What is the nature of the business for Floyds 99 Franchising, LLC?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Floyd's 99 Franchising, LLC (the "Company") is a limited liability company that was organized on February 23, 2005 in the state of Colorado. The Company is engaged in the business of franchising Floyd's 99 Barbershop facilities domestically. The Company is a wholly owned subsidiary of Floyd's 99 Holdings, LLC (Holdings).
The Company is part of a group of companies affiliated by common ownership. The operating results of the Company could vary significantly from those that would have occurred had the Company operated independently.
The Company enters into franchise agreements with unrelated third parties to build and operate barbershops using the Floyd's 99 brand within a defined geographical area. The franchisees are required to operate their barbershops in compliance with their franchise agreements, which includes adherence to operating and quality control procedures established by the Company.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Floyd's 99 Franchising, LLC is a limited liability company created in Colorado on February 23, 2005. The company's primary business is franchising Floyd's 99 Barbershop facilities domestically. Floyds 99 Franchising, LLC is a wholly-owned subsidiary of Floyd's 99 Holdings, LLC. As such, its operating results might differ from those of an independent entity.
Floyds 99 enters into franchise agreements with third parties, allowing them to build and operate barbershops using the Floyd's 99 brand within specific geographical areas. These franchisees must operate their barbershops according to the franchise agreements, including following the operating and quality control procedures established by Floyds 99.
Prospective franchisees should understand that as a subsidiary, Floyds 99's operations are closely tied to its parent company, Floyd's 99 Holdings, LLC. This relationship could influence various aspects of the franchise, including financial performance and strategic decisions. Franchisees must adhere to Floyds 99's operational standards and procedures, ensuring consistency across all franchised locations.