What does a Floyd's 99 Barbershop Franchise Cost?
Floyd's 99 Barbershop franchise fees for 2024:
Total Investment: $399,500 - $762,500
Minimum Net Worth: 3pk = $1,500,000
Single Unit Franchise Fee: $49,500
Franchise Fee for Each Additional Unit: 3pk: $133,500, 4pk:
$168,000, 5pk: $202,500, $34,500 for each additional Shop
Other Fees: NA
Royalty: 6%
Ad: 1.5%
Item 19: Yes
Average Number of Employees: 3-5
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership?: Yes
Specify: Manage the manager; doesn't necessarily need to be
managing all day-to-day activities. The Franchisee will need to be
engaged, attend training and make sure the overall brand standards
are met.
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
Is Floyd's 99 Barbershop a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Floyd's 99 Barbershop is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Floyd's 99 Barbershop a Home Based franchise?
No. Floyd's 99 Barbershop is not a home based franchise opportunity.
What Do Floyd's 99 Barbershop Franchise Owners Make?
Click here to find out how much Floyd's 99 Barbershop franchisees make. Floyd's 99 Barbershop offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Floyd's 99 Barbershop a Master Franchise Opportunity?
No. Floyd's 99 Barbershop is not a master franchise opportunity.
Does Floyd's 99 Barbershop Offer a Veteran Discount?
No. Floyd's 99 Barbershop franchise does not offer a veteran discount.
Does Floyd's 99 Barbershop Work with E2 Visa and EB-5 Visa Candidates?
Yes. Floyd's 99 Barbershop franchise does work with E2 Visa and EB-5 Visa candidates.
Is Floyd's 99 Barbershop Looking for Franchisees in Canada?
No. Floyd's 99 Barbershop franchise is not looking for Canada franchisees.
Is Floyd's 99 Barbershop Looking for International franchisees?
No. Floyd's 99 Barbershop franchise is not looking for International franchisees.
Where can I see Floyd's 99 Barbershop's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.