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Fantastic Sams Receives Top Rankings in Entrepreneur Magazine’s 2007 Franchise 500®
Fantastic Sams Ranked 39th out of 500; Top 10% of Best Franchises
Fantastic Sams, one of the largest full-service hair care franchises in the world, was recently ranked #39 out of 500 by Entrepreneur Magazine in its annual Franchise 500 listing, placing the salon chain in the top 10% of all ranked franchises.
Entrepreneur’s Franchise 500 is widely considered the best and most comprehensive rating of franchises in the world. It uses a complex formula to identify today’s top franchise opportunities. The factors considered in the ranking include financial strength, stability, growth rate and size of the franchise system.
Consistently ranked by Entrepreneur Magazine as #1 and #2 in the hair care category since 2000, Fantastic Sams ranked #38 in 2005, #45 in 2006 and now #39 in 2007 overall. Fantastic Sams has also been voted as one of the top 100 Fastest Growing Franchises by Entrepreneur Magazine. In addition, Fantastic Sams was recently announced as one of the top 30 Hot Franchises by Black Enterprise Magazine.
"We’ve always been a leader in the beauty franchise industry, and to be consistently recognized by such an esteemed publication for our accomplishments is truly an honor," says Scott Colabuono, President and CEO of Fantastic Sams. "We continue to take the lead in the franchise industry and are dedicated to providing the support new owners need in order to be successful as Fantastic Sams continues to flourish into 2007," Colabuono added.
With nearly 1400 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 successful business.
Fantastic Sams Recognized by Franchise Times
Leading franchise publication recognizes Fantastic Sams as one of top franchises of 2006
New York, NY (December 15, 2006) Fantastic Sams, one of the world's largest hair care franchises, has recently been named as one of the top beauty franchises in the nation by Franchise Times, the news and information source for franchise owners and operators.
"To be recognized by Franchise Times as one of the leaders of the beauty franchise industry is indeed an honor. We’ve consistently been at the top of our game and look forward to increased success for 2007,” says Scott Colabuono, President and CEO of Fantastic Sams.
About Fantastic Sams:
With nearly 1400 salons in North America, Fantastic Sams® (www.fantasticsams.com) is one of the world's largest full service hair care franchises. They opened their first salon in July 1974 and began franchising in 1976, marketing their "fixed fee" system and "no appointment necessary" concept to entrepreneurs nationwide. Fantastic Sams salons have a reputation for providing quality hair care services, including color, cuts, permanent waves, and more, for the entire family.
The Company has consistently been ranked one of the top 50 franchises in Entrepreneur Magazine’s Franchise 500® list and most recently ranked #39 in 2007. Fantastic Sams has ranked #1 and #2 in the hair care category since 2000, and was voted one of the top 100 Fastest Growing Franchises.
Fantastic Sams Recognized by Black Enterprise Magazine
Leading publication for African-American entrepreneurs recognizes Fantastic Sams as one of top franchises of 2006
New York, NY (December 15, 2006) Fantastic Sams, one of the world’s largest hair care franchises, has been named one of the top 30 hottest franchises in the nation by Black Enterprise Magazine, written by and for African-American entrepreneurs, managers and business professionals.
"We’ve always been a leader in the beauty franchise industry, and to be recognized by such an esteemed publication for our accomplishments is truly an honor,” says Scott Colabuono, President and CEO of Fantastic Sams. "We continue to pursue diversity in our franchise owner population and we are dedicated to providing the support new owners need to be successful,” Colabuono added.
About Fantastic Sams:
With nearly 1400 salons in North America, Fantastic Sams® (www.fantasticsams.com) is one of the world's largest full service hair care franchises. They opened their first salon in July 1974 and began franchising in 1976, marketing their "fixed fee" system and "no appointment necessary" concept to entrepreneurs nationwide. Fantastic Sams salons have earned a reputation for providing quality hair care services, including color, cuts, permanent waves and more for the entire family.
The Company has consistently been ranked one of the top 50 franchises in Entrepreneur Magazine’s Franchise 500® list and most recently ranked #39 in 2007. Fantastic Sams has ranked #1 and #2 in the hair care category since 2000, and was voted one of the top 100 Fastest Growing Franchises.
FANTASTIC SAMS HAIR SALONS IS 'STYLIN' IN BOSTON
Leading hair salon franchise plans for 35 locations in its home market in the next five years
Boston, MA - Fantastic Sams, a full service hair salon franchise with nearly 1400 salons in the US and Canada, is continuing its expansion into its home-base Boston market. The company recently opened an additional franchise location in the Wilmington Crossing shopping center in Wilmington, MA.
This opening is part of a broader growth plan that calls for 35 new locations in the Boston market in the next three to five years. Each salon business generates about 10 new jobs, allowing for over 350 jobs to be created with this expansion. Currently, there are 14 Fantastic Sams Hair Salons open in the Boston region.
