Full Service Hair Salon Franchise Signs 104 New Franchise Agreements
December 11, 2007 // Franchising.com // BOSTON– Fantastic Sams, an established retail franchise opportunity with nearly 1400 salons in the US and Canada, announced it has signed 104 new agreements with 63 new franchisees year to date through September 30, 2007.
These results are indicative of Fantastic Sams' enhanced expansion plans and renewed focus on development in growing metropolitan markets nationwide. New franchised 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 care franchise with a solid operating system and strong corporate support structure. The average initial investment to open a Fantastic Sams (ranging from $100,000 to $225,000) and the company's fixed fee royalties make it one of the most competitive franchise opportunities in the industry.
"With Fantastic Sams' proven economic model, prospective franchisees find our franchise opportunity to be an attractive investment," added Sturgis.
In addition to creating a business 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 hair salon franchise.