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Below is an in-depth analysis and side-by-side comparison of Fantastic Sams Hair Salons vs Spasation Salons and Day Spas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $215,000 - $479,000 | $250,000 - $500,000 |
Franchise Fee | $30,000 | N/A |
Royalty Fee | $362+/wk. | - |
Advertising Fee | $142/week | - |
Year Founded | 1974 | 1997 |
Year Franchised | 1976 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Varies | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Available in MA: 1 week Salon Fundamentals At regional office: ongoing On-The-Job Training: ongoing Classroom Training: 32 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | We help you find a prime location, and secure the financing you need. We will be there all the way, and will design your location with both style and distinction. We supply you with all the necessary furniture, equipment and full inventory of both professional and retail products. When the store is ready to open we provide you with an aggressive marketing campaign, to reach out and achieve awareness in your area. You receive head office call center support for all your client appointment bookings, and are supported by our unsurpassed membership loyalty program. We go all the way for you at Spasation, and continue with full training, and marketing support every year. |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | No | - |
Join a Franchise that:
* Is Recession Resistant
* Is A Leader in its Category
* Does not require previous experience
* Has a low investment
* Offers Single & Multi-Unit Development Opportunities
Owning a Fantastic Sams Hair Salon franchise is a great investment because:
* The hair care business is large, growing, recession resistant and immune to technology or other competitive forces. Hair is always growing and the demand for more services and personal attention by today's consumer creates a great opportunity for the right hair salon business model. The American Salon's Green Book, the bible of the salon business, cites numerous hair care business trends that greatly favor the Fantastic Sams hair salon franchise model
* As a leading hair salon franchise, Fantastic Sams Hair Salon has been featured in some of the top industry and business publications
o Entrepreneur Magazine
o Franchise 500 - #1 Full Service Hair Salon Franchise; #50 overall
o Franchise Times - #54 of Top 200 Franchises
o Black Enterprise - Top Franchises for African Americans
o Poder Enterprise Magazine - Top Franchises for Hispanics
o USA Today - Top Franchises for Minorities
* You don't need to have any previous experience in the Hair Salon Business. Whether you are interested in developing single or multiple salons, as an owner of a Fantastic Sams Hair Salon Franchise, each day you'll work on your business, not in your business. Using your skills in marketing, employee relations, and business management, you dictate the success of your salon or salons.
* In the hair care business, Fantastic Sams Hair Salon fills a large niche that no one else is exploiting - the full-service salon at reasonable prices. And with a low initial investment, owning a Fantastic Sams Hair Salon Franchise is a great business decision.
Spasation Salons and Spas are proud to be serving Edmonton Alberta with six locations. We offer the finest skin and haircare products, innovative services, and professional consultants. Spasation prides itself upon offering our guests a place of profound rest and deeply felt rejuvenation, and an unforgettable experience for the mind, body, and soul. Spasation continues to grow and we have expanded into medical spa treatments. We are looking for individuals with a passion for the 'Cosmetology Industry', and who have previous success in business and life endeavors. We need people with the ability to make good business decisions and effectively lead a team to provide customer service excellence. Spasation will provide the training and tools that you need to launch your business and will provide ongoing operational and marketing support. We will be with you all the way, guiding you on your road to success.