Floyd's 99 Barbershop Franchise — Costs & How to Buy
- Initial investment
- —
- Franchise fee
- Included as part of the initial investment, covering initial
- Royalty
- Ongoing royalties are paid by the franchisee to the franchis
- Units open
- —
- Liquid capital
- $500+
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Overview
Floyd's 99 Barbershop is a national franchise chain that offers high-quality haircare services, positioning itself between discount cut-shops and high-end salons. They provide an amplified experience beyond just a haircut, catering to a loyal client base with a stellar reputation. The company offers a proven business model for aspiring entrepreneurs to open and operate their own barbershop franchise.
Key differentiators
["Unique niche straddling the space between discount cut-shops and high-end salons.","Emphasis on delivering an 'amplified experience' beyond just a haircut.","Established and proven business model, reducing risks for new business owners.","Strong brand recognition and loyal client base."]
Training & support
The franchisor (Floyd's 99 Barbershop) typically provides comprehensive training programs and operational manuals to guide franchisees through critical aspects of running the business, including recruiting and managing staff, and implementing marketing and customer retention strategies. Initial training is covered by the franchise fee, and ongoing support is also provided.
Ideal candidate
Individuals seeking quality grooming and hair care services who appreciate an 'amplified experience' over basic cuts or overly luxurious salon settings. The brand targets urban and suburban populations with a demand for reliable and stylish grooming options, such as in thriving cities like Orlando with bustling populations interested in self-care.
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Floyd's 99 Barbershop franchise — frequently asked questions
How much does it cost to open a Floyd's 99 Barbershop franchise?+
Total initial investment for a Floyd's 99 Barbershop franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Floyd's 99 Barbershop charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Floyd's 99 Barbershop franchise?+
No prior industry experience is required. Floyd's 99 Barbershop provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Floyd's 99 Barbershop location?+
From signed franchise agreement to grand opening, most Floyd's 99 Barbershop franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Floyd's 99 Barbershop franchisees?+
Floyd's 99 Barbershop is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.