Are you looking for beauty salons for sale? At Fantastic Sams, we totally get it! The hair and personal care industry is not just a lucrative industry; it’s also a place where passionate business owners can make their mark, lift their employees up, and make their customers feel fantastic!
We also understand the urge to be in business for yourself. It’s a dream for many people to have greater control of their future. The astute entrepreneur will consider multiple types of investment options in becoming a salon owner.
Is it smarter to purchase that salon for sale? Or perhaps franchising with a legacy brand like Fantastic Sams has benefits that might be the best of both worlds.
The Benefits and Drawbacks of an Independent Beauty Salon for Sale
Many first-time salon entrepreneurs begin with dreams of opening a start-up or perhaps purchasing a beauty salon for sale from someone moving on to other things. There’s no doubt, being an independent business owner has its privileges.
You are Your Own Boss
As an independent hair salon owner, you set the rules. You make the schedule. You create the services you’ll provide. Your salon is your vision, and it’s a joy to share that with your stylists and clients alike.
You Create the Vibe
The atmosphere of your salon is yours to set, and it can be as upbeat and exciting or as chill and relaxing as you desire. The vibe can also determine, among other things, how people perceive the value of your services, which can help you decide your price points. If your vibe is more upscale, you can set a more exclusive (read: higher) price point. If you’re going for more family-friendly, you may wish to set your prices at levels a family of four or five would be comfortable paying.
You Build the Relationships
One of the best parts of finding a beauty salon for sale is the people. Many stylists are social by nature, and owning a salon doesn’t change that. Not only can you hire staff that fit in well with the culture you’re creating, but you still get to curate your client relationships for those bonds you love as a stylist.
There are also some drawbacks to purchasing that beauty salon for sale by yourself. Owning a business is a big step, and while there are, of course, all the advantages mentioned above, there are, inevitably, some difficulties.
You Assume the Risk
This is the big one. You’re responsible for the salon’s success or failure, and that’s a big responsibility. Your brand could be very well received, or it could simply never catch a foothold. Several factors influence this, from location, nearby businesses, salon saturation in the neighborhood, and more. It’s a big undertaking and needs to be carefully planned.
You’re Solely Responsible for Operations
While yes, this is a big part of the freedom of being the boss—you get to be the one to choose everything—the deal is, you’re responsible for choosing everything. The services, products, technology tools, salon hours, stylists who work with you, marketing, and every other operational decision. It’s all on you, and that can wear even the savviest, bright-eyed entrepreneur down sometimes.
That’s not to say buying that beauty salon for sale is necessarily a bad thing. For thousands of business owners across the US, it works. But what if you could have more support without giving up the independence of business ownership? Now, there’s an idea.
I’ve Already Found a Beauty Salon for Sale. Why Should I Buy a Franchise?
Let’s consider this idea for a moment, purchasing a franchise rather than an independent beauty salon for sale. What are you really getting?
First, when you sign a franchise agreement with a beauty salon for sale of your choice, what you’re investing in is the franchise business model. That means the franchise has done all the hard work for you. Not only that, you’ll immediately meet a franchise development team that has the same goal you do: make your franchise location flourish. The beauty of it? They’ve done this before, so they can help you answer so many questions.
The business plan is done. The research for what kind of neighborhoods best support the franchise locations is at your disposal, so you can find a suitable location that’s already going to best benefit your salon.
What about permits and licensing for the beauty salon for sale I’ve chosen to invest in? Your franchise development team can tell you exactly what you need to get set up. Suppliers for the products your franchise will sell? Those relationships are already built. You just need to be introduced to the reps in your area so you can get your first orders started.
Hiring? Your development team can give you advice on where to find the best people, and how to quickly hire them. Then, you’ll all be given training from the franchise so everybody works from the same operations manual.
Technology tools that handle your scheduling, payroll, accounting… it’s all vetted, and they’ll show you how to use it.
Marketing to spread the word about your franchise salon’s grand opening to the community? That part is covered, too! Wow, right?
The franchise business model is the blueprint for the franchisee to follow to bring their franchise location through the opening phase and into daily operations where they’re ready to thrive and serve their customers. A good franchise continues to support franchisees beyond opening day so the business thrives and builds a quality reputation and word-of-mouth continues to grow.
That’s so much more than finding a beauty salon for sale and going it alone. You just want to make sure you sign with a brand that speaks to you and has a good reputation.
The Benefits of a Fantastic Sams Franchise
As far as legacies go, you can’t get much better than Fantastic Sams. For nearly 50 years, we’ve made a name for ourselves in the beauty business by creating a vibe out of value. Our brand puts people first, before everything, and it shows.
Fantastic Sams inspires, develops, and empowers our franchisees, and we’ve created careers and lifestyles not just for our franchise owners but also for our stylists. Many who started with us as stylists have become Fantastic Sams franchisees.
As a household name that families trust, Fantastic Sams is a franchise brand that has secured our position in the market as a provider of affordable quality while adapting to today’s trends and techniques. We’re so much more than a beauty salon for sale. We’re a powerhouse in the beauty industry.
We’re looking for financially qualified individuals to become franchisees that we can support with:
- Location guidance
- Thorough training
- Daily operations with access to our confidential operations manual
- On-site pre-opening launch assistance
- Ongoing training and periodic support visits
- Marketing support and collateral, including website and social media guidance
- Support with established vendors
- Technology tools for POS systems, accounting, and data reporting
These are compelling reasons to become a franchise owner with Fantastic Sams, an empowering brand that offers support every step of the way. Finding beauty salons for sale and going it alone just seems so… well, lonely.
Find out how we can support you as a Fantastic Sams franchise owner. Contact us today.