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