How many company-owned Floyds 99 outlets were operating at the end of 2024?

According to Floyds 99's 2025 Franchise Disclosure Document, at the end of 2024, there were 73 company-owned Floyds 99 outlets. The FDD provides a table summarizing the systemwide outlet information, including both franchised and company-owned locations, over the past three years. This data helps prospective franchisees understand the composition of the Floyds 99 system and the relative prevalence of company-owned versus franchised locations.

The number of company-owned Floyds 99 shops has decreased slightly over the three-year period shown in the table. Specifically, the number of company-owned shops decreased from 74 at the start of 2024 to 73 at the end of the year, representing a net decrease of 1 location. All company-owned barbershops are owned by entities affiliated with Holdings, the parent company of Floyds 99.

Understanding the number and trend of company-owned stores can be important for potential franchisees. A high number of company-owned stores might indicate that the franchisor is heavily invested in the brand and has a strong understanding of the business model. However, a decreasing number of company-owned stores, as seen with Floyds 99, could raise questions about the franchisor's strategy or the performance of company-owned locations. It would be prudent for a prospective franchisee to inquire about the reasons for this decrease and the franchisor's plans for company-owned stores in the future.

Overall, the data regarding company-owned stores provides valuable context for evaluating the Floyds 99 franchise opportunity. By analyzing these figures in conjunction with other information in the FDD, potential franchisees can gain a more comprehensive understanding of the franchise system and make a more informed decision.