factual

What is the Franchised Business associated with a Floyds 99 shop?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

1. PURPOSE

  • a) Franchisor has developed methods for establishing and operating retail hair care businesses ("FLOYD'S 99 Shops" or "Barbershops") which use the service mark "FLOYD'S 99" and related service marks, trade names and trademarks ("Marks") and Franchisor's proprietary methods of doing business ("Licensed Methods"). Terms not otherwise defined in this Agreement shall have the meanings as defined in the Franchise Agreement.
  • b) Developer would like to use Franchisor's Marks and Licensed Methods in connection with the development of a specific number of Barbershops in the geographic area described below. Franchisor desires to grant Developer the right to establish and operate Barbershops under the terms and conditions which are contained in this Agreement.

Source: Item 23 — RECEIPT (FDD pages 58–229)

What This Means (2025 FDD)

According to Floyds 99's 2025 Franchise Disclosure Document, the franchised business is described as a retail hair care business, specifically referred to as "FLOYD'S 99 Shops" or "Barbershops". These shops operate using the service mark "FLOYD'S 99" and related trademarks.

For a prospective franchisee, this means the core business involves providing hair care services within a retail setting. The Floyds 99 brand emphasizes a distinctive style and atmosphere, setting it apart from traditional barbershops. Franchisees are expected to adhere to the franchisor's established methods and standards in operating their shops.

The franchise relies heavily on the Floyds 99 brand's recognition and reputation. The success of a franchise location depends on consistently delivering the brand's promise of quality and experience. The FDD also mentions the use of proprietary methods and confidential information, highlighting the importance of following the franchisor's operational guidelines to maintain brand standards and customer satisfaction.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.