What were the total distributions for Floyds 99 for the period ending December 29, 2024?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Distributions | (4,712,376) |
|---|---|
| Balance - December 29, 2024 | $35,785 |
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 FDD, Floyds 99 Franchising, LLC had total distributions of $(4,712,376) for the period ending December 29, 2024. After these distributions, the balance was $35,785.
It is important to note that distributions represent payments made by Floyds 99 to its member, Floyd's 99 Holdings, LLC, and do not reflect the income or expenses of individual franchise locations. Prospective franchisees should focus on the revenue and expense information provided in Item 19 of the FDD to understand the potential profitability of a Floyds 99 barbershop.
Understanding the financial relationship between Floyds 99 Franchising, LLC and its parent company can provide insight into the overall financial structure. However, the distribution amounts themselves are primarily relevant to the parent company's financial planning and do not directly impact the day-to-day operations or financial performance of a franchisee.