factual

When is the Recruiting Platform fee due for a Floyds 99 franchise?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

| | Phones5 | party vendors | charged | provider for the wired and wireless |

Type of Fee Amount Due Date Remarks
phone lines used in your FLOYD'S 99 Shop. We collect and deliver the amounts charged to the third-party vendor. We do not retain any of the funds you pay for the wired and wireless phone lines used in your Shop.
Recruiting Platform5 $1,000 - $1,500 per year if you elect to use texting as an option As incurred We make ICIMS (a recruiting software platform) available to you as a tool. There is currently no cost to use ICIMS unless you elect to use texting as an option. If you electing to use texting, ICIMS bills us or

Source: Item 6 — OTHER FEES (FDD pages 14–20)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, the Recruiting Platform fee is due as incurred. Floyds 99 makes ICIMS, a recruiting software platform, available to franchisees as a tool. There is no cost to use ICIMS unless the franchisee elects to use texting as an option.

If a franchisee elects to use texting, ICIMS bills Floyds 99 or its affiliates for this option, and Floyds 99 then invoices the franchisee for the ICIMS charge. The fee ranges from $1,000 to $1,500 per year if the franchisee chooses to use texting as an option within the ICIMS platform.

This means a Floyds 99 franchisee will only incur this fee if they actively choose to use the texting feature of the ICIMS recruiting platform. The fee is not a standard charge for all franchisees, but rather an optional cost for those who want to utilize texting for recruitment purposes. Because the fee is 'as incurred' the franchisee will be expected to pay the fee when Floyds 99 invoices them for the ICIMS charge.

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.