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Fantastic Sams

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Fantastic Sams
50 Dunham Rd.
Beverly, MA 01915
800#:
Tel: (978) 232-5600 +5626
Fax: (978) 232-5601
E-Mail: [email protected]
Web Site: www.fantasticsams.com
Contact: Mr. Rich C. Pittius, SVP Franchise Development


FANTASTIC SAMS is the largest full-service hair care franchise, with over 1,350 salons worldwide. Our full service salons offer quality hair care services for the entire family, including cuts, perms and color. When you join the FANTASTIC SAMS family of franchisees, you'll receive both local and national support through on-going management training, educational programs and national conferences, as well as advertising and other benefits. No hair care experience required.




Franchisor Background


Established: 1974
First Franchise: 1976
Franchise Units: 1,377
Company-Owned Units: 0
Total Units: 1,377

Distribution:
U.S. -- 1344; Canada -- 18; International -- 15
-North America -- Operations in 43 States, 4 Provinces
-States/Provinces with Greatest Density: 221 in CA, 102 in FL, 99 MI

Projected New Units Over Next 12 months: 120
Franchisee Qualifications: 5, 5, 1, 4, 1, 5
(Click here for an explanation)

Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 8 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $50K
Total Investment: $138-193K
Average Total Investment: $165.5K
Minimum Net Worth: $250K

Fees:
-Franchise: $25-30K
-Average Franchise Fee: $27.5K
-Royalty: $227/Wk.
-Advertising: $116/Wk.

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 40
On-Going Support: c,d,E,F,H (Click here for an explanation)
Training: 5 Day Salon Fundamentals Class; On-Going within Region.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: Pacific Rim, UK, Australia

Note: NR = No Response by Franchisor.
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