As of December 31, 2024, how many Floyds 99 Shops were there?

According to Floyds 99's 2025 Franchise Disclosure Document, as of December 31, 2024, there were 138 Floyds 99 Shops. The FDD also provides historical data, noting there were 136 shops as of December 31, 2023, and 128 shops as of December 31, 2022. This information gives prospective franchisees an overview of the brand's growth over the past few years.

Floyds 99 distinguishes between "Mature Barbershops" and "New Barbershops" in its financial performance representations. A "Mature Barbershop" has been in operation for at least two years as of the first day of each year presented, while a "New Barbershop" has been in operation for at least one year as of the first day of 2024. The financial results for barbershops operating for less than one year as of December 31, 2024, are excluded from all charts in Item 19.

This distinction is important for potential franchisees to understand because the financial performance data presented in Item 19 focuses on these categories. The FDD indicates that the company-owned Floyds 99 shops are substantially similar to the franchised locations, offering the same products and services. This suggests that the performance of company-owned shops can be a relevant benchmark for franchisees.