Are Floyds 99 franchisees required to attend the annual meeting or convention?

According to Floyds 99's 2025 Franchise Disclosure Document, attendance at the annual meeting or convention is mandatory. Floyds 99 may provide additional seminars or programs on new methods, marketing techniques, equipment, and products. This may include a mandatory annual meeting or convention that all franchisees must attend at their own cost.

In addition to the annual meeting, franchisees or their Principal Manager may be required to attend a national convention or manager retreat, at their own expense, up to twice annually. These events may include mandatory training sessions. If a new Principal Manager is hired after the barbershop opens, they must attend the initial training program, which costs $3,500. Franchisees are also responsible for the wages, travel, and living expenses for their Principal Manager and other managers while they attend training and retreats.

Floyds 99 may also require franchisees, their Principal Manager, and other designated management-level employees to attend local or regional seminars or meetings in person up to two times each calendar year, at the franchisee's expense. These various meetings and training sessions are in addition to state and local licensing and training requirements, which all stylists, barbers, and other personnel must meet.