What is covered under Article 16 of the Floyds 99 Franchise Agreement?

According to the 2025 Floyds 99 Franchise Disclosure Document, Article 16 of the franchise agreement pertains to the licensing of certain proprietary software. Specifically, franchisees are required to license and utilize a point-of-sale system and/or software in their barbershops, and this software must be obtained from Floyds 99, its affiliates, or designated suppliers.

This requirement has several implications for prospective franchisees. First, it ensures that all Floyds 99 locations operate using a standardized system for managing sales and other business operations. This can help to maintain consistency across the brand and provide Floyds 99 with valuable data about the performance of individual locations and the franchise system as a whole. Second, franchisees will incur ongoing license fees for the use of this proprietary software, which will impact their operating expenses.

Finally, franchisees may be required to purchase compatible computer hardware from Floyds 99 or its designated suppliers to operate the point-of-sale system and software. This ensures compatibility and standardization but may limit the franchisee's ability to shop around for the best prices on hardware. Prospective franchisees should carefully consider these requirements and associated costs when evaluating the Floyds 99 franchise opportunity.