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Floyd's 99 Barbershop Franchise Opportunity

Minimum Investment

$399,500

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Established

1999

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Franchise Units

139

payments

Minimum Investment

$399,500

payments

Franchise Fee

$49,498

payments

Total Investment Range

$762,500

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Home Based

No

Description

Floyd’s 99 Barbershop is a trendsetting, high-energy barbershop franchise that redefines the grooming experience with expert cuts and a rock ‘n’ roll atmosphere. Established in 1999, this family-founded brand delivers top-tier haircuts, fades, colors, and shaves for men, women, and everyone in between—making it a go-to destination for modern, inclusive grooming. Every shop features unique, music-inspired décor and a diverse team of professional barbers and stylists who create a memorable, upbeat customer experience.

With a strong focus on client satisfaction and stylist retention, Floyd’s 99 Barbershop stands out in the crowded hair care and grooming franchise industry. The brand’s unique blend of expert services, edgy ambiance, and loyal customer base makes it a powerful franchise opportunity for entrepreneurs seeking a high-demand, lifestyle-oriented business in the booming personal care sector.


Background

Established: 1999
First Unit Franchised: 2006

Total Franchise Partners:  13
Total Locations Sold:  147
Total Locations Open:  139
Total Franchise Partner Owned Open Locations:  67
Total Corporate / Affilate Owned Open Locations:  73
Total States with Open Locations:  17


Registered:  IL, IN, MI, MN, ND, RI, SD, VA, WA, WI and ALL Business Opportunity, Filing & FTC States
Pending:  CA, MD
Deferral:  IL
Not Registering:  HI, NY

Canada Franchises: No
International Franchises: No



Support Training

Financial Assistance Provided: No
Site Selection Assistance: Yes
Specify: In house site selection assitance to ensure the Franchisee finds just the right location. The Corporate Team will also come out to review the location with the Franchisee.
Lease Negotiation Assistance: Yes
Specify: In house lease negotiation assistance.
Recruiting Assistance: Yes
Specify: Floyd’s will support: Indeed, Glassdoor + LinkedIn job ads and sponsored employer profiles. Digital & Social Media Recruiting Ads; Google, Meta, LinkedIn, and Craigslist through extensive recruitment assets. Direct & Local Marketing; Recruiting emails, shop signs and flyers, Website career pages, industry event booths, Host recruiting and education events, Partnerships with beauty industry organizations
Cooperative Advertising: No
Training:
10-12 Weeks out
New Franchise Training at Headquarters

8 Weeks out
Technical Interview Support
Marketing Review & Setup Support

3 Weeks out
Pre-Opening Administration
MyTime Set-Up

2 Weeks out - onsite
Shop Opening Setup Support

Week of opening - onsite
MIT Payroll Training CSC Training Support
MyTime Training Team Orientation
Operations Training Grand Opening Support
Technical Training

Before and after opening:
Ongoing Support:
Administrative Marketing
Accounting / Financial Operations
Facilities / Construction Training
IT / Technical Client Services


Ideal Candidate

Owner-Operator:
Oversee daily activities; ie., scheduling, hiring, recruiting, local marketing, accounting, payroll, etc.

Semi-Passive:
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.

IDEAL CANDIDATE
Business minded entrepreneurs Passionate about beauty + grooming industry
Excellent Customer service, sales and communication skills
Current multi-unit operators looking to expand their portfolio


Financial Detail

Total Investment: $399,500 - $762,500
Net Worth:  $1,500,000
Liquid Capital:  $500,000

Franchise Fees:  Single = $49,500;  2pk:  $99,000;  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:  YES, 25% Off Initial Franchise Fee



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