Fantastic Sams
Cherry Franchise Broker
Total investment:
$ 144,862
Franchise fee:
$ 30,000
Royalty fee:
362 usd/w
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1974
Franchise since: 1976
Company owned units:
Franchise owned units: 1000
Total number of units:
Number of employees per unit: 8
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEFantastic Sams Holding Corp. is an American chain of full services hair-care salons in the U.S. and Canada. With over 900 franchised locations, it was the first nationally franchised unisex salon chain in the U.S. and it is one of the largest salon chains in the U.S. Fantastic Sams was founded in 1974 by Sam Ross in Memphis, Tennessee.
Franchising began in 1976, under the title “Incredible Sam’s” but was changed in 1981 to “Fantastic Sams” so that it was easier to say. Fantastic Sams salons also sell Fantastic Sams hair-care products.
On-The-Job Training: ongoing
Classroom Training: 32 hours
Additional Training: At regional office
Net-worth Requirement: $500,000
Liquid Cash Requirement: $100,000
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