appointment necessary”. It has full service and hair care salons throughout Canada and the U.S. It also provides coloring services and perms in addition to cuts. Fantastic Sams sells their own line of conditioners, shampoos, and aids of styling for women and men. Linda Chadwick is the CEO of Fantastic Sams Cut and Color.

Established in: 1974

Parent Organization: Dessange Group North America

Franchising from: 42 Years from 1976

Company Address: 500 Cummings Center, #1100 Beverly, MA 01915

Investment:

Their Minimum Investment was: $145,362

Their Maximum Investment was: $317,006

Units:

1st Year: -36 Units (-3.3%)

After 3 Years: -104 Units (-9.0%)

Locations of Units:

U.S. Franchises Franchises Outside US Company Owned
2016 1,078 4 2
2017 1,041 4 3

They are seeking new units of the franchise throughout the U.S. and in the states/regions of Canada

Financing Options:

To cover startups costs, payroll, equipment costs, accounts receivable and inventory costs Fantastic Sams Cut and Color maintain third-party sources relationships which offer finance.

Financial Requirement:

Initial Investment: $145,362 – $317,006

Net-worth Requirement: $300,000

Liquid Cash Requirement: $70,000

Support Options:

Grand Opening

Toll-Free Line

Meetings/Conventions

Newsletter

Purchasing Co-ops

Online Support

Site Selection

Field Operations

Security/Safety Procedures

Franchise Intranet Platform

 

Marketing Support:

Social Media

SEO

Co-op Advertising

Email marketing

Website development

Ad Templates

National Media

Regional Advertising

Loyalty program/app

 

Website: fantasticsams.com

Facebook Page: Post or share on Fantastic Sams Facebook 

Daily Tweet: Fantastic Sams Twitter 

Instagram: Fantastic Sams Instagram to post

Customer Service Number: 978 232 5626

For Support: Customer Feedback