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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

The franchisor provides 120 hours of initial training-well above the Personal Care norm-signaling strong operator support, but its 73 company-owned units, an unusually high share for the segment, raise concern that corporate expansion may take priority over franchise growth and long-term franchisee commitment.

Pros

120 hours of initial training - well above the typical level for Personal Care - shows the franchisor invests heavily in preparing new operators and signals strong operational support.
0 outlet terminations and 0 non-renewals - unusually low for Personal Care - indicates strong franchisee retention and fewer unexpected exits to contend with.
Franchisee right of first refusal is granted (rare - only ~10.7% of peers) - gives you priority on nearby or available locations, which helps protect and grow your territory and supports future exit value.

Cons

73 company-owned units - exceptionally high for Personal Care - suggests the franchisor may favor corporate expansion over franchise growth and raises questions about their long-term commitment to franchising.
2 reacquired outlets - higher than typical for the segment - indicates some franchisees have exited the system, signaling operator turnover that merits further investigation.

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.

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.

Interested in Floyd's 99?

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