Fantastic Sams Hair Salons vs Bishops Barbershop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fantastic Sams Hair Salons vs Bishops Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fantastic Sams Hair Salons Franchise
Bishops Barbershop Franchise
Investment $215,000 - $479,000$213,000 - $294,000
Franchise Fee $30,000N/A
Royalty Fee $362+/wk.-
Advertising Fee $142/week-
Year Founded 19740
Year Franchised 19762008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Varies-


Business Experience Requirements

 
Fantastic Sams Hair Salons Franchise
Bishops Barbershop Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Fantastic Sams Hair Salons Franchise
    Bishops Barbershop Franchise
      In-House/3rd PartyIn-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

     
    Fantastic Sams Hair Salons Franchise
    Bishops Barbershop Franchise
    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 -
    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

     
    Fantastic Sams Hair Salons Franchise
    Bishops Barbershop Franchise
    US Expansion Yes-
    Canada Expansion Yes-
    International Expansion No-

    Company Overviews

    About Fantastic Sams Hair Salons

    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.

    Veteran Incentives  25% off franchise fee
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    About Bishops Barbershop

    Our team has many years of barbershop, retail and franchising experience. We have a hands-on approach that is delivered in our training and field support to franchisees. We work with you at each step you take in developing your Bishops Barbershop business. An end-to-end solution is provided, including Bishops' point of sale system and integrated information system. Administrative support is provided in person and on-line. We train you in how to create the Bishops mystique in your market so that you are building your own business while building our mutual brand. Your protected territory based on population and site location qualification is provided by the corporate team. A Bishops is economical in its cost of development and build-out using local off the shelf materials and supplies. We know that once customers try us, they will become regulars, because Bishops is more than a place to get a haircut; it's a lifestyle. We are a 21st century version of the old barbershops you see in the movies. People come in to hang out, talk, have a good time and get high-end salon quality services without the pretentiousness or expensive prices.