BOSTON, MA--(Marketwired - Jan 13, 2015) - Entrepreneur magazine has named the Fantastic Sams salon franchise one of the top franchise opportunities on its annual Franchise 500 list.
The annual list serves as a guide for entrepreneurs studying business opportunities, and Fantastic Sams -- the country's leading network of full-service salon franchises -- ranks No. 52 on this year's list. It is the fifth consecutive year the franchise has made the list.
"Fantastic Sams is undergoing a dramatic resurgence that's taking the brand strength we've earned over the past four decades to exciting new places," said Fantastic Sams President and COO Linda Chadwick. "Hair care is a highly stable and attractive industry for franchise investment, and we already have a loyal following and a much higher average ticket price than our direct competitors."
Fantastic Sams was the first nationally franchised hair salon and has grown to more than 1,100 locations over the past four decades. Unlike most discount haircut franchises, Fantastic Sams offers a full range of salon services, including haircuts and trend-right styles, color and facial waxing, all of which help generate higher tickets and margins. Fantastic Sams invented the no-appointment-needed hair salon and continues to be the industry leader for affordable, trend-right hair salon services.
Fantastic Sams seeks franchisees who want to be engaged in their businesses and have a passion for excellent customer service. A franchisee doesn't have to be a stylist but must have a winning attitude and the ability to develop a successful team.
"Owning a Fantastic Sams is an entrepreneur's dream," said franchisee Rick Tonet, a former steel industry executive who own four salons in the Pittsburgh area. "You don't have to have an MBA. You just have to have good common sense and an appreciation for business and customer service."
In late 2014 the salon franchise launched "Brand Evolution," a top-to-bottom rejuvenation of the 40-year-old Fantastic Sams brand. The ongoing campaign includes new haircutting systems, color and product lines, an upcoming store redesign and an entire range of new franchise support systems designed to help franchisees compete with value haircut chains.
"Our new Brand Evolution will make Fantastic Sams the No. 1 hair salon in the country," Chadwick said.
To learn more about why customers and franchisees love Fantastic Sams, visit the salon franchise site at fantasticsamsfranchise.com, where you can download a free franchise report to learn more and start a conversation.
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