factual

Can Floyds 99 charge a tuition or fee for training replacement managers for a Floyds 99 franchise?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

ucts and services a FLOYD'S 99 Shop sells, including requirements for special offers, discounts and promotions. (Section 9.1(d) of the Franchise Agreement)

  • Train replacement or additional Principal Managers and Barbershop managers in the initial training program, as applicable, during the term of the Franchise Agreement. We reserve the right to charge a tuition or fee, commensurate with our then current published prices for such training, payable in advance. You are responsible for all wages, traveling and living expenses incurred by your personnel during training programs. The availability of the training programs is subject to space considerations and prior commitments to new franchisees. (Sections 6.2, 6.3 and 9.1(e) of the Franchise Agreement)

  • Provide you with, or otherwise make available, any updates, changes or modifications to the Operations Manual and or other manuals and support materials that are related to the operation of your Barbershops. You are responsible for making sure that you continually update your manual(s) once we have made such updates or revisions available to you. (Section 8.3 of the Franchise Agreement)

  • Conduct inspections of your Barbershop, its operations, the services rendered within the Barbershop and your equipment, as we deem advisable in our sole discretion, to evaluate your compliance with our brand standards. (Section 14.3 of the Franchise Agreement)

  • We administer a National Marketing Fund for the benefit of all Floyd's 99 Barbershops. We also review for approval any local or regional advertising proposed by you. (Sections 13.2, 13.3 and 13.4 of the Franchise Agreement)

  • Review proposed transferees of your franchise business for approval.

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, Floyds 99 does reserve the right to charge tuition or fees for training replacement or additional managers. The amount charged will be commensurate with their then-current published prices for such training, and this fee is payable in advance.

If a franchisee hires a new Principal Manager after their Barbershop opens, that person must attend the initial training program, and Floyds 99 will charge tuition of $3,500 for the training. The New Franchise Training Program consists of approximately 5 days of in-shop instruction and tasks in an existing shop location, approximately 5 days of in class training at their principal offices in Greenwood Village, Colorado, and approximately five days of on-site training at the franchisee's Barbershop (if they are opening their first Barbershop) under the instruction of their Principal Manager.

The franchisee is responsible for all wages, traveling, and living expenses incurred by their personnel during training programs. The availability of training programs is subject to space considerations and prior commitments to new franchisees. Floyds 99 also requires the franchisee or their Principal Manager to attend, at their expense, a national convention or a manager retreat as often as twice annually, which may include mandatory training sessions. They may also require the franchisee, their Principal Manager, and other designated management-level employees to attend, at their expense, local or regional seminars or meetings in person up to two times each calendar year.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.