What initial establishment assistance does the Franchisor provide to Floyds 99 franchisees?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.1 Franchisor's Development Assistance. The Franchisor, or its designee, shall provide the Franchisee with assistance in the initial establishment of the FLOYD'S 99 Shop as follows:
- a. Provision of the initial training program to be conducted at the Franchisor's designated training facilities or at another location designated by the Franchisor, as described in Article 6 above.
- b. Provision of assistance from the Franchisor's designated site selection service provider that shall include, without limitation, one on-site visit to the market area by a representative who will assist the Franchisee with specifications for space requirements, build out and the demographics and character of the surrounding market area. The Franchisee acknowledges that the Franchisor shall have no other obligation to provide assistance in the selection and approval of a Franchised Location other than the provision of such assistance from the Franchisor's designated provider, and approval or disapproval of a proposed Franchised Location, which approval or disapproval shall be based on information submitted to the Franchisor in a form sufficient to assess the proposed location as may be reasonably required by the Franchisor.
- c. Design plans and specifications, directives regarding the required construction, conversion, design and decoration of the FLOYD'S 99 Shop premises, plus services from the Franchisor's designated suppliers, if any, regarding specifications for signs, decor, color, products, inventory, software, equipment, furnishings and layout.
- d. Information regarding the selection of suppliers of equipment, inventory, items and materials used, hair care products and merchandise offered for sale in connection with the FLOYD'S 99 Shop. The Franchisor shall make available to the Franchisee a list of designated and approved suppliers, if any, of such equipment, inventory, items, materials, products, merchandise and, if available, a description of any regional or central purchase and supply agreements offered by such designated and approved suppliers for the benefit of FLOYD'S 99 franchisees.
- e. Provision of an operations manual in accordance with Section 8.1 below.
- f. The Franchisor will assist the Franchisee in the grand opening and grand opening marketing of the FLOYD'S 99 Shop.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the franchisor offers several forms of assistance to help franchisees establish their Floyds 99 shop. This includes an initial training program, which is further detailed in Article 6 of the FDD. Floyds 99 also provides assistance from a designated site selection service provider, including an on-site visit to the market area to help with space requirements, build-out specifications, and demographic analysis. However, the franchisor's obligation is limited to this designated provider's assistance and the approval or disapproval of the proposed location based on submitted information.
Floyds 99 will provide design plans and specifications for the construction, design, and decoration of the shop premises. This includes services from designated suppliers for signs, decor, color schemes, products, inventory, software, equipment, furnishings, and layout. The franchisor also offers information regarding the selection of suppliers for equipment, inventory, materials, hair care products, and merchandise, including a list of designated and approved suppliers and any regional or central purchase agreements they may offer. Franchisees will also receive an operations manual and assistance with the grand opening and grand opening marketing of their Floyds 99 shop.
For a prospective Floyds 99 franchisee, this comprehensive support can be invaluable. The training program ensures that the franchisee and their team are well-versed in the Floyds 99 methods and standards. The site selection assistance helps in identifying a suitable location, while the design and supplier information streamlines the setup process. The operations manual and grand opening assistance further contribute to a smooth launch. However, franchisees should be aware that they are responsible for the costs associated with attending the training program and that the franchisor's site approval does not guarantee the location's success.
Overall, the initial establishment assistance offered by Floyds 99 appears to be quite thorough compared to other franchise systems. This level of support can significantly reduce the learning curve and potential pitfalls for new franchisees, increasing their chances of a successful launch. However, franchisees should carefully review the terms and conditions of each service and ensure they understand their own responsibilities in the establishment process.