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BEVERLY, MA-Fantastic Sams Hair Salons, with over 1300 full-service franchise salons, received approval to be listed on the United States Small Business Administration "SBA" Franchise Registry in several regions around the nation. According to Fantastic Sams, the action will help expedite the loan process for new and existing Fantastic Sams franchise owners that wish to start or expand their salon business.The Franchise Registry, operated by Fran-Data in partnership with the SBA, is an online national registry of franchise systems whose new and existing franchisees receive streamlined loan processing. Fewer than 30 percent of all franchise systems qualify for listing on the Registry. Applicants must submit their franchise contracts to ensure compliance with strict SBA criteria. "The current lending environment necessitates providing our franchise owners with a variety of resources to secure financing for the development of their salon business." explained Jeff Sturgis, Fantastic Sams Vice President of Franchise Development. "We believe approval on the SBA Registry provides a real benefit for our owners." Already a prominent 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 full-service treatment from a professional team of stylists who are up-to-date on the latest trends and fashions. Fantastic Sams franchise owners don't typically work in their salon full-time and often have corporate management experience, not direct salon industry experience. Success criteria for Fantastic Sams' owners include strong management ability, leadership skills and keeping engaged in the business. For more information about Fantastic Sams call (877) 383-3831 or visit www.FantasticSamsFranchises.com.
BEVERLY, MA (November 1, 2009) - Fantastic Sams, the leading full-service hair salon franchise with over 1300 salons, was ranked 144th for worldwide sales and 60th for total units in the Franchise Times annual ranking of the nation's largest franchise systems by total sales.
When you take into account that there are over 3,000 franchise companies in operation, it means that Fantastic Sams ranks in the top 10% of all franchise companies. This is the tenth consecutive year that Fantastic Sams was included in the Top 200 Franchises study. Additionally, Fantastic Sams has the most full-service franchised hair salon locations in the nation.
According to Franchise Times, the Top 200 franchise systems collectively demonstrated a remarkable ability to withstand the economic turmoil of the last year. Overall, the ranked franchise systems grew their business by over 7% compared to the prior year.
"We are excited to be included in this important study every year", commented Scott Colabuono, President of Fantastic Sams. "The salon business continues to thrive and as a full-service, high quality, value priced salon brand, Fantastic Sams is well-positioned for a slow economy."
Franchisees are attracted to Fantastic Sams for many reasons, including its simple business model and flat fee royalty structure. Fantastic Sams hair salon owners don't typically work in their salon full-time and often have corporate management experience, not direct salon industry experience. Success criteria for Fantastic Sams' owners include strong management ability, leadership skills and keeping engaged in the business.
For more information about Fantastic Sams visit www.FantasticSamsFranchises.com or call
(877) 383-3831.
BOSTON, MA - Fantastic Sams®, one of the nation's largest full-service hair salon franchises, has staked its claim as the best of the best, securing its spot on the acclaimed 2009 edition of Bond's Top 100 Franchises.
The Bond's Top 100 Franchises accolade is based on a variety of performance indicators including historical performance, brand identification, franchisee satisfaction, training, on-going support, financial stability and other key variables. With over 3,500 franchises out there, selection is a great honor to those companies selected and should be a significant assist to prospective franchisees as they start their search process.
While many other franchise systems are struggling due to current economic conditions, the Fantastic Sam franchise continues to style its way to success, expanding its "no appointments" necessary concept throughout the nation with a national growth strategy to nearly double the number of salons in the next five to seven years.
"The Bond's Top 100 ranking is an affirmation of the growth and excitement that is charging throughout our franchise system," said Fantastic Sams CEO, Scott Colabuono. "Fantastic Sams has prospered where others have not by a simple strategy of putting our customers and franchise owners first at all times, providing a solid business model to our franchise owners, giving them an opportunity to build a rewarding business and help create the kind of lifestyle they desire."
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 who are 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 is also complemented by an exclusive line of hair care products.
April 22, 2009 - To commemorate 35 fantastic years in the salon business, Fantastic Sams® is celebrating in style! Between May 11th and June 29th, Fantastic Sams® is offering guests. The $35 Cutting Edge Combo, which includes a cut and additional services and products, depending on the salon's location."Quality and value are the reasons that our guests have been so loyal to Fantastic Sams® over the years, and The $35 Cutting Edge Combo is a great way to say thank you for all of their patronage," according to Scott Colabuono, President and CEO of Fantastic Sams® salons. Fantastic Sams® has maintained affordable prices over the years while remaining fresh and relevant through new product and service introductions, as well as by creating fashion forward styles for men and women. The Cutting Edge Combo highlights the wide variety of services and products available at Fantastic Sams® and celebrates the heritage of affordability at the nation's largest full-service salon chain.
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BEVERLY, MA-Fantastic Sams Hair Salons, with over 1300 full-service franchise salons, received approval to be listed on the United States Small Business Administration "SBA" Franchise Registry in several regions around the nation. According to Fantastic Sams, the action will help expedite the loan process for new and existing Fantastic Sams franchise owners that wish to start or expand their salon business.The Franchise Registry, operated by Fran-Data in partnership with the SBA, is an online national registry of franchise systems whose new and existing franchisees receive streamlined loan processing. Fewer than 30 percent of all franchise systems qualify for listing on the Registry. Applicants must submit their franchise contracts to ensure compliance with strict SBA criteria. "The current lending environment necessitates providing our franchise owners with a variety of resources to secure financing for the development of their salon business." explained Jeff Sturgis, Fantastic Sams Vice President of Franchise Development. "We believe approval on the SBA Registry provides a real benefit for our owners." Already a prominent 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 full-service treatment from a professional team of stylists who are up-to-date on the latest trends and fashions. Fantastic Sams franchise owners don't typically work in their salon full-time and often have corporate management experience, not direct salon industry experience. Success criteria for Fantastic Sams' owners include strong management ability, leadership skills and keeping engaged in the business. For more information about Fantastic Sams call (877) 383-3831 or visit www.FantasticSamsFranchises.com.
