Floyd's 99
Floyd's 99 Franchising, LLC offers franchises for operating retail barbershops under the 'FLOYD’S 99' brand, providing haircutting, coloring, barbering, and grooming services in a modern, trendy atmosphere by licensed professionals. The business model primarily involves multi-unit development agreements for qualified developers to open multiple shops in designated areas, with some single-unit franchises on a case-by-case basis, including retail sales of branded grooming products. They target walk-in clients, primarily men but also women, seeking value-priced, high-quality services between discount chains and upscale salons.
Franchise Costs
6% royalty + 1.5% national marketing contribution + $500/mo POS/service support fees
Financial Performance
Item 19 Financial Performance
Data Based On: 43 Mature Franchised Barbershops reporting for the full year 2024 for Annual Net Revenue and Operating Profit (EBITDA).
* Extracted data for Mature Franchised Barbershops for the year 2024. Average Gross Revenue from Chart 1, Average EBITDA from Chart 2. EBITDA margin calculated as Average EBITDA ($156,236) divided by Average Gross Revenue ($980,036). No additional expense or profit margin data was provided to estimate a net profit range.
Extracted Item 19 Section
How Floyd's 99 Compares
Key Insights
- Higher investment than 83% of Specialty Retail franchises
- Higher than average SBA loan default rate in Specialty Retail
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Floyd's 99 Current | $400K – $768K | $50K | 6.0% | 65 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Floyd's 99 franchisees (2019 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
105 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
105 Contacts Available
Unlock all Floyd's 99 franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Floyd's 99 franchise ranges from $399,500 to $767,500. This includes a franchise fee of $49,500. Ongoing royalty fees are 6.0% of gross sales.
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