Am I responsible for the cost of construction for my Floyds 99 shop?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Provide you with design plans and specifications for your site and our standards and specifications for the leasehold improvements, signs, color, decor, products, inventory, equipment, POS system, computer hardware and software and displays.
We must approve your construction plans and specifications before construction begins.
You are responsible for the cost of plans prepared by an approved contractor and by your local architect, for any second review of your construction plans by us, if necessary, and for the cost of construction. (Sections 5.3, 5.4, 5.5, 5.6, 5.7 and 7.1(c) of the Franchise Agreement)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–38)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, as the franchisee, you are indeed responsible for the costs associated with the construction of your shop. Floyds 99 will provide the design plans and specifications for your site, including standards for leasehold improvements, signs, color schemes, décor, products, inventory, equipment, the POS system, computer hardware and software, and displays. However, you must cover the expenses for plans prepared by an approved contractor and your local architect.
Furthermore, if Floyds 99 deems it necessary to conduct a second review of your construction plans, you will be responsible for that cost as well. The most significant expense will be the overall cost of construction itself, which falls under your responsibility.
This arrangement is fairly standard in the franchise industry, where franchisees typically bear the costs of building out their locations to meet the franchisor's specifications. It's crucial to factor in these construction costs when evaluating the overall investment required to open a Floyds 99 franchise.