Franchise News Release: Boston, MA - (May-1-2009)


Fantastic Sams Continues To Expertly Support Franchisees


Fantastic Sams, a full service hair salon brand with over 1,300 salons in the US and Canada has been selected as one of the Top 25 Franchises for Hispanics in a PODER Magazine article submitted by the National Minority Franchising Initiative (NMFI). PODER Magazine (previously Hispanic Enterprise) is considered by most as the premier business magazine for the Latino community.  According to the NMFI, companies such as Fantastic Sams, which are on the “25 top franchises List,” have demonstrated an exceptional focus on recruiting and supporting minority franchisees.

The NMFI selects companies for the list based on several factors such as historical performance, brand identification, market dynamics, and franchisee satisfaction, the level of initial training, ongoing support and financial stability.

“We are proud to be recognized for the growth of our company and achieving significant sales increases over the years with a diverse franchisee base,” said Scott Colabuono, CEO of Fantastic Sams. “Fantastic Sams has a solid system in place with services that are highly recession proof. We will continue to award Franchise opportunities to the best candidates, and there are prime opportunities across the country.”

The NMFI was conceived in 1999 with the sole objective of increasing the number of minorities in franchising. The program and its list were created to offer qualified minorities a reliable starting point for research on an optimal Franchise Opportunity fit for their needs. The recognition was published in the April issue of Poder Enterprise Magazine, a top publication for the Hispanic Business Community.

Already a big player in the $59 billion hair salon industry, Fantastic Sams offers a full range of hair salon services at a value price point. 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 hair care products.  

To augment the market’s growth, 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 Colabuono. “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 over 1,300 salons located throughout North America, Fantastic Sams 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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Fantastic Sams Hair Salons
You'll have the power of a national hair salon franchise brand working for you, 24 hours a day, 7 days a week, to bring you more franchise business! Use your skills in marketing, employee relations, and business management and dictate your success in your hair salons!
 
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