When is the Local Advertising Allocation due for a Floyds 99 franchise?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Local Advertising Allocation2 | 1% to 2% of Gross Sales The combination of the National Marketing Contribution and Local Advertising Allocation will not exceed a total of 4% of Gross Sales. | As incurred | The Local Advertising Allocation is in addition to the National Marketing Contribution, but is retained by you to advertise your Barbershop. This is the minimum average you must spend each calendar quarter, with a report of expenditures submitted as part of your required financial reporting to us. Funds spent on local advertising must be focused on the promotion of your Shop to consumers. Funds spent through sites or networks such as Indeed, Craigslist, or other similar sites or professional networks, whether to recruit employees or for other purposes, are not approved as local advertising. If we establish a Regional Advertising Co-op which includes your Barbershop, your Local Advertising |
Source: Item 6 — OTHER FEES (FDD pages 14–20)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the Local Advertising Allocation is due as incurred. This allocation ranges from 1% to 2% of Gross Sales. The combination of the National Marketing Contribution and the Local Advertising Allocation cannot exceed 4% of Gross Sales.
This Local Advertising Allocation is retained by the franchisee to advertise their Floyds 99 Barbershop. Franchisees must spend this minimum average each calendar quarter and submit a report of expenditures as part of their required financial reporting to Floyds 99. The funds spent on local advertising must focus on promoting the shop to consumers.
Floyds 99 specifies that funds spent through sites or networks like Indeed or Craigslist, whether for recruiting employees or other purposes, are not approved as local advertising. If Floyds 99 establishes a Regional Advertising Co-op that includes the franchisee's Barbershop, the Local Advertising Allocation may be reallocated to the co-op.