On what date was Floyds 99 Franchising, LLC formed?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
The name of the franchisor is Floyd's 99 Franchising, LLC. For ease of reference, Floyd's 99 Franchising, LLC will be referred to as "we", "us" or "FFL" in this Disclosure Document. We will refer to the person who buys the franchise as "you" throughout this Disclosure Document. If the franchisee is a corporation, partnership or limited liability company, certain provisions of the Franchise Agreement will also apply to the owners, as will be noted. Our principal offices are located at 7900 E. Berry Place, Greenwood Village, Colorado 80111. We presently do business only under our corporate name and the service mark "FLOYD'S 99". We were formed on February 23, 2005 as a Colorado limited liability company. Our agents for service of process are listed on Exhibit A.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–11)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, Floyd's 99 Franchising, LLC (referred to as "FFL") was formed on February 23, 2005, as a Colorado limited liability company. This is the date that the franchising entity itself was officially established. Prospective franchisees should take note of this date as it marks the beginning of the formal franchising operations for Floyds 99. The document also clarifies that FFL's principal offices are located at 7900 E. Berry Place, Greenwood Village, Colorado 80111.
It's important to distinguish this date from the founding date of the original Floyd's 99 barbershop concept, which was created by Floyd's 99, Inc. on February 13, 2001. The February 23, 2005 date specifically refers to the formation of the limited liability company responsible for franchising the Floyds 99 brand. This distinction is crucial for understanding the history and structure of the Floyds 99 franchise system.
Understanding the formation date of Floyds 99 Franchising, LLC can give potential franchisees insight into the maturity and experience of the franchise system. While the barbershop concept has been around since 2001, the franchising operations officially began in 2005. This information, combined with the history of its parent companies, helps to paint a clearer picture of the Floyds 99 organization.