Fantastic Sams offering incentives to open franchise

Written by Dave Gallagher | The Bellingham Herald | July 27, 2010

Below is a press release from Fantastic Sams, which is offering discounts for those interested in buying a franchise license:

Seattle, WA – July 27, 2010 – In this struggling economy and tight credit market, Fantastic Sams is making a radical change by offering some sizable incentives for new business owners in most markets throughout Fantastic Sams Rocky Mountain Region. For a limited time, new Fantastic Sams franchisees have the opportunity to buy a new franchise license for only $5,000 which is a $20,000* savings over the standard cost of a license and they can also save an additional $20,000* in related salon opening expenses.  These savings can total as much as a 40% to 50% cost reduction when opening new locations.  Several new salon owners have already taken advantage of this program and become a part of the 35 year old Fantastic Sams family of full service hair salons.

“With the depressed retail real estate climate, better locations are available at significantly lower lease rates than we have seen in more than a decade and we can help pass these savings directly on to our new franchisees,” said Scott Baird, Director of Market Development for Fantastic Sams Rocky Mountain Region. “It’s often touted that the hair care industry is recession resistant and we want to do everything we can to leverage this opportunity and expand our full service, family hair salon concept.”

For qualified candidates, Fantastic Sams will support the entire start-up process without the normal, up-front costs that are typically a part of opening a new salon. This support includes site selection, lease negotiations, salon space plans along with a host of other support systems to help new franchisees take full advantage of this unique opportunity.

“Fantastic Sams has been such a great business opportunity for so many of our owners over the years,” says Brent Christensen, a Fantastic Sams Rocky Mountain Regional owner. “For the right qualified candidates, in select markets, we have developed this comprehensive program that lowers the initial franchise license fee by 80%, as well as significantly lowering other start-up costs such as special supplier discounts and reduced fees. These, combined with the possibility of lower lease rates, free rent and assistance from landlords in building out the salon space, adds up to a considerable savings.  Also, Washington was just named one of the top states for access to investment capital.”

To take advantage of the Fantastic Sams 20/20 Franchise Sales program, or for further information, interested parties can contact Scott Baird at 1-800-287-3081 or sbaird@fansams.com.

About Fantastic Sams:

Fantastic Sams started in 1974 in Memphis , Tennessee , when Sam Ross opened his first salon.  In 1976 he began franchising and marketing his full service, family hair salon concept with an emphasis on “no appointment necessary” and excellent service at a great price!  Today, Fantastic Sams has over 1,300 salons nationally and provides solid support systems to keep the salons ahead of the competition.

Offer is by prospectus only and is only offered within the FSRM Inc regions within the Western USA .  Offer for a limited time only and may be cancelled at any time by FSRM Inc.

* Savings will vary by individual location and could be substantially more in some cases depending on lease terms & supplier discounts, but will be a minimum of $32,090 of controllable costs by FSRM.