According to the agreement, what does Floyds 99 grant the franchisee the right to do?

According to the 2025 Floyds 99 Franchise Disclosure Document, the franchisor grants the franchisee the right to use the Marks and Licensed Methods in connection with the establishment and operation of one Floyds 99 shop, at the location described in Section 3.1 of the Franchise Agreement. The franchisee must use the Marks and Licensed Methods, which may be changed or improved by Floyds 99, in accordance with the terms and conditions of the agreement.

This means a franchisee is authorized to operate a Floyds 99 barbershop at a specific, approved location, utilizing the brand's trademarks and operational methods. However, this right is contingent on adhering to the standards and procedures set by Floyds 99, which may evolve over time. The franchisee is essentially licensing the Floyds 99 brand and system for a particular location.

The franchisee's rights are limited to the specific franchised location and are subject to Floyds 99's control over its Marks and Licensed Methods. The franchisee must stay up-to-date with any changes or improvements Floyds 99 makes to its system and incorporate them into their business operations. This ensures consistency across all Floyds 99 locations and protects the brand's reputation.

It is important to note that the franchisee's right to operate is tied to a specific location. If the franchisee wishes to relocate, they must obtain Floyds 99's approval, which may involve additional fees and compliance with site selection procedures. The franchisee is also restricted from operating any other business or offering non-approved services or products at the Floyds 99 shop.