factual

Does Floyds 99 provide compensation to any public figure for the use of their name in the franchise?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

The Franchisee acknowledges that the Franchisor and affiliates of the Franchisor have a prior and superior claim to the "FLOYD'S 99" trade name.

Source: Item 18 — PUBLIC FIGURES (FDD page 49)

What This Means (2025 FDD)

Based on the 2025 Floyds 99 Franchise Disclosure Document, there is no mention of Floyds 99 compensating any public figure for the use of their name in the franchise. The document outlines various aspects of the franchise agreement, including franchisee obligations, franchisor assistance, advertising, and contracts, but it does not address compensation to public figures. The FDD does mention that the franchisee acknowledges that Floyds 99 has a prior and superior claim to the "FLOYD'S 99" trade name.

Without explicit information in the FDD, it's unclear whether Floyds 99 has any agreements with public figures. Typically, if a franchise uses a public figure's name or likeness, this would be disclosed in the FDD, particularly in sections related to trademarks, advertising, or intellectual property. The absence of this information suggests that Floyds 99 either does not have such agreements or does not deem them material to disclose to potential franchisees.

A prospective franchisee should directly inquire with Floyds 99 about any arrangements with public figures, including whether any endorsements or partnerships exist and how these might impact the franchise's marketing and brand strategy. Understanding these aspects can be crucial for assessing the franchise's brand value and marketing approach.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.