SOURCE: Fantastic Sams

Fantastic Sams

March 17, 2015 09:52 ET

Fantastic Sams Salon Franchise Lands in Top 10 Beauty and Fashion Franchises

Iconic Full-Service Salon Franchise Places No. 4 on Franchiserankings.com Annual Survey

BOSTON, MA--(Marketwired - Mar 17, 2015) - The Fantastic Sams salon franchise, a longtime national leader in the hair salon industry, was recently named one of the nation's Top 10 beauty and fashion franchises by Franchiserankings.com.

Franchiserankings.com is a leading provider of independent reviews and ratings on franchises around the world. As a part of its annual rankings, the company works with hundreds of franchises, ranking them in many sectors -- from green and eco-friendly franchises to pizza chains to education franchises. The company's researchers make on-site visits, giving franchises the chance to showcase their key strengths and competitive advantages.

"The franchises we select for our evaluation process are those which provide exceptional brand value and profitability," FranchiseRankings.com said on its website. "We aim to recommend the absolute best and as a result are critical of each and every franchise being considered for the evaluation process. The direct result of this practice is a list of recommendations consisting of franchises which not only produce a strong brand image but are also brand names which lead their industry in vision and innovation."

Analysts at Franchiserankings.com spend in-depth time with franchises to study their management, marketing and other core business areas. They also take a close look at how the company communicates with its franchisees and how much attention is put into the finer details of day-to-day operations within its franchises.

Fantastic Sams was the first national hair salon franchise and has grown to more than 1,100 locations over the past four decades. Unlike most discount haircut franchises, Fantastic Sams offers a full range of salon services, including haircuts and trend-right styles, color and facial waxing, all of which help generate higher tickets and margins. Fantastic Sams invented the no-appointment-needed hair salon and continues to be the industry leader for affordable, trend-right hair salon services.

"There's a reason why Fantastic Sams wins so many industry awards," said Linda Chadwick, chief operating officer of Fantastic Sams. "We make it easy to get in and stay profitable with constantly evolving support services, as well making sure our stylists stay competitively skilled."

In late 2014 the salon franchise launched "Brand Evolution," a top-to-bottom rejuvenation of the 40-year-old Fantastic Sams brand. The ongoing campaign includes new haircutting systems, color and product lines, an upcoming store redesign and an entire range of new franchise support systems designed to help franchisees compete with value haircut chains.

"Hair care is a highly stable and attractive industry for franchise investment, and we already have a loyal following and a much higher average ticket price than our direct competitors," Chadwick said. "Our new Brand Evolution will make Fantastic Sams the No. 1 hair salon in the country."

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