factual

What specific items does the Floyds 99 Franchisor provide standards and specifications for?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

The Franchisor will make available to the Franchisee standards and specifications for products and services offered at or through the FLOYD'S 99 Shop and for the Franchised Location, equipment, furniture, fixtures, hair care products offered for sale, hair care products used, inventory policies, employee attire, supplies, forms, advertising material and other items used in connection with the Barbershop.

Source: Item 22 — CONTRACTS (FDD pages 57–58)

What This Means (2025 FDD)

According to Floyds 99's 2025 Franchise Disclosure Document, the franchisor sets standards and specifications for a wide array of items and services related to the operation of a Floyds 99 barbershop. These include products and services offered at or through the shop, the franchised location itself, equipment, furniture, and fixtures. Additionally, Floyds 99 specifies standards for hair care products both offered for sale and used in the shop, inventory policies, employee attire, supplies, forms, and advertising materials. The franchisor also provides standards for other items used in connection with the barbershop.

Floyds 99 also has specific requirements for the point-of-sale (POS) system, computer hardware, software, and telecommunications equipment used in the barbershop. Franchisees must use a designated credit card processing service that operates through the POS system and adhere to security measures that comply with PCI Security Standards. In the event of a data security breach, franchisees must follow the franchisor's standards and specifications for investigation and remediation. Furthermore, franchisees may be required to purchase the franchisor's designated point-of-sale system data backup software and services.

Floyds 99 retains the right to modify these standards and specifications, providing franchisees with 30 days' prior written notice. Franchisees are obligated to comply with all current standards and specifications throughout the term of their agreement. This comprehensive oversight ensures uniformity and quality control across all Floyds 99 locations, protecting the brand's reputation and goodwill. Prospective franchisees should carefully review the Operations Manual and related documents to fully understand these requirements and their implications for day-to-day operations.

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.