Does Floyds 99 charge for the initial training of the franchisee and Principal Manager?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
supplies, and completing your training. The development schedule for multiple FLOYD'S 99 Shops will be agreed to when we sign the Development Agreement.
Training Programs.
Before opening your Barbershop, you and your Principal Manager must attend and you or your Principal Manager must complete, to our satisfaction, the initial training program. We do not charge you for training two individuals, and you may request permission to send additional managers to the initial training program if there is space for additional people, after giving first priority to new franchisees. You will pay the travel, living expenses and wages for you and your employees who attend the training session. The initial training program may include reading materials or self-study completed in your home office,
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verbal instruction, computerized slides, videotaped or written materials as part of the classroom training, plus on-the-job training in a FLOYD'S 99 Shop. The purpose of the initial training program is to provide instruction relating to the FLOYD'S 99 standards and specifications, trademark protection and brand consistency across FLOYD'S 99 locations. Overall, our initial training program consists of approximately 4 hours of home study, four days of classroom instruction at our headquarters in Greenwood Village, Colorado, plus 7 to 10 days of on-the-job training in Barbershops at or near our corporate headquarters in Greenwood Village, Colorado, or another location that we may designate. You will attend initial training immediately after you sign your first Franchise Agreement and the Development Agreement. You will receive prework and homework to complete throughout the New Franchise Training Program. We also recommend that you attend the opening of a new Barbershop, if scheduling permits. We reserve the right to provide all training described herein via remote online classes or live video conference.
If you are opening your first FLOYD'S 99 Shop, we provide up to five days of follow-up, on-site training and opening assistance at your Barbershop to you, at a mutually agreed upon time at or around opening, to assist you in the opening of your Barbershop. This opening assistance may be provided by one or more individuals on non-consecutive days. You or your Principal Manager must be on-site at your Barbershop for at least 10 days after the Barbershop opens and, if this is your first FLOYD'S 99 Shop, present for all of the opening assistance provided by us.
As often as twice annually, you or your Principal Manager may be required to attend, at your expense, a national convention or a manager retreat which may include mandatory training sessions.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–38)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the franchisor does not charge a tuition fee for the initial training program for two individuals, typically the franchisee and the Principal Manager. However, the franchisee is responsible for covering all travel, living expenses, and wages for themselves and their employees while they attend the training.
If a franchisee hires a new Principal Manager after the barbershop opens, that person must attend the initial training program, and Floyds 99 will charge a tuition fee of $3,500 for the training. The franchisee is also responsible for covering the wages, travel, and living expenses for the Principal Manager and all other managers while they attend training and retreats.
The initial training program for Floyds 99 consists of approximately 4 hours of home study, four days of classroom instruction at their headquarters in Greenwood Village, Colorado, and 7 to 10 days of on-the-job training in barbershops at or near their corporate headquarters or another designated location. The New Franchise Training Program includes approximately 5 days of in-shop instruction, 5 days of in-class training at the principal offices, and 5 days of on-site training at the franchisee's barbershop if it is their first location.