Full Service Salon Brand Signs 111 New Franchise Agreements
November 21, 2007 // Franchising.com // BOSTON–Fantastic Sams, a full service hair salon brand with nearly 1400 salons in the US and Canada, announced it has signed 111 new franchise agreements with 75 new franchisees year to date through October 31, 2007.
These results are indicative of Fantastic Sams' enhanced expansion plans and renewed focus on development in growing metropolitan markets nationwide. New salons have opened in numerous markets including Los Angeles, Atlanta, San Antonio and Minneapolis and Fantastic Sams will continue targeting most major metropolitan areas throughout the US for additional franchise growth.
"We are thrilled about Fantastic Sams' expansion and the ability to bring our superior hair care services to even more salon guests," said Jeff Sturgis, Vice President, Franchise Sales & Development. "Our new franchise partners come from a diverse background and have committed to opening one to 5 salons each."
Fantastic Sams is currently concentrating its efforts on attracting quality franchise partners who want to invest in a leading hair salon brand with a solid operating system and strong corporate support structure. The average initial investment to open a Fantastic Sams Hair 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.
"With Fantastic Sams' proven economic model, experienced franchise partners find our brand an attractive investment," added Sturgis.
In addition to creating a business ownership opportunity for local entrepreneurs throughout the country, each new Fantastic Sams salon location will contribute to the economy by creating new jobs and providing area residents with the best in full service hair care and professional hair salon products.
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.
Fantastic Sams was the first nationally franchised hair salon and has grown to more than 1,100 locations over the past 40 years.