What does Article 7 of the Floyds 99 Franchise Agreement cover?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
7. DEVELOPMENT ASSISTANCE
7.1 Franchisor's Development Assistance. The Franchisor, or its designee, shall provide the Franchisee with assistance in the initial establishment of the FLOYD'S 99 Shop as follows:
- a. Provision of the initial training program to be conducted at the Franchisor's designated training facilities or at another location designated by the Franchisor, as described in Article 6 above.
- b. Provision of assistance from the Franchisor's designated site selection service provider that shall include, without limitation, one on-site visit to the market area by a representative who will assist the Franchisee with specifications for space requirements, build out and the demographics and character of the surrounding market area. The Franchisee acknowledges that the Franchisor shall have no other obligation to provide assistance in the selection and approval of a Franchised Location other than the provision of such assistance from the Franchisor's designated provider, and approval or disapproval of a proposed Franchised Location, which approval or disapproval shall be based on information submitted to the Franchisor in a form sufficient to assess the proposed location as may be reasonably required by the Franchisor.
- c. Design plans and specifications, directives regarding the required construction, conversion, design and decoration of the FLOYD'S 99 Shop premises, plus services from the Franchisor's designated suppliers, if any, regarding specifications for signs, decor, color, products, inventory, software, equipment, furnishings and layout.
- d. Information regarding the selection of suppliers of equipment, inventory, items and materials used, hair care products and merchandise offered for sale in connection with the FLOYD'S 99 Shop. The Franchisor shall make available to the Franchisee a list of designated and approved suppliers, if any, of such equipment, inventory, items, materials, products, merchandise and, if available, a description of any regional or central purchase and supply agreements offered by such designated and approved suppliers for the benefit of FLOYD'S 99 franchisees.
- e. Provision of an operations manual in accordance with Section 8.1 below.
- f. The Franchisor will assist the Franchisee in the grand opening and grand opening marketing of the FLOYD'S 99 Shop.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Article 7 of the Franchise Agreement details the development assistance that Floyds 99 provides to franchisees during the initial establishment of their shop. This support encompasses several key areas to help franchisees get their business up and running.
Specifically, Floyds 99 offers an initial training program conducted at their designated training facilities or another location they specify, as detailed in Article 6. They also provide assistance from a designated site selection service provider, including an on-site visit to the market area. This representative will help the franchisee with space requirements, build-out specifications, and understanding the demographics of the surrounding market area. However, the franchisee is ultimately responsible for selecting and securing their location, with Floyds 99 having the right to approve or disapprove the proposed location based on submitted information.
Furthermore, Floyds 99 provides design plans and specifications for the construction, conversion, design, and decoration of the shop premises. They also offer services from designated suppliers regarding specifications for signs, décor, color schemes, products, inventory, software, equipment, furnishings, and layout. Franchisees also receive information regarding the selection of suppliers for equipment, inventory, materials, hair care products, and merchandise, including a list of approved suppliers and any regional or central purchase agreements they offer. Finally, Floyds 99 provides an operations manual and assistance with the grand opening and grand opening marketing of the shop.