Floyd's 99 Barbershop

Founded: 2001 Franchising since: 2005

5340 S. Quebec St., #205N Greenwood Village, Colorado 80111

Phone: (303)779-8400

Franchisor has 10 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	11	0	1	16
2007	8	0	1	15
2006	4	0	0	12
2005	1	0	0	8

Total investment: $227.5K-386.5K Franchise fee: $30K

Ongoing royalty fee: 6% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $500K
Business Experience:

• General business experience

Operations

• 80% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 12 - 20
• Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 10 days
• At franchisee's location: 3 days
• Online seminars

Ongoing Support

• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks