What is the full name of the Franchisor for a Floyds 99 franchise?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
to revoke any authorization for funds transfer prior to the | | | termination of the applicable Franchise Agreement, without prior written consent of Franchisor; (3) that the | | | Bank cannot cancel this authorization without receiving written consent from Franchisor; and (4) that | | | termination of this authorization does not relieve Franchisee of its obligation to make payments to | | | Franchisor. | | | If Franchisee is an entity: | If Franchisee is one or more individuals: Signature | | By: | Signature | | Title: | | | Date: | |
EXHIBIT V TO FRANCHISE AGREEMENT
PERMIT, LICENSE AND CONSTRUCTION CERTIFICATION
| Floyd's 99 Franchising, LLC ("Franchisor") and Franchisee are parties to a Franchise Agreement | |
|---|---|
| dated, 20 for the development and operation of a FLOYD'S 99 Shop located at |
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the franchisor's name is Floyd's 99 Franchising, LLC. This means that Floyd's 99 Franchising, LLC is the entity that grants franchises to individuals or companies looking to open and operate a Floyds 99 barbershop.
As a franchisee, you will be entering into a legal agreement with Floyd's 99 Franchising, LLC, and they will be responsible for providing you with the necessary support, training, and resources to operate your franchise. It is important to note that franchisees are explicitly prohibited from identifying themselves as Floyd's 99 Franchising, LLC, ensuring a clear distinction between the franchisor and its franchisees.
Understanding the exact legal name of the franchisor is crucial for reviewing the franchise agreement and other legal documents. It ensures that all contracts and communications are with the correct legal entity, which is a standard practice in franchising.