Floyd's 99®
What Is Floyd's 99?
Floyd's 99 is a franchise of retail hair care barbershops operating under the FLOYD'S 99 trade name. The operational model is brick-and-mortar, with Shops typically located in leased retail space of about 1,200–1,600 square feet designed to attract walk-in client traffic. It serves individual consumers (primarily male clientele) and offers a core service bundle of stylish, professional haircuts, barber-specific services (e.g., face shaves), hair color and facial waxing, plus on-site retail of grooming products.
Floyd's 99 Franchise: Pros and Cons
The franchisor's unusually clean legal record—zero government penalties, zero franchisee judgments or settlements, zero franchisor enforcement actions and zero fraud cases—lowers legal and regulatory risk for operators, but its 73 corporate-owned locations and two reacquired outlets suggest company-led growth and some franchisee exits that warrant deeper inquiry.
Pros
Cons
Lawsuits & Legal Risk
Part 1 (The Facts): A 2020–2024 employment class action alleged that a franchisee and Floyd's 99 Franchising were joint employers; claims were resolved via settlement (Floyd's paid $2,500) and later dismissed without prejudice without admission of liability; Part 2 (The Advice): Review franchise agreement provisions on franchisor operational control and joint-employer exposure, indemnification and insurance obligations, request historical employment-claim data and sample policies, and consult employment counsel.
Territory Protection
Grants a protected operating area where the franchisor will not place other physical units. Franchisor retains rights to sell via e-commerce and other channels, operate or license retail/alternative venues, and acquire or convert nearby locations; protection is contingent on meeting performance quotas, while the franchisee retains first-refusal/relocation rights.
Training & Support
The brand provides a robust 120-hour training curriculum designed to prepare two franchisee-designated staff for launch. The program includes on-site launch support to assist with operational readiness; franchisees are responsible for travel and living expenses, and on-site assistance is offered for an additional fee.
How Much Does It Cost to Open a Floyd's 99 Franchise?
Opening a Floyd's 99 franchise requires a total initial investment of $399,500 to $767,500, according to the 2025 Franchise Disclosure Document. This range covers the franchise fee, real estate, equipment, training, and initial working capital needed to launch and operate through the early months.
Minimum Investment
Maximum Investment
Minimum Investment Breakdown
Maximum Investment Breakdown
Investment Analysis
This investment analysis is coming soon. Have ideas for other analyses you'd like us to add? Get in touch.
The initial investment amounts shown are estimates only. Actual costs may vary based on location size, business model, and multi-unit ownership arrangements. We recommend reviewing the full Franchise Disclosure Document for complete details.
How Much Do Floyd's 99 Franchise Owners Make?
Floyd's 99 franchise locations reported average gross sales of $980,036 and median gross sales of $954,156 in 2025, based on financial performance data disclosed in Item 19 of the Franchise Disclosure Document.
Frequently Asked Questions
How much does it cost to open a Floyd's 99 franchise?
The total initial investment for a Floyd's 99 franchise ranges from $399,500 to $767,500, according to the 2025 Franchise Disclosure Document. This includes the franchise fee, real estate, equipment, training, and working capital.
What is the Floyd's 99 initial franchise fee?
The initial franchise fee for Floyd's 99 is $49,500, as stated in the 2025 FDD. This fee is paid upon signing the Franchise Agreement.
How much do Floyd's 99 franchise owners make?
Floyd's 99 franchise locations reported average gross sales of $980,036 and median gross sales of $954,156 in 2025, based on Item 19 of the Franchise Disclosure Document. Actual earnings vary by location, market, and operator experience.
Does Floyd's 99 have any franchise lawsuits or legal issues?
Floyd's 99 received a legal risk score of 100 out of 100 in the 2025 FDD analysis. Part 1 (The Facts): A 2020–2024 employment class action alleged that a franchisee and Floyd's 99 Franchising were joint employers; claims were resolved via settlement (Floyd's paid $2,500) and later dismissed without prejudice without admission of liability; Part 2 (The Advice): Review franchise agreement provisions on franchisor operational control and joint-employer exposure, indemnification and insurance obligations, request historical employment-claim data and sample policies, and consult employment counsel.
Does Floyd's 99 offer exclusive franchise territories?
Floyd's 99 received a territory protection score of 50 out of 100. Grants a protected operating area where the franchisor will not place other physical units.
What training does Floyd's 99 provide to new franchisees?
Floyd's 99 received a training and support score of 95 out of 100. The brand provides a robust 120-hour training curriculum designed to prepare two franchisee-designated staff for launch.
How many Floyd's 99 franchise locations are there?
Floyd's 99 had 138 total locations as of the 2025 Franchise Disclosure Document.
What type of business is Floyd's 99?
Floyd's 99 is a franchise of retail hair care barbershops operating under the FLOYD'S 99 trade name.
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