What was the median client count for Floyds 99 company-owned shops?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchised | Average | High | Median | Low | Shops Exceeding the Average | Number of Shops | |
|---|---|---|---|---|---|---|---|
| Number | Percentage | ||||||
| 2024 | 26,187 | 55,056 | 25,715 | 10,457 | 18 | 42% | 43 |
| 2023 | 26,374 | 55,045 | 25,698 | 8,372 | 19 | 46% | 41 |
| 2022 | 28,493 | 56,930 | 27,081 | 11,496 | 16 | 41% | 39 |
| Company- | Average | High | Median | Low | Shops Exceeding the | Percentage | Number of |
| Owned | Average Number | Shops | |||||
| 2024 | 22,376 | 40,896 | 21,869 | 7,426 | 34 | 47% | 72 |
| 2023 | 23,574 | 42,290 | 23,541 | 8,439 | 35 | 48% | 73 |
| 2022 | 22,808 | 48,001 | 22,391 | 8,039 | 45 | 61% | 74 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 49–53)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the median client count for company-owned mature barbershops has been reported for the years 2022, 2023, and 2024. A mature barbershop is one that has been in operation for at least two years as of the first day of each year presented. In 2024, the median client count was 21,869, with 72 shops reporting. In 2023, the median client count was 23,541, based on data from 73 shops. For 2022, the median client count was 22,391 across 74 shops.
These figures provide prospective franchisees with insight into the customer volume that established Floyds 99 company-owned locations have historically served. Client count is a key indicator of business activity and revenue potential. A higher client count generally suggests a more successful and busier location. However, it is important to consider that these are median values, meaning half of the shops performed above this number and half performed below.
It is also important to note that these figures pertain to mature barbershops, which have been operating for at least two years. New franchisees may experience different client counts during their initial years of operation as they build their customer base. Additionally, individual results may vary based on factors such as location, market conditions, and management effectiveness. Floyds 99 also provides data on average, high, and low client counts, which can offer a broader perspective on the range of performance across its company-owned shops.
Prospective franchisees should carefully review all the financial performance representations in Item 19 of the FDD and consider how these figures align with their own business goals and expectations. It is advisable to conduct thorough due diligence, including speaking with existing franchisees and analyzing local market conditions, to assess the potential client base and revenue opportunities for a Floyds 99 franchise.