Does Floyds 99 reserve the right to require franchisees to purchase proprietary software in the future?

According to Floyds 99's 2025 Franchise Disclosure Document, Floyds 99 does reserve the right to mandate that franchisees purchase a new POS system and proprietary software in the future. This software may be developed by Floyds 99 or a designated supplier.

Prospective franchisees should note that the initial investment for the Point-of-Sale System, Software, Office Equipment, Audio/Video, IT, and Electronics is estimated to be between $12,000 and $25,000. This figure covers the initial costs for the POS system, customized software, and related hardware needed for the barbershop. Franchisees also pay a $299 set up fee to configure the POS system, as well as a license fee to the designated supplier of $2,700 annually (if paid upfront) or $250 per month.

This clause in the FDD allows Floyds 99 to maintain brand consistency and implement updated technologies across all franchise locations. However, it also means that franchisees may face unexpected costs in the future if Floyds 99 decides to introduce a new POS system or software. Franchisees are responsible for covering the costs of any custom reports or enhancements they request from the POS system provider, which are specific to their shop. It is important for prospective franchisees to factor in potential future software and system upgrades when considering the financial aspects of investing in a Floyds 99 franchise.