About Fantastic Sams Development Agent Program Franchise
The Fantastic Sams Development Agent Program offers a unique franchise opportunity focused on recruiting, supporting, and overseeing Fantastic Sams salon locations within a designated territory.
Operated under Fantastic Sams International Corporation and available since 2003, this program carries franchise fees ranging from $35,000 to $75,000 depending on the territory scope.
Rather than operating a salon directly, development agents serve as regional representatives who identify qualified candidates to become Fantastic Sams salon owners and provide ongoing support to those locations.
Fantastic Sams Development Agent Program Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 to $75,000 | One-time payment upon signing |
| Royalty Fee | 60% of the weekly franchise fee of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Not required to make any contribution to National Advertising Fund and Regional Advertising Fund. No minimum local advertising expenditure required. | National brand fund |
| Total Investment Range | $49,000 – $102,000 | Includes build-out, inventory, working capital |
The investment range of $49K–$102K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (60% of the weekly franchise fee) and marketing fee (Not required to make any contribution to National Advertising Fund and Regional Advertising Fund. No minimum local advertising expenditure required.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| DA Fee (Note 1) | $35,000 | $75,000 |
| Training Fee | $500 | $500 |
| Travel & Living Expenses While Training (Note 2) | $1,500 | $3,000 |
| Professional Fees (Note 3) | $3,500 | $6,000 |
| Technology System (Note 4) | $1,000 | $2,500 |
| Insurance (Note 5) | $2,000 | $4,000 |
| Miscellaneous cost (basic office supplies, business cards, broker registration fee, and other miscellaneous start-up costs) | $1,500 | $3,000 |
| Additional Funds – 3 Months (Note 6) | $4,000 | $8,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,000 multiplied by the number of Franchised Salons then currently operating in the AR Territory |
| Renewal Fee | $1,000 multiplied by the number of Salons that you agree to cause to be opened during the successor development term |
| Technology Fee | $150 per year |
| Audit Fee | Will vary under circumstances |
| Networking Fee | $150 per year |
| Interest | 18% or the highest legal rate |
| Late Payment Fee | $25 for each week (or portion thereof) |
| Supplemental Training | Our then-current per person training fee (currently, not charged), plus expenses. |
| Annual conference registration fee | Estimated to be $300 per person |
| Insurance Premiums | Estimated to be $2,000 to $4,000 (for 3 months), plus 15% |
| Costs and Attorneys’ Fees | Will vary under circumstances. |
| Indemnification | Will vary under circumstances. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Initial Franchisee Training: 3-7 days; Development Agent Training: 3-5 days |
| Classroom Training | Salon Fundamentals Course: 14-28 hours; New Owner Onboarding Agenda: 14-28 hours; Development Agent Training Program: 12-18 hours |
| On-the-Job Training | 0 hours for all listed training programs |
| Training Location | At our offices in Woburn, MA (or an alternative location) or virtually |
| Additional Training | We may require you or your employees to attend supplemental or refresher training. We may charge reasonable registration fees for individuals attending annual conferences or training summits. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Limited Territorial Protection |
| Exclusive Territory | Yes |
| Territory Size | Typically in the range of 700,000 to 1,500,000 people for developing 20 Salons, based on population density of 35,000 to 75,000 people per Salon. |
| Description | The DA Territory is a designated geographic area identified in the Development Agent Agreement. As long as you are in full compliance, we and our affiliates will not license anyone else to operate a DA Business within your DA Territory. However, we reserve the right to conduct any business activities, under any name, in any geographic area, and at any location, regardless of the proximity to or effect on your DA Business and without compensation to you (unless expressly provided otherwise). |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years (Agreement Term), with a Development Term of 5 years within it. |
| Renewal Term | 1 successor Development Term of 5 years |
| Renewal Fee | $1,000 multiplied by the number of additional Salons you agree to develop during the Successor Development Term |
| Renewal Conditions | To acquire a successor Development Term, you must: (i) be offering franchises for Development Agent Rights in the United States; (ii) you and your owners are in full compliance with all agreements; (iii) agree to any modification of the Territory; (iv) agree to a new development schedule; (v) pay the successor development term fee; and (vi) meet current financial and operational criteria for new DA Business franchisees. |
| Transfer Fee | $1,000 multiplied by the number of Franchised Salons then-currently operating in the Territory |
| Transfer Conditions | Conditions include: proposed transferee meets standards, terms and conditions of transfer are satisfactory, transferee completes initial training, all monetary obligations are paid, you are not in default, all required reports are submitted, you have offered to sell to franchisor first, financing is subordinate to franchisor, and you agree to observe post-term restrictions. |
| Termination for Cause | The franchisor can terminate for various defaults, including material misrepresentation, failure to complete training, failure to satisfy development schedule, abandonment, unauthorized transfer, conviction of certain crimes, misappropriation of confidential information, violation of laws, making unauthorized financial performance representations, failure to pay amounts owed, failure to maintain insurance, repeated breaches, or bankruptcy. |
| Non-Compete Period | During agreement term and 2 years after termination, expiration, or transfer. |
| Non-Compete Details | During the agreement term, you and your owners may not have any interest in a Competitive Business, interfere with franchisor relationships, divert business opportunities, or perform acts prejudicial to goodwill. After termination, expiration, or transfer, for two years, you and your owners may not have any interest in a Competitive Business within your DA Territory, a 5-mile radius of it, or a 2.5-mile radius of any Salon, or interfere with franchisor relationships, or provide products/services to development agents or franchisees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You must at all times faithfully, honestly and diligently perform your obligations under the Development Agent Agreement, continuously exert your best efforts to promote and enhance your DA Business and not engage in any other business or activity that may result in a conflict of interest. The DA Business must at all times be under your or your owners’ direct supervision. Each direct and indirect owner must personally guarantee obligations. |
| Required Suppliers | Currently, we are the only approved supplier of (i) the Unit Franchise Agreements, the Salon FDD and franchise sales materials, and advertising materials (collectively, the “Documentation”) that you will use to solicit franchisees for the Salons. |
| Supply Restrictions | You may have to buy or lease items from the franchisor or a limited group of suppliers the franchisor designates. These items may be more expensive than similar items you could buy on your own. In the future, we may require you to purchase certain components of the Technology System (i.e. the management software) from our designated vendors, which may be limited to us or our affiliates. We do not permit Development agents to contract with alternative suppliers. |
| Franchisor Revenue from Suppliers | As of the issuance date of this Disclosure Document (i) we and our affiliates do not derive any revenue from sale or lease of goods and services to our development agents, and (ii) we and our affiliates do not derive any revenue, rebate, or other material consideration from third-parties based on purchases or leases by our development agents; however, we reserve the right to do so in future without any obligation to share such revenue or benefit with you. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
Fantastic Sams Development Agent Program Franchise Earnings — Item 19
Fantastic Sams Development Agent Program does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Fantastic Sams Development Agent Program Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fantastic Sams Development Agent Program System Growth
Fantastic Sams Development Agent Program currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI, HI
Franchisor Financials (Item 21)
Audited by Barclais CPA, LLC for year ending December 31.
Fantastic Sams Development Agent Program Franchise — FAQ
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