Who is responsible for the cost of construction for a Floyds 99 shop?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
You are responsible for the cost of plans prepared by an approved contractor and by your local architect, for any second review of your construction plans by us, if necessary, and for the cost of construction. (Sections 5.3, 5.4, 5.5, 5.6, 5.7 and 7.1(c) 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 Floyds 99's 2025 Franchise Disclosure Document, the franchisee is responsible for the costs associated with the construction of their shop. This includes the cost of plans prepared by an approved contractor and the franchisee's local architect.
Floyds 99 must approve the franchisee's construction plans and specifications before any construction work begins. The franchisee is also responsible for the cost of any second review of the construction plans by Floyds 99, should it be necessary.
This means that prospective franchisees need to factor in expenses for architectural plans, contractor fees, and the actual building costs when budgeting for their Floyds 99 franchise. It is important to work closely with approved contractors and architects to ensure the plans meet Floyds 99's standards and to minimize the risk of needing a second review, which would incur additional costs.