What are 'Proprietary Items' as defined by Floyds 99?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition to the POS System, we require that you purchase from designated or approved sources, certain branded hair care products and other proprietary hair care accessories that we have developed ("Proprietary Items"). Lefty's is currently a manufacturer of Proprietary Items. Salon Innovations, Inc. (dba Pro47), a hair care products distribution company based in Minnesota which is unaffiliated with us, is the designated supplier of the Proprietary Items manufactured by Lefty's. We reserve the right to change or designate suppliers (including changing the suppliers to us or our affiliates) at our discretion in the future. We refrain from divulging the formulations for Proprietary Items because we maintain the formulations as trade secrets. Pro47 charges standard and customary prices for a professional hair care line selling directly to a volume purchasing group of salons. Pro47 charges the same prices to franchised Barbershops as it charges to company and affiliate-owned Barbershops.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–29)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, Proprietary Items are defined as certain branded hair care products and other proprietary hair care accessories that Floyds 99 has developed. These items must be purchased from designated or approved sources. Lefty's is currently a manufacturer of Proprietary Items, and Salon Innovations, Inc. (dba Pro47), a hair care products distribution company based in Minnesota, is the designated supplier of these items.
Floyds 99 reserves the right to change or designate suppliers at their discretion in the future, including changing the suppliers to Floyds 99 or its affiliates. The formulations for Proprietary Items are maintained as trade secrets, and Floyds 99 refrains from divulging them. Pro47 charges standard and customary prices for a professional hair care line selling directly to a volume purchasing group of salons, and these prices are the same for franchised Barbershops as they are for company and affiliate-owned Barbershops.
This means that franchisees are required to purchase specific hair care products and accessories from suppliers chosen by Floyds 99. This ensures consistency in the products used and sold across all Floyds 99 locations, helping to maintain brand standards. However, it also limits the franchisee's ability to source these items from other suppliers, even if they might find better prices or terms. The franchisee is dependent on the designated suppliers and pricing negotiated by Floyds 99.