Who is responsible for obtaining and maintaining individual licenses for a Floyds 99?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
ies, office materials and an opening inventory of branded hair care products and related goods.
- Note 7: Security Deposits, Utility Deposits and Business Licenses. Security deposits, if applicable to your Barbershop, range from one to two months' rent; utility deposits range from a nominal amount to approximately $1,000; and business licenses range from approximately $100 to $3,000. Stylists and barbers are responsible for obtaining and maintaining their own i
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–24)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, stylists and barbers are responsible for obtaining and maintaining their own individual licenses. However, the FDD also states that states typically require that the Floyds 99 Barbershop itself have a separate license.
This means that as a Floyds 99 franchisee, you will need to ensure that all stylists and barbers working in your shop have the necessary individual licenses to operate legally. Additionally, you, as the owner, will need to obtain a separate license for the barbershop itself, as required by the state.
The cost for business licenses is estimated to range from approximately $100 to $3,000, as outlined in the initial investment estimates. It is important for prospective franchisees to factor in these licensing requirements and associated costs when evaluating the overall investment and operational aspects of a Floyds 99 franchise.