
Floyd's 99 Barbershop
Haircuts, hair coloring, shaves, retail products- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$294K - $642K
- Units as of 2019
-
119 15.5% over 3 years
Company Overview
About Floyd's 99 Barbershop
- Industry
- Personal-Care Businesses
- Related Categories
- Hair Care
- Founded
- 2001
- Leadership
- Paul O'Brien, CEO
Franchising Overview
- Franchising Since
- 2005 (17 years)
- # of employees at HQ
- 45
- # of Units
- 119 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Floyd's 99 Barbershop franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $45,000
- Initial Investment
- $294,000 - $642,000
- Net Worth Requirement
- $1,500,000
- Cash Requirement
- $500,000
- Royalty Fee
- 6%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 120 hours
- Classroom Training
- 40 hours
- Additional Training
- Online seminars
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 12-20
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Floyd's 99 Barbershop franchise.
Franchise 500 Ranking History
Compare where Floyd's 99 Barbershop landed on this year’s Franchise 500 Ranking versus previous years.
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