"As a locally-based company, growing our presence in the greater Boston area is very important to us," said Jeff Sturgis, Vice President of Franchise Sales and Development for Fantastic Sams. "Not only do we want to be a vibrant corporate partner with the Boston area business community, we want to be a strong local business partner by adding more jobs to the local community. As the leading full service salon franchise, we look forward to offering the highest quality salon services to our guests."
Franchisees from all backgrounds are drawn to the Fantastic Sams franchise opportunity. The newest location in the region is owned by multi-unit franchisee, Mike Boudreau. He owns three other Fantastic Sams salons and the Wilmington Crossing location is the newest addition to his portfolio. He is utilizing his 33 years of financial and operations management in the operation of his Fantastic Sams locations.
"Fantastic Sams continues to expand its franchise opportunity in markets all across the country," Sturgis added. "We are very pleased to be working with Mike in developing the brand in the local market and building upon our strong history, rich heritage and loyal customer base."
Fantastic Sams offers a full range of hair salon services to its clients, providing them with the best in full service hair care and professional hair salon products. Salon stylists are always up-to-date on the latest styles and trends. From haircuts to styles, to straightening, to color services, and more.Fantastic Sams offers full salon services at affordable prices.
Already a big player in the $59 billion hair salon business, Fantastic Sams is fueling interest in their development plans with a cutting-edge, client centric salon design for franchise owners.
Fantastic Sams is currently concentrating its efforts on attracting quality franchise partners who want to invest in a franchise opportunity with a solid operating system and a strong corporate support structure. The average initial investment to open a Fantastic Sams Hair Salon franchise (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' attractive economic model, experienced franchise partners find our brand a worthwhile investment," added Sturgis.
"Prospective franchise owners for Fantastic Sams should have well developed people skills to be successful. Our best salon owners set a standard for guest service that translates into highly trained and motivated hair stylists. Our guests recognize the difference when they step into our salons," said Sturgis. "We have become the leading full service hair salon franchise by offering the best in salon services and products, and by creating a customer loyalty that sets us apart from our competition."
FANTASTIC SAMS HAIR SALONS IS 'STYLIN' IN NEW YORK
Leading hair salon franchise plans for 50 locations in the New York metro area in the next five years
Boston, MA - Fantastic Sams, a full service hair salon franchise with nearly 1400 salons in the US and Canada, is announcing its arrival in the metro New York area. For a city that has everything, it finally has a Fantastic Sams Hair Salon. The company recently opened its first franchise location in Westchester County in the Dalewood III Shopping Center in Hartsdale, NY.
This opening is part of a broader growth plan that calls for 50 new locations in the New York market in the next five years. The company is targeting Long Island, the Boroughs and Westchester County for its expansion. Each salon business generates about 10 new jobs, allowing for over 500 jobs to be created with this expansion.
"We are incredibly excited about our launch in New York," said Jeff Sturgis, Vice President of Franchise Sales and Development for Fantastic Sams. "As the leading full service hair salon franchise brand, we look forward to offering the highest quality salon services to our guests."
Franchisees from all backgrounds are drawn to the Fantastic Sams recession-proof business opportunity. The "trailblazer" owner, Cari Dyslin, worked in Information Systems for seven years in the financial and insurance industries before becoming a stay-at-home mom. Ready to re-enter the workforce, she wanted to own her own business and take advantage of the ground-floor opportunity in New York and became the first franchisee in the region.
"Fantastic Sams continues to expand its brand in markets all across the country," Sturgis added. "We are very pleased to be working with Cari in developing the brand in the local market and building upon our strong history, rich heritage and loyal customer base."
Fantastic Sams offers a full range of hair salon services to its clients, providing them with the best in full service hair care and professional hair salon products. Salon stylists are always up-to-date on the latest styles and trends. From haircuts to styles, to straightening, to color services, and more.Fantastic Sams offers full salon services at affordable prices.
Already a big player in the $59 billion hair salon business, Fantastic Sams is fueling interest in their development plans with a cutting-edge, client centric salon design for franchise owners.
Fantastic Sams is currently concentrating its efforts on attracting quality franchise partners who want to invest in a leading hair salon franchise with a solid operating system and a strong corporate support structure. The average initial investment to open a Fantastic Sams Hair Salon (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' attractive economic model, people looking for a great franchise opportunity find our brand a worthwhile investment," added Sturgis.
"Prospective franchise owners for Fantastic Sams should have well developed people skills to be successful. Our best salon owners set a standard for guest service that translates into highly trained and motivated hair stylists. Our guests recognize the difference when they step into our salons," said Sturgis. "We have become the leading full service hair salon franchise by offering the best in salon services and products, and by creating a customer loyalty that sets us apart from our competition."
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