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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.
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Franchise Costs
6% royalty + 1.5% to 3% ad fund + $190/mo technology + $262.50/mo POS + $405/mo network + $55/mo phones
Financial Performance
Item 19 Financial Performance
Data Based On: Performance data based on 59 franchised barbershops (44 mature, 15 new) for the year 2025.
* Calculated weighted average gross revenue and average EBITDA for 2025 by combining data from 44 Mature Franchised Barbershops and 15 New Franchised Barbershops. Weighted Average Gross Revenue = (44 * $946,315 + 15 * $595,314) / (44 + 15) = $857,077.46. Weighted Average EBITDA = (44 * $160,563 + 15 * $35,593) / (44 + 15) = $128,790.97. EBITDA Margin Percentage = Weighted Average EBITDA / Weighted Average Gross Revenue = 0.1503.
Extracted Item 19 Section
Avg. Revenue: $857,077
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Unlock financial performance dataHow Floyd's 99 Compares
Key Insights
- Higher investment than 84% of Specialty Retail franchises
- Higher than average SBA loan default rate in Specialty Retail
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Floyd's 99 Current | $400K – $773K | $50K | 6.0% | 72 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| MERLE NORMAN COSMETICS | $48K – $263K | N/A | N/A | 757 |
| GNC | $130K – $450K | $20K | 6.0% | 643 |
| BATTERIES PLUS | $285K – $537K | $50K | 5.0% | 601 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
Specialty Retail Average 51 franchises | $285K – $685K | $39K | 5.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 51 Specialty Retail franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
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Unlock location growth dataSBA 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.
9 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
85 franchisee contacts on file from official FDD filings.
85 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
One class action lawsuit filed by former employees of a franchisee alleging joint employer liability, which was settled.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Floyd's 99 franchise ranges from $399,500 to $772,500. This includes a franchise fee of $49,500. Ongoing royalty fees are 6.0% of gross sales.
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