factual

Who is the current designated supplier for network as a service for Floyds 99?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

You will purchase some equipment for your Barbershop, a barber pole, barber chairs, waiting area chairs, hair care supplies and products for retail sale directly from our designated suppliers of these items or through purchasing arrangements we have negotiated. You will also purchase the signs for the exterior of your Barbershop from our designated sign vendors, including neon signs. We require that you purchase information technology services from our designated or approved vendors. Vector Security is currently our designated supplier for network as a service. You can purchase or lease the rest of your equipment, a back office computer, accounting software, credit card processing services, hair accessories and other inventory, supplies, printing services for marketing materials and in-shop signs, and services used, sold or leased through your FLOYD'S 99 Shop only from suppliers designated or approved by us in advance. You must only purchase, lease, sell or use equipment, computers, inventory, supplies and services meeting our standards and specifications. On or before your commencement of our initial training program, or during the lease negotiations phase for a second or subsequent Barbershops, we will make available to you a list of our designated and approved suppliers, the standards and specifications for items to be used, sold or leased by you through your FLOYD'S 99 Shop, as well as our criteria for approving a supplier. We reserve the right to require you to purchase certain items of specified furnishings, supplies, inventory or equipment directly from us or Holdings if we purchase such items in bulk.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–29)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, franchisees are required to purchase information technology services from designated or approved vendors. As of the FDD date, Vector Security is the designated supplier for network as a service.

This means that if you become a Floyds 99 franchisee, you must use Vector Security for your network as a service needs. Floyds 99 maintains the right to change or approve other vendors, so this could change in the future.

It is important to note that Floyds 99 also requires franchisees to purchase other equipment and services from designated or approved vendors, including barber shop equipment, signage, and information technology services. The FDD states that Floyds 99 will provide a list of designated and approved suppliers during the initial training program or lease negotiations for subsequent barbershops.

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.