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Floyd’s 99 Barbershop

Floyd’s 99 isn’t your grandpa’s barbershop. Founded in […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2006
Category Locations: Retail
Available Ownership Type: Executive,Owner Operator,Semi-Absentee,Absentee
Corporate HQ City: Greenwood Village
Corporate HQ State: CO
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: N/A
Royalty Percentage: 6%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Floyd's 99 isn't your grandpa's barbershop. Founded in 1999, it's a high-volume, high-energy franchise that blends the best of classic barbershops with a modern, inclusive twist. Think comfortable leather chairs, a rockin' soundtrack, and talented barbers crafting sharp cuts for men, women, and kids, all at an affordable price (haircuts typically start around $36). Floyd's doesn't just offer services, it cultivates a community vibe. Expect friendly banter, TVs tuned to sports, and maybe even a friendly game of darts or shuffleboard while you wait.This unique approach has resonated with customers and entrepreneurs alike. With over 300 locations across the US, Floyd's is a rapidly growing franchise and an attractive opportunity for investors. Startup costs range from $399,500 to $762,500, with an initial franchise fee of $49,500. But those figures come with comprehensive support - Floyd's provides extensive training, site selection assistance, and ongoing operational guidance to help franchisees hit the ground running. Think you've got the passion and business acumen? If you have a net worth of at least $1.5 million and a knack for creating a welcoming atmosphere, Floyd's 99 might be the perfect entrepreneurial adventure for you.

Support & Training offered by Floyd's 99 Barbershop

Floyd's 99 Barbershop offers a comprehensive support and training program for its franchisees, covering both staff training and franchisee support. Here's an outline:Staff Training:Pre-opening:Corporate educators train your staff on all aspects of barbering, including haircuts, styles, grooming techniques, and customer service. This training may occur in-person or online through their video resource library.Floyd's 99 curriculum: covers specific techniques, signature haircuts, and brand standards.Mentorship: Experienced educators stay in touch and provide ongoing support and guidance.Post-opening:Online training resource library: provides ongoing access to training materials and refresher courses.Regional field support: Regional field managers offer regular visits to ensure your shop is operating smoothly and adhering to brand standards.Franchisee conferences and workshops: offer opportunities for staff development and networking with other franchisees.Franchisee Support:Pre-opening:Site selection and development assistance: Floyd's helps you find the ideal location and navigate the construction process.Marketing and branding support: they provide access to their marketing materials and brand guidelines to ensure consistent branding across all franchises.Operational manuals and systems: you receive detailed manuals and resources outlining all operational procedures and best practices.Technology and point-of-sale systems: Floyd's provides a proprietary point-of-sale system and other technology tools to streamline your operations.Post-opening:Ongoing field support: regional field managers offer regular guidance and support on all aspects of running your shop.Marketing and advertising programs: you can participate in national and local marketing campaigns coordinated by Floyd's.Purchasing power: you benefit from volume discounts on supplies and equipment through Floyd's preferred vendor network.Performance metrics and reporting: they provide access to tools and reports to track your shop's performance and identify areas for improvement.Franchisee advisory council: provides a forum for franchisees to share feedback and make suggestions to corporate leadership.Additional Highlights:Strong emphasis on brand culture: Floyd's 99 is known for its fun and energetic atmosphere, and they instill this culture in their franchisees through training and ongoing support.Focus on technology: Floyd's embraces technology to streamline operations and provide franchisees with valuable data and tools.Camaraderie and support network: Floyd's fosters a strong sense of community among its franchisees, providing valuable peer support and networking opportunities.Overall, Floyd's 99 Barbershop's support and training program is designed to help franchisees succeed every step of the way, from pre-opening to ongoing operations.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $399,500 - $762,500
Master Franchise false
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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