How often may Floyds 99 require attendance at a national convention or manager retreat?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
e on-site at your Barbershop for at least 10 days after the Barbershop opens and, if this is your first FLOYD'S 99 Shop, present for all of the opening assistance provided by us.
As often as twice annually, you or your Principal Manager may be required to attend, at your expense, a national convention or a manager retreat which may include mandatory training sessions. If you hire a new Principal Manager after your Barbershop opens, that person must attend the initial training program and we will charge tuition of $3,500 for the training. The New Franchise Training Program consists of approximately 5 days of in-shop instruction and tasks in an existing shop location, approximately 5 days of in class training at our principal offices in Greenwood Village, Colorado, and approximately five days of on-site training at your Barbershop (if you are opening your first Barbershop) under the instruction of your Principal Manager. You will also pay wages, travel and living expenses for your Principal Manager and all other managers while they attend training and retreats. We may also require you, your Principal Manager and other designated management-level employees to attend, at your expense, local or regional seminars or meetings in person up to two times each calendar year.
Our training programs are the only training programs that you are permitted to use for your Shop. Our training programs are in addition to, and not a substitute for, stat
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–38)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, franchisees or their Principal Manager may be required to attend a national convention or a manager retreat as often as twice annually. These events are to be attended at the franchisee's expense and may include mandatory training sessions.
If a new Principal Manager is hired after the Floyds 99 Barbershop opens, that person must attend the initial training program, for which there is a $3,500 tuition fee. The New Franchise Training Program consists of approximately 5 days of in-shop instruction and tasks in an existing shop location, approximately 5 days of in class training at Floyds 99's principal offices in Greenwood Village, Colorado, and approximately five days of on-site training at the franchisee's Barbershop (if it is their first Barbershop). The franchisee will also be responsible for wages, travel, and living expenses for the Principal Manager and all other managers while they attend training and retreats.
Floyds 99 may also require franchisees, their Principal Manager, and other designated management-level employees to attend local or regional seminars or meetings in person up to two times each calendar year, also at the franchisee's expense. These training programs are the only training programs that franchisees are permitted to use for their Shop and are in addition to, and not a substitute for, state and local licensing and training requirements. All stylists, barbers and other personnel working at the Barbershop must meet all applicable training and licensing requirements.