How often may Floyds 99 require attendance at local or regional seminars or meetings?

According to Floyds 99's 2025 Franchise Disclosure Document, franchisees, their Principal Managers, and other designated management-level employees may be required to attend local or regional seminars or meetings in person up to two times each calendar year. These meetings are at the franchisee's expense, meaning they are responsible for covering the costs of attendance.

In addition to local or regional seminars, Floyds 99 may require franchisees or their Principal Managers to attend a national convention or a manager retreat as often as twice annually. These events may include mandatory training sessions, adding another layer of required participation. Attendance at these national events is also at the franchisee's expense.

These requirements for attending seminars, meetings, and conventions have significant implications for a prospective Floyds 99 franchisee. The franchisee must factor in the time commitment and the associated costs, including travel, lodging, and wages for employees attending these events. The frequency of these required events, up to four times per year (two local/regional and two national), suggests an ongoing investment in training and development is expected from franchisees.