Under what business format do Floyds 99 Shops operate?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
We currently offer multi-unit development agreements to qualified individuals and entities to develop and operate retail hair care businesses ("FLOYD'S 99 Shops" or "Barbershops"). The Barbershops focus on providing stylish, professional haircuts to clients for a reasonable price, achieving a market position between discount haircutting chains and high-end salons and providing a high-quality experience for their clients and employees alike. FLOYD'S 99 Shops operate under our distinctive business format, systems, methods, procedures, designs, layouts and specifications ("Licensed Methods") and under our service mark "FLOYD'S 99" and related logos, trademarks, service marks and commercial symbols ("Marks").
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–11)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Floyds 99 Shops operate under a distinctive business format. This format includes specific systems, methods, procedures, designs, layouts, and specifications, collectively referred to as the "Licensed Methods." Additionally, the shops operate under the service mark "FLOYD'S 99" and related logos, trademarks, service marks, and commercial symbols, which are referred to as the "Marks".
This means that franchisees must adhere to Floyds 99's established operational guidelines and branding. This ensures consistency across all Floyds 99 locations, maintaining a recognizable brand identity for customers. The use of Licensed Methods covers everything from how haircuts are performed to how the shop is laid out and designed.
For a prospective franchisee, this signifies that while they own and operate their individual Floyds 99 shop, they must do so within the framework established by the franchisor. This includes using approved suppliers, following prescribed service protocols, and maintaining the brand's aesthetic standards. While this provides a proven business model, it also means franchisees have limited flexibility to deviate from the established system.