Fantastic Sams Hair Salons vs The Weave Shop Franchise Comparison

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

Start-Up Costs and Fees

 
Fantastic Sams Hair Salons Franchise
The Weave Shop Franchise
Investment $215,000 - $479,000$94,200 - $136,900
Franchise Fee $30,000$20,000
Royalty Fee $362+/wk.6%
Advertising Fee $142/week-
Year Founded 19742008
Year Franchised 19762011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Varies-


Business Experience Requirements

 
Fantastic Sams Hair Salons Franchise
The Weave Shop Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Fantastic Sams Hair Salons Franchise
    The Weave Shop 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
    The Weave Shop 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
    The Weave Shop Franchise
    US Expansion YesYes
    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 The Weave Shop

    The Weave Shop is an express service salon specialized in hair weave and braids. The Weave Shop Franchise model is designed to build a brand and a profitable operating system for each franchise partner that allows a specialized, fun atmosphere focusing on this industry niche. It is the mission of The Weave Shop to provide quality hair care services at an affordable price, while providing good paying jobs to our employees and enhancing the communities we service. We are open 7 days a week. Check your location for appointment and walk-in days. You are welcome to walk in for a free consultation during our business hours. Unfortunately we cannot allow children unless being serviced. Latonya Saunderson, founder and co-owner of The Weave Shop (TWS), is a dynamic entrepreneur whose innovative weaving technique is revolutionizing the industry. She discovered her true calling, working for a hair salon in the Atlanta area. Feeling so inspired, Saunderson decided to open her own salon. Coming from a family of entrepreneurs made starting a business easy for Latonya. With an undeniable passion for hair care and the beauty industry and by building upon a successful idea, the "express weave service," The Weave Shop (TWS) was born. Latonya, who is a licensed cosmetologist since 1994, wanted to provide clients with a reasonable and cost effective way to enjoy a great style - to look great for less! "There is no reason to pay hundreds of dollars for extensions, at The Weave Shop the base price for our service is just $50," says Saunderson. After opening the doors in a small office space (400 sq ft), with herself styling and a braider, Saunderson within four months outgrew the space and moved to a larger location in the Atlanta area. With the opening of her first storefront in Decatur, GA, her brother Kevin and his wife Sharmeela, embraced her vision and TWS's potential and became business partners. Kevin is the President of the franchise entity. Sharmeela is the Creative Director of the company, while Latonya still develops hairstyle process. This dynamic combination and joining of minds helped to transform TWS into a family owned business. Understanding the need to pass on her entrepreneurial skills to her daughter, Ijaaz Saunderson, an inspiring model and hairstylist in her own right, Latonya brought her into the business, serving the joint role of model and hairstylist: she is one of the faces of TWS and a top stylist. Another face of TWS is Latonya's sister Michelle, making TWS truly a family owned and operated business. Currently, in addition to the five locations in Georgia, with one opening soon, there are two locations in New Jersey, and four open in Michigan with two opening soon. "I want The Weave Shop to be all over the country", says Saunderson. With celebrity endorsements from VH1's Basketball Wives reality star Jennifer Williams, Atlanta's own Tiny (from Escape and Tiny and Toya), Risky (winner of Charm School), and Sarah Stokes (Making of the Band season 2), in addition to the Musical group OMG, The Weave Shop is the fastest growing hair extension salon in the United States. As the business continues to grow franchising opportunities will be made available. Ambitious, goal oriented, a vibrant personality and warm spirit, is what makes Latonya Saunderson the leader in her field today.