BEVERLY, MA (November 1, 2009) - Fantastic Sams, the leading full-service hair salon franchise with over 1300 salons, was ranked 144th for worldwide sales and 60th for total units in the Franchise Times annual ranking of the nation's largest franchise systems by total sales.
When you take into account that there are over 3,000 franchise companies in operation, it means that Fantastic Sams ranks in the top 10% of all franchise companies. This is the tenth consecutive year that Fantastic Sams was included in the Top 200 Franchises study. Additionally, Fantastic Sams has the most full-service franchised hair salon locations in the nation.
According to Franchise Times, the Top 200 franchise systems collectively demonstrated a remarkable ability to withstand the economic turmoil of the last year. Overall, the ranked franchise systems grew their business by over 7% compared to the prior year.
"We are excited to be included in this important study every year", commented Scott Colabuono, President of Fantastic Sams. "The salon business continues to thrive and as a full-service, high quality, value priced salon brand, Fantastic Sams is well-positioned for a slow economy."
Franchisees are attracted to Fantastic Sams for many reasons, including its simple business model and flat fee royalty structure. Fantastic Sams hair salon owners don't typically work in their salon full-time and often have corporate management experience, not direct salon industry experience. Success criteria for Fantastic Sams' owners include strong management ability, leadership skills and keeping engaged in the business.
For more information about Fantastic Sams visit www.FantasticSamsFranchises.com or call
(877) 383-3831.
BOSTON, MA - Fantastic Sams®, one of the nation's largest full-service hair salon franchises, has staked its claim as the best of the best, securing its spot on the acclaimed 2009 edition of Bond's Top 100 Franchises.
The Bond's Top 100 Franchises accolade is based on a variety of performance indicators including historical performance, brand identification, franchisee satisfaction, training, on-going support, financial stability and other key variables. With over 3,500 franchises out there, selection is a great honor to those companies selected and should be a significant assist to prospective franchisees as they start their search process.
While many other franchise systems are struggling due to current economic conditions, the Fantastic Sam franchise continues to style its way to success, expanding its "no appointments" necessary concept throughout the nation with a national growth strategy to nearly double the number of salons in the next five to seven years.
"The Bond's Top 100 ranking is an affirmation of the growth and excitement that is charging throughout our franchise system," said Fantastic Sams CEO, Scott Colabuono. "Fantastic Sams has prospered where others have not by a simple strategy of putting our customers and franchise owners first at all times, providing a solid business model to our franchise owners, giving them an opportunity to build a rewarding business and help create the kind of lifestyle they desire."
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 who are 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 is also complemented by an exclusive line of hair care products.
April 22, 2009 - To commemorate 35 fantastic years in the salon business, Fantastic Sams® is celebrating in style! Between May 11th and June 29th, Fantastic Sams® is offering guests. The $35 Cutting Edge Combo, which includes a cut and additional services and products, depending on the salon's location."Quality and value are the reasons that our guests have been so loyal to Fantastic Sams® over the years, and The $35 Cutting Edge Combo is a great way to say thank you for all of their patronage," according to Scott Colabuono, President and CEO of Fantastic Sams® salons. Fantastic Sams® has maintained affordable prices over the years while remaining fresh and relevant through new product and service introductions, as well as by creating fashion forward styles for men and women. The Cutting Edge Combo highlights the wide variety of services and products available at Fantastic Sams® and celebrates the heritage of affordability at the nation's largest full-service salon chain.
BOSTON, MA - Today's career women are continually challenged by the demands of full-time work and the responsibilities and commitments at home. Fantastic Sams Hair Salons, one of the nation's largest full-service hair salon brands, has a unique business model that allows women entrepreneurs to successfully achieve work/life balance.
Ranked as one of Entrepreneur Magazines Top 10% of franchises to buy and featured on Lifetime's The Balancing Act, over 40% of Fantastic Sams salons/franchisees are women owned, and that number is projected to grow in the future.
"As a mom looking to get back into the workforce, Fantastic Sams was the perfect opportunity. Being a salon owner allows me the flexibility to manage my family life and my career. I'm able to pick up my daughter from school, spend time with my family and run a successful business," said Marilyn Tokatly, a multi-unit franchisee in Southern California. "The hair salon business also tends to be stable during a slowing economy because people always want to look good. Guests usually visit the salon every 4-6 weeks, which builds a solid customer base. And when they leave feeling fantastic about themselves, it creates a high degree of customer loyalty," she added.
With nearly 1,350 salons nationwide, Fantastic Sams has a solid, proven system of success, which allows women business owners to go into business for themselves, but not by themselves.
"With our business model and support network, we provide all of our franchisees with valuable information and resources to help them operate a successful business," states Jeff Sturgis, Vice President of Franchise Sales & Development. "We recognize how important it is that we continue to support the growth of this dynamic sector of women business owners".
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 is also complemented by an exclusive line of professional hair care products.
The average initial investment to open a Fantastic Sams salon (ranging from $100,000 to $230,000) and the company's fixed fee royalties make it one of the most competitive opportunities in the industry.
"We have become the leading full-service hair salon brand by offering the best in salon services and products, and by creating a customer loyalty that sets us apart from our competition - our guests recognize the difference," states Sturgis.
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