Full service hair salon brand continues local growth; Calls for 15-20 additional salons in the next five years
July 28, 2008 // Franchising.com // - Continuing to expand its "no appointments" necessary concept throughout the Dallas-Fort Worth area, Fantastic Sams announces the opening of two new salons at the Roanoke Crossing Shopping Center in Roanoke and the McAlister Square Shopping Center in Burleson. A third new salon is slated to open in Frisco by the end of the year. With 22 salons now operating in the area, the full service hair salon is looking to open an additional 15-20 locations in the next five years.
The Dallas expansion announcement is part of an aggressive national growth strategy to accelerate the company's franchising program and nearly double the number of salons in the next five to seven years. Currently, Fantastic Sams has nearly 1,400 salons operating in the United States and is targeting growing metropolitan areas where Fantastic Sams has already built a significant brand presence.
"We"™re proud to be a part of this growing community and building upon our strong history, rich heritage and loyal customer base," said Jeff Sturgis, Vice President of Franchise Sales for Fantastic Sams. "We look forward to offering the highest quality salon services to our guests."
Already a big player in the $59 billion hair salon industry, Fantastic Sams offers a full range of hair salon services catering to men, women and children of all ages. Customers at any Fantastic Sams can expect the full service treatment from a professional team of stylists up-to-date on the latest trends and fashions. Haircuts and styles, straightening, coloring, highlights and texturing are all available, as well as beard and mustache grooming, facial waxing and rejuvenating hair treatments. Fantastic Sams"™ menu of services are also complemented by an exclusive line of professional, salon quality hair care products.
To support its growth plans, Fantastic Sams is currently seeking franchise partners who want to invest in a proven business model with a solid operating system and dedicated corporate support structure, as well as a strong desire to develop an emerging concept in a high-growth industry. The average initial investment to open a Fantastic Sams salon (ranging from $100,000 to $225,000) and the company's fixed fee royalties make it one of the most competitive opportunities in the industry.
"Our franchise partners find our brand an attractive investment," added Sturgis. "Offering a solid, proven system of success, Fantastic Sams allows a franchisee to go into business for themselves, but not by themselves."
ABOUT FANTASTIC SAMS
With nearly 1,400 salons located throughout North America, Fantastic Sams (www.fantasticsams.com) is one of the world's largest full service hair care franchises with an excellent reputation for providing quality hair care services for the entire family. Opening their first salon in July 1974, Fantastic Sams began franchising in 1976, marketing their "fixed fee" system and "no appointments" necessary concept to entrepreneurs seeking to own and operate their own successful business.
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