Will Floyds 99 provide a description of any regional or central purchase and supply agreements offered by approved suppliers?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Provide you with information regarding the selection of suppliers of equipment, items and materials used, and hair care products and merchandise offered for sale, in connection with your Barbershop.
We will make available to you a list of designated and approved suppliers of such equipment, items, materials, products and merchandise and, if available, a description of any regional or central purchase and supply agreements offered by such approved suppliers for the benefit of our franchisees. (Sections 7.1(d) and 14.5 of the Franchise Agreement)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–38)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Floyds 99 will provide franchisees with information regarding the selection of suppliers for equipment, items, materials used, hair care products, and merchandise offered for sale in connection with their Barbershop. Floyds 99 will make available a list of designated and approved suppliers of such equipment, items, materials, products, and merchandise.
Furthermore, Floyds 99 will provide a description of any regional or central purchase and supply agreements offered by such approved suppliers for the benefit of their franchisees, if available. This suggests that while Floyds 99 maintains a list of approved suppliers, the availability and specifics of regional or central purchasing agreements may vary.
Prospective franchisees should inquire about the current list of approved suppliers and any existing regional or central purchasing agreements to understand potential cost savings and supply chain efficiencies. Understanding these agreements is crucial for managing inventory and operational costs effectively.