If I enter into a Development Agreement with Floyds 99, will they provide a map of the Development Area?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
If you enter into a Development Agreement with us, we will provide you with a map or description of the Development Area within which you must locate a specified number of Franchised Locations in accordance with a Development Schedule that we determine. (Section 3.1 of the Franchise Agreement; Sections 2.1 and 5.1 of the Development Agreement)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–38)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, if you enter into a Development Agreement with them, Floyds 99 will provide you with a map or description of the Development Area. Within this designated area, you are required to establish a specific number of Floyds 99 locations, following a development schedule determined by Floyds 99.
This map or description is part of the pre-opening assistance that Floyds 99 provides to developers. It serves as a crucial guide for identifying suitable locations for your franchised shops within the agreed-upon territory. The development schedule ensures a structured expansion, aligning with Floyds 99's strategic growth plans.
As a prospective franchisee, understanding the specifics of the Development Area and the associated schedule is essential. This information will directly impact your investment strategy, site selection process, and overall business plan. It is important to discuss the criteria used to define the Development Area and the flexibility, if any, in the development schedule with Floyds 99.