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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 1.5% national marketing contribution + $500/mo POS/service support fees
Franchise Stats
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 to Other Specialty Retail Franchises
Key Insights
- Higher investment than 83% of Specialty Retail franchises
- Higher than average SBA loan default rate in Specialty Retail
| Franchise | Investment Range | Franchise 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Floyd's 99 franchise?
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.
How much revenue does a Floyd's 99 franchise make?
According to the 2025 FDD, the average gross revenue for a Floyd's 99 franchise is $980,036. The median revenue is $954,156.
How many Floyd's 99 franchise locations are there?
As of the 2025 FDD, Floyd's 99 has 65 franchise locations.
Can you get an SBA loan for a Floyd's 99 franchise?
Yes, SBA loans are available for Floyd's 99 franchises. Historical data shows 9 SBA 7(a) loans have been approved for Floyd's 99 franchisees, with an average loan amount of $678,278. The historical default rate is 0.0%.
Is Floyd's 99 a good franchise to buy?
Floyd's 99 shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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