Besides the designated vendor arrangement, does Floyds 99 have any purchasing or distribution cooperatives?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
We have a purchasing arrangement with a designated vendor to supply FLOYD'S 99 Shops with certain retail products, salon supplies and equipment. Although rebates are available under this purchasing arrangement, in fiscal year 2024 we did not receive any rebates under this arrangement or any other arrangement based on purchases by franchised and affiliate-owned Barbershops. Other than this arrangement, we have no purchasing or distribution cooperatives, although we may establish pricing programs with certain suppliers based on volumes purchased. You should not rely on the continued availability of any particular pricing or distribution arrangement, nor the availability of any particular product or brand in deciding whether to purchase the franchise. Periodically, we may negotiate other purchase arrangements with suppliers for the benefit of our franchisees. FFL and Holdings have the right to receive payments from suppliers on account of their dealings with you and other franchisees. During the 2024 fiscal year, neither FFL nor Holdings received any payments from suppliers as a result of franchisee purchases in 2024. We may, in our discretion, retain the credit of any volume discounts, rebates or
incentives received as a result of your purchases, use them for training purposes or contribute them to the National Marketing Fund.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–29)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, besides the designated vendor arrangement, Floyds 99 does not have any purchasing or distribution cooperatives. However, Floyds 99 may establish pricing programs with certain suppliers based on volumes purchased. The FDD cautions prospective franchisees not to rely on the continued availability of any particular pricing or distribution arrangement, or the availability of any particular product or brand, when deciding whether to purchase the franchise.
Floyds 99 has a purchasing arrangement with a designated vendor to supply shops with certain retail products, salon supplies, and equipment. Although rebates are available under this purchasing arrangement, in fiscal year 2024, Floyds 99 did not receive any rebates under this arrangement or any other arrangement based on purchases by franchised and affiliate-owned Barbershops.
Floyds 99 retains the right to negotiate other purchase arrangements with suppliers for the benefit of its franchisees. FFL and Holdings have the right to receive payments from suppliers on account of their dealings with franchisees. During the 2024 fiscal year, neither FFL nor Holdings received any payments from suppliers as a result of franchisee purchases in 2024. Floyds 99 may, at its discretion, retain the credit of any volume discounts, rebates, or incentives received as a result of franchisee purchases, use them for training purposes, or contribute them to the National Marketing Fund.