What is the purpose of the standards and specifications provided by Floyds 99?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
stimate) or 10 (high estimate) Barbershops.
ITEM 8. RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES
Operations.
Your FLOYD'S 99 Shop must be established and operated in compliance with your Franchise Agreement. It is mandatory that you comply with the standards and specifications contained in an operations manual we provide to you, in the form of one or more manuals, technical bulletins, electronically transmitted messages, or other written materials sent electronically (referred to collectively in this Disclosure Document as "Operations Manual"), which we may modify. The Operations Manual is designed to protect the Licensed Methods and the Marks and is not intended to control the day-to-day operation of your Barbershop. We provide you with our mandatory standards and specifications for the hair cutting, coloring and barber specialty techniques and related scheduling and pricing strategies, client relations, employee training, marketing and advertising, hair care products and related products and services offered at or through your Barbershop and for the Franchised Location, décor, equipment, furniture, fixtures, supplies, forms, advertising material, and other items used at your Barbershop. Although we provide you with the standards and specifications described above, these standards and specifications are provided for the protection of the FLOYD'S 99 brand and the Licensed Methods. You are solely responsible for all employment decisions at your Barbershop, including decisions related to hiring, training, firing, scheduling, compensation, benefits, discipline, supervision and the day-to-day operation of your Shop.
Barbershop Build-Out and Lease.
You must, at your expense, construct, convert, design and decorate the Barbershop location in accordance with our plans and specifications. We will provide you with design plans and specifications for your Barbershop and you will then be required to provide us with construction plans prepared by a contractor or architect we approve. We require that you obtain our written consent to any proposed Franchised Location and any proposed improvements to the Franchised Location before construction begins.
We must approve any lease, including all lease amendments, or, if applicable, any purchase agreement for your Barbershop before you execute any of these agreements. Then, a copy of the signed lease is to be delivered to us within 15 days after signing. You must sign a lease for the Franchised Location within two hundred seventy (270) days of signing the Franchise Agreement. The primary lease must contain certain provisions which grant us certain rights, as your franchisor, and we reserve the right to modify these required provisions. You are responsible for obtaining the landlord's consent to those terms specified.
You and your landlord must sign our Lease Addendum and Conditional Assignment of Lease, which are attached to this Disclosure Document as Exhibit L. The Lease Addendum generally protects our rights under the Franchise Agreement. Under the Conditional Assignment of Lease, we can take possession of the Franchised Location if you violate the lease or any obligation to us. You will remain responsible for all obligations under the lease prior to the date when we take possession.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–29)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the standards and specifications outlined in the Operations Manual are designed to protect the Floyds 99 brand and its Licensed Methods. These standards cover various aspects of the barbershop's operations, including hair cutting, coloring, barber specialty techniques, scheduling and pricing strategies, client relations, employee training, marketing and advertising, hair care products, the Franchised Location, décor, equipment, furniture, fixtures, supplies, forms, and advertising material. Floyds 99 provides these standards to ensure consistency and quality across all franchise locations. However, the FDD emphasizes that franchisees are solely responsible for employment decisions and the day-to-day operations of their barbershops.
Floyds 99 also requires franchisees to adhere to specific standards and specifications when building out and designing their barbershop locations. Franchisees must use the franchisor's design plans and specifications and obtain written consent for the proposed location and any improvements before construction begins. This ensures that each Floyds 99 shop maintains a consistent look and feel, reinforcing brand recognition and customer expectations.
Furthermore, franchisees must purchase certain equipment, supplies, and services from designated or approved vendors that meet Floyds 99's standards and specifications. This includes items like barber poles, barber chairs, hair care supplies, exterior signs, and information technology services. While franchisees can propose alternative suppliers, Floyds 99 reserves the right to approve or reject them based on whether they meet the established standards. This control over sourcing helps maintain product quality and brand consistency, but it also means franchisees have limited flexibility in choosing suppliers and may be subject to the franchisor's preferred pricing and terms.