Is the Floyds 99 software license fully paid?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
- 16.1 Grant of License. The Franchisor will license one or more proprietary computer software programs (the "Software") to the Franchisee for use in the operation of the FLOYD'S 99 Shop, including any modifications or revisions thereto, all documentation (other than the Software) related to the Software, the tangible media upon which such programs are recorded and the database file structure thereof (collectively, the "Program"). The Franchisor hereby grants to the Franchisee a nonexclusive, nontransferable, fully paid license to use the Program (the "License") for the term hereof, and agrees to provide updates for the Program for the term hereof. The parties agree as follows:
- a. The Program shall be installed on the computer equipment designated by the Franchisor as meeting its specifications (the "Designated Equipment").
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Floyds 99 grants franchisees a license to use its proprietary computer software for the duration of the franchise term. This license is described as a "nonexclusive, nontransferable, fully paid license." Floyds 99 also agrees to provide updates for the software during the franchise term.
This means that franchisees do not have to make ongoing payments for the use of the software itself. The initial franchise fee or other upfront costs likely cover the cost of the software license for the entire term. However, franchisees are typically responsible for the costs of compatible computer hardware to run the software and may be required to purchase hardware, software, or telecommunications equipment from Floyds 99 or its designated suppliers.
While the software license itself is fully paid, franchisees should be aware of other potential technology-related expenses. These can include maintenance agreements with third-party suppliers, costs for information technology services, web services infrastructure, and potential fees for point-of-sale system licenses or related fees that Floyds 99 pays on the franchisee's behalf. Franchisees may also be required to purchase and implement data security hardware and software and maintain high-speed internet access.