How are the fees for additional assistance from Floyds 99 assessed?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Developer may also seek additional assistance from Franchisor concerning site selection, site feasibility studies, lease negotiations, and other development-related matters within its designated Development Area. For purposes of clarification, the "additional assistance" described in this Section is assistance that Developer requests which is not otherwise part of the initial training program. Should Franchisor opt to provide such additional assistance, Developer acknowledges that Franchisor may incur expenses such as travel, lodging, living expenses, telephone charges and other identifiable costs. Franchisor reserves the right to charge Developer for incurred expenses, along with a fee based on hourly time spent by Franchisor's employees in providing such additional assistance. This fee will be assessed in accordance with the prevailing daily or hourly rates set by Franchisor for assistance.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, franchisees may seek additional support from the franchisor regarding site selection, feasibility studies, lease negotiations, and other development-related issues beyond the initial training program. If Floyds 99 opts to provide this additional assistance, the franchisee will be responsible for covering the expenses incurred by Floyds 99.
These expenses may include travel, lodging, living costs, telephone charges, and other identifiable costs. In addition to reimbursing these incurred expenses, Floyds 99 reserves the right to charge a fee based on the hourly time spent by its employees in providing the assistance.
This fee will be determined according to the prevailing daily or hourly rates set by Floyds 99 for such assistance. As a prospective franchisee, it's important to clarify what the prevailing daily or hourly rates are for additional assistance to accurately budget for potential support beyond the standard training.