Floyd’s 99 Barbershop Claimed
Floyd's 99 Barbershop Franchise For Sale
Hip, up-scale service barbershop, family-founded in 1999.
Shops consist of diverse styles, Stylists and Barbers with a high energy vibe!
Music legends and icons overlook each guest bringing a rock ‘n’ roll liveliness to every service.
Expert Cuts + Amplified Experience, specializing in custom cuts, fades, colors and shaves for everyone.
Clients love getting a cut at Floyd’s, Barbers & Stylists love working with Floyd’s resulting in both high customer and staff retention rates!
Franchise Background
Total Franchise Partners: 12
Total Locations Sold: 143
Total Locations Open: 136
Total Franchise Partner Owned Open Locations: 63
Total Corporate / Affilate Owned Open Locations: 73
Total States with Open Locations: 16
Registered: IN, MI, MN, RI, SD, VA, WI
Pending: CA, IL, MD, ND, WA
Deferral: None
Not Registering: HI, NY
Canada Franchises: No
International Franchises: No
Financial Terms
Liquid Captil: $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
Support & Training
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
Current multi-unit operators looking to expand their portfolio
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