What is the deadline for opening a Floyds 99 shop after signing the Franchise Agreement?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
You must open your FLOYD'S 99 Shop within fifteen (15) months of signing the Franchise Agreement. The factors that may affect this time period are your ability to locate a site, secure financing, and obtain a lease or build a facility, as well as the extent to which an existing location must be upgraded or remodeled, the delivery schedule for equipment, product and supplies, and completing your training. The development schedule for multiple FLOYD'S 99 Shops will be agreed to when we sign the Development Agreement.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–38)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, a franchisee must open their Floyds 99 shop within fifteen months of signing the Franchise Agreement. The FDD also estimates that the typical length of time between signing the Franchise Agreement and opening the shop is approximately nine to twelve months.
Several factors can affect the time it takes to open a Floyds 99 location. These include the franchisee's ability to locate a suitable site, secure financing, obtain a lease or build a facility, and the extent of upgrades or remodeling required for an existing location. The delivery schedule for equipment, products, and supplies, as well as the completion of training, can also impact the opening timeline.
Prospective franchisees should carefully consider these factors and their own circumstances when planning their launch. Delays in any of these areas could potentially push the opening date closer to the 15-month deadline. It is important to maintain open communication with Floyds 99 throughout the process to address any challenges and ensure a smooth opening.