What does the estimate for rent include for a Floyds 99 Barbershop?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
The estimates also include the cost of rent for your first three months of operations. The amount of rent will depend on the size of your Barbershop, the types of charges allocated to you under your lease, your ability to negotiate with your landlord and the prevailing rental rate in the geographic region.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–24)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the estimated initial investment includes three months of rent for an average empty space. The actual cost may vary depending on the barbershop's size, lease terms, negotiation with the landlord, and the prevailing rental rate in the geographic region.
The FDD notes that security deposits, if applicable, typically range from one to two months' rent. Utility deposits can range from a nominal amount to approximately $1,000, and business licenses range from approximately $100 to $3,000.
Prospective franchisees should carefully consider these factors and conduct thorough market research to estimate their potential rental costs accurately. Consulting with a real estate professional experienced in commercial leasing can also provide valuable insights during the site selection and lease negotiation process.