What is included in the Licensed Methods for a Floyds 99 shop?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
ted to the Franchisor for prior written approval. The Franchisee acknowledges that the Marks, or any other name, symbol or identifying marks on any signs shall only be used in accordance with the Franchisor's standards and specifications and only with the prior written approval of the Franchisor.
- 5.5 Equipment and Inventory. The Franchisee shall purchase or otherwise obtain for use or sale at the Franchised Location and in connection with the FLOYD'S 99 Shop, equipment, inventory, other products and services of a type and in an amount which complies with the standards and specifications of the Franchisor. The Franchisee acknowledges that the type, quality, configuration, capability and/or performance of the equipment, inventory and other products and services used or offered through the FLOYD'S 99 Shop are all standards and specifications which are a part of the Licensed Methods and therefore such equipment, inventory, products, other items and services must be purchased, leased or otherwise obtained in accordance with the Franchisor's standards and specifications. The Franchisee shall, during the term of this Agreement, maintain a sufficient inventory of FLOYD'S 99 products plus a mix of other branded products to meet customer demands for the products offered for retail sale and for those products used by service providers in a FLOYD'S 99 Shop, and comply with the Franchisor's standards and specifications related to inventory as set forth in the Operations Manual (as defined in Section 8.1 below) from time to time. The Franchisee acknowledges and agrees that it may be required to purchase FLOYD'S 99 products exclusively from the Franchisor, its affiliates or suppliers or other sources designated or approved by the Franchisor.
- 5.6 Point-of-Sale System, Computers and Related Equipment. The Franchisee shall equip the Barbershop with a point-of-sale system, computer hardware, software, telecommunications equipment and other designated equipment as is consistent with the standards and specifications of the Franchisor.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the Licensed Methods encompass various aspects of the business. This includes the standards and specifications for equipment, inventory, and other products and services used at the Floyds 99 shop. Franchisees must adhere to these standards when obtaining equipment and inventory.
The Licensed Methods also address (to the extent allowed by law) the maximum, minimum, or other price requirements for products and services the Floyds 99 shop sells, including requirements for special offers, discounts, and promotions. Floyds 99 provides updates and information regarding the franchised business, the Floyds 99 concept, the hair care industry, and the Licensed Methods.
Furthermore, franchisees are prohibited from offering or selling any products or services not authorized by Floyds 99 as part of the Licensed Methods. Compliance with the Operations Manual is vitally important to protect the reputation and goodwill of the Floyds 99 system and maintain a uniform quality of operation.