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Floyd's 99®

Personal Care • Year: 2025
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What Is Floyd's 99?

Floyd's 99 is a franchise of retail hair care barbershops operating under the FLOYD'S 99 trade name. The operational model is brick-and-mortar, with Shops typically located in leased retail space of about 1,200–1,600 square feet designed to attract walk-in client traffic. It serves individual consumers (primarily male clientele) and offers a core service bundle of stylish, professional haircuts, barber-specific services (e.g., face shaves), hair color and facial waxing, plus on-site retail of grooming products.

Floyd's 99 Franchise: Pros and Cons

A key strength is the franchisor's stability-0 outlet terminations and 0 non‑renewals (both bottom 5% for Personal Care), plus no enforcement actions, indicating low legal and operational friction; a major risk is the franchisor's 73 company‑owned units (top 5%), which can limit franchise growth and favor corporate expansion.

Pros

120 hours of initial training (top quarter for Personal Care) shows the franchisor invests heavily in operator readiness, which shortens your ramp-up and reduces trial‑and‑error on day one.
0 outlet terminations and 0 outlet non‑renewals (both bottom 5% for Personal Care), together with no franchisor enforcement actions, judgments, settlements, or government penalties (all bottom 5%), indicate a low‑conflict system that lowers legal and operational friction.
The franchisor grants a Right of First Refusal (uncommon-only 12% of Personal Care franchises have this), giving you priority on nearby resales and a stronger chance to expand or control competing openings locally.

Cons

73 company‑owned units (top 5% for Personal Care) means the franchisor operates a very large corporate fleet, which can limit franchise growth opportunities and suggests the company may favor corporate expansion over selling new franchise territories.
2 reacquired outlets (top quarter for Personal Care) indicates above‑typical franchisee exits/reacquisitions, which points to some operator turnover you should investigate further.

Lawsuits & Legal Risk

100
Excellent

Floyd's 99 - The Facts: Employees sued a franchisee alleging employment violations and claimed Floyd's 99 Franchising was a joint employer; parties resolved via a modest settlement and the case was dismissed without prejudice. The Advice: Review operational control, labor obligations, insurance and Item 12 protections; request settlement terms and training/supervision policies to assess joint-employer exposure.

Territory Protection

43/100
NORMAL

Floyd's 99 grants a site-specific protected territory-typically a one-mile radius or local boundaries-around an approved Franchised Location within a non‑exclusive designated area, conditional on compliance and performance quotas; the franchisor retains rights to sell via e‑commerce/alternative channels, operate or license captive‑audience venues (15‑day first refusal), and require relocation consent.

Training & Support

95
Good

The brand provides a robust 120-hour training curriculum designed to prepare two franchisee-designated staff for launch. The program includes on-site launch support to assist with operational readiness; franchisees are responsible for travel and living expenses, and on-site assistance is offered for an additional fee.

How Much Does It Cost to Open a Floyd's 99 Franchise?

Opening a Floyd's 99 franchise requires a total initial investment of $399,500 to $767,500, according to the 2025 Franchise Disclosure Document. This range covers the franchise fee, real estate, equipment, training, and initial working capital needed to launch and operate through the early months.

Minimum Investment

$399,500
Minimum Investment Breakdown
Franchise Fee
Real Estate
Equipment & Assets
Reserves
Training
Other

Maximum Investment

$767,500
Maximum Investment Breakdown

Minimum Investment Breakdown

Franchise Fee$49,500
Real Estate$185,000
Equipment & Assets$84,000
Reserves$40,000
Training$4,000
Other$37,000

Maximum Investment Breakdown

Franchise Fee$49,500
Real Estate$400,000
Equipment & Assets$184,000
Reserves$71,000
Training$8,000
Other$55,000

Investment Analysis

This investment analysis is coming soon. Have ideas for other analyses you'd like us to add? Get in touch.

The initial investment amounts shown are estimates only. Actual costs may vary based on location size, business model, and multi-unit ownership arrangements. We recommend reviewing the full Franchise Disclosure Document for complete details.

How Much Do Floyd's 99 Franchise Owners Make?

Floyd's 99 franchise locations reported average gross sales of $980,036 and median gross sales of $954,156 in 2025, based on financial performance data disclosed in Item 19 of the Franchise Disclosure Document.

Average Gross Sales:
$980,036
Median Gross Sales:
$954,156
High Gross Sales:
$1,916,734
Low Gross Sales:
$395,225
Sample Size:
43
Percent Attaining Average:
40.0%
Audit Status:
Unaudited
Franchise vs Corporate Performance: In 2024 mature franchised shops reported higher average annual net revenue (980,036) than company-owned shops (867,943), though the company-owned sample is larger (72 vs 43).
Performance Variability Analysis: There is substantial variability among franchised mature shops in 2024 (high 1,916,734; low 395,225) but the median (954,156) is close to the mean (980,036), indicating a modest right skew with a minority of high performers lifting the average; only 40% of shops exceeded the average.
Data Scope and Limitations: The presented figures cover only mature shops (excludes outlets in operation <1 year) and while EBITDA is reported, key P&L items like COGS and net income are not explicitly provided, and some franchised shops were excluded from certain charts for reporting noncompliance.

Frequently Asked Questions

Is Floyd's 99 a good franchise to own?

Whether Floyd's 99 is a good franchise depends on your goals, experience, and local market. Key factors from the 2025 FDD: Floyd's 99 operates 138 locations, received a legal risk score of 100/100, a training and support score of 95/100. Financial performance data is disclosed in Item 19. Prospective franchisees should review the full Franchise Disclosure Document and consult with a franchise attorney before making any investment decision.

Is a Floyd's 99 franchise worth the investment?

The value of a Floyd's 99 franchise investment depends on factors such as location, operator experience, and market demand. The initial investment ranges from $399,500 to $767,500. Floyd's 99 disclosed average gross sales of $980,036 in 2025. Franchise investments carry inherent risk, and prospective buyers should conduct thorough due diligence before committing capital.

How long does it take to break even with a Floyd's 99 franchise?

Break-even timelines for Floyd's 99 franchises are not disclosed in the 2025 Franchise Disclosure Document. Break-even periods vary significantly based on initial investment level, local market conditions, operating costs, and revenue ramp-up speed. Prospective franchisees should build a pro forma financial model using Item 7 cost estimates and, where available, Item 19 financial performance data from the FDD.

Is Floyd's 99 a franchise or a corporate-owned business?

As of the 2025 FDD, Floyd's 99 operates 65 franchised locations and 73 company-owned locations. Franchise opportunities are available through the franchisor's disclosure process.

Report generated on May 05, 2026 at 02:21 PM

ZeeReport does not audit the information it receives and does not independently verify the information in every instance.

Prospective franchisees should consult the original Franchise Disclosure Document before making any investment decision.

Data is extracted via automated AI tools. Inaccuracies or omissions are possible due to the nature of the technology.

This report is for informational purposes only and does not constitute legal, tax, financial, investment, or other professional advice.

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