What is the current hardware included in the computerized point-of-sale (POS) system that a Floyds 99 franchisee must purchase?

According to the 2025 Floyds 99 Franchise Disclosure Document, the initial point-of-sale (POS) system that franchisees are required to purchase includes specific hardware components. This system is essential for managing transactions and other business operations within the barbershop. The FDD specifies that the POS system currently includes one laptop, one desktop computer, and a desktop monitor.

In addition to the hardware, franchisees must also account for the costs of customized software and related hardware necessary for the Floyds 99 barbershop. The estimated cost for the POS system, software, office equipment, audio/video, IT, and electronics ranges from $12,000 to $25,000. Franchisees are required to pay half of these costs when ordering the items, with the remaining balance due upon delivery. Furthermore, there is a $299 setup fee payable to the designated supplier to configure the POS system approximately two months before the barbershop opens.

Floyds 99 also requires franchisees to pay a license fee to their designated supplier for the POS software. This fee is either $2,700 if paid annually upfront or $250 per month. These payments are non-refundable once paid. It's important to note that these costs may increase if a franchisee decides to add more POS terminals or credit card terminals. The FDD also states that Floyds 99 reserves the right to require franchisees to purchase a new POS system and proprietary software in the future from them or a designated supplier, which could result in additional expenses.