What does the Point-of-Sale system for Floyds 99 currently include?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 5: Point-of-Sale System, Software, Office Equipment, Audio/Video, IT and Electronics. This item includes the estimated costs to purchase and license one computerized point-of-sale (POS) system (which currently includes one laptop, one desktop computer, and a desktop monitor) and payment for certain customized software and related hardware that you will use in every Barbershop. Unless otherwise specified, one half of the costs for your point-of-sale system, software, office equipment, audio/video, IT and electronics are due when you order these items and the other half of these costs are due upon delivery of these items to you. Approximately two months before your Barbershop opens, you will pay a $299 set up fee to our designated supplier to configure your POS system at your Barbershop. Any custom reports or other enhancements you request from the POS System provider (which are specific to your Shop) are at your expense and would raise the estimates provided in this item. Additionally, you will pay a license fee to our designated supplier in the amount of $2,700 (annual license fee if paid up front) or $250 per month. None of these payments are refundable once paid. Your costs may be higher if you decide to add more POS terminals or credit card terminals. The POS software license fee is paid to our designated vendor, and all other costs are paid directly to third party vendors before the Barbershop opens. See Item 11. We reserve the right to require you to purchase a new POS system and to purchase proprietary software that we may develop in the future from us or a designated supplier. See Items 8 and 11 for other information about the required POS system and computer hardware and software for your Barbershop. In addition to the POS system, this item includes the estimated costs for dedicated web services infrastructure and to purchase a telephone service, a printer capable of copying/scanning/faxing, flat screen televi
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–24)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the Point-of-Sale (POS) system includes specific hardware and software. The POS system currently includes one laptop, one desktop computer, and a desktop monitor. Franchisees are also required to purchase and license certain customized software and related hardware for use in their Barbershops.
In addition to the hardware and software, franchisees must also consider the costs associated with setting up and maintaining the POS system. Approximately two months before the Barbershop opens, a franchisee will pay a $299 set up fee to the designated supplier to configure the POS system. Furthermore, there is a license fee payable to the designated supplier, amounting to $2,700 if paid annually upfront or $250 per month. These payments are non-refundable once paid.
It's important to note that the costs provided are estimates and can increase if a franchisee decides to add more POS terminals or credit card terminals. Any custom reports or enhancements requested from the POS system provider that are specific to the franchisee's shop will also be at the franchisee's expense. Floyds 99 also reserves the right to require franchisees to purchase a new POS system and proprietary software in the future from them or a designated supplier. The FDD also states that in addition to the POS system, the estimated costs for dedicated web services infrastructure, telephone service, a printer, flat screen televisions, reception desk, audio/video equipment, and a security system with cameras are included.