Franchimp Summary Rating
Higher than 72% of peers
Franchise Summary
Description
Floyd’s 99 Franchising, LLC is offering franchises for the operation of retail hair care businesses operated under the service mark “FLOYD’S 99” and featuring haircutting, coloring and barbering provided to clients in a modern atmosphere by a staff of well-trained, licensed professionals.
Company Background
Since opening its first location in 1935, Floyd's 99 has been the go-to for men and boys who need a haircut or straight-razor shave. We are now franchising our business model across the country. With over 80 years of experience under our belt, we have an extensive staff that is well trained to provide you with just what you need--whether it be a traditional cut, trendy color job or even a hot shave!
Franchise Opportunity
In the hair care industry, it can be tough to find a salon that you trust with your look. You want to feel confident in the hands of your stylist, but it can be hard to know who to choose. How do you know if they will give you the style you want? Will they understand your hair type? What about color? Floyd's 99 is here to provide you with a professional and reliable hair care experience. We offer a wide range of services from haircuts and color to barbering, all provided by licensed professionals in a modern and comfortable setting. You can trust us with your look.
Corporate Structure
Floyd’s 99 Franchising, LLC was formed on February 23, 2005 as a Colorado limited liability company. Their principal offices are located at 5340 S. Quebec Street, Suite 205N, Greenwood Village, Colorado 80111.
Franchise Types Available
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Employee Contact Database
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Floyd's 99 Franchise System Development in 2024
FAQ
How much investment do I need to start my own Floyd's 99 business?
Franchisees typically require at least $399,500 to $767,500 investment to get their Floyd's 99 business started
What are the initial franchise fees for Floyd's 99?
Franchisees typically need to pay at least $49,500 in fees directly to Floyd's 99 in order to earn the right to launch their business
How much money can I make with a Floyd's 99 franchise? What are
the average revenues for a typical Floyd's 99 business?
We haven’t done the math on how much revenue a typical
Floyd's 99 brings in each year. We estimate that other
franchisees in the Health & Fitness industry generate
$544,621 revenue, so we would expect
Floyd's 99 to generate a similar amount
How long do I need to commit to running a Floyd's 99 unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$399,500 to $767,500
which is
Much Higher
than the $0 to $0 average in the Beauty related services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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