Floyd's 99 Barbershop

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Floyd's 99 Barbershop

Floyd's 99 Barbershop Franchise FDD, Costs & Fees (2025)

Floyd's 99 Barbershop provides haircuts, styling, and grooming services in a relaxed and edgy atmosphere, catering to modern men and women.

Floyd's 99 Barbershop has established itself as a leading franchise in the barbering industry, offering both traditional and modern grooming services. The brand was launched in 1999 by the O'Brien brothers—Paul, Bill, and Rob—in Denver, Colorado, and has since seen significant growth.

Floyd's 99 began franchising to enable entrepreneurs to become part of a brand that combines classic barbering with a contemporary twist. The barbershop offers a wide range of services, such as haircuts, beard trims, styling, and even tattoo services at select locations.

What distinguishes Floyd's 99 from other barbershops is its dedication to creating an inviting and rock 'n' roll-themed environment. This inclusive atmosphere allows clients to feel at ease while receiving high-quality grooming.

Floyd's 99 serves a diverse clientele, providing styles that range from traditional to avant-garde, all executed by talented and inventive barbers.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $49,500
Building, Tenant Improvements and Rent $185,000 – $400,000
Equipment, Furnishings, Finishes and Supplies $50,000 – $90,000
Signs $14,000 – $55,000
Point-of-Sale System, Software, Office Equipment, Audio/Video, IT and Electronics $12,000 – $20,000
Opening Inventory and Supplies $8,000 – $14,000
Security Deposits, Utility Deposits, Business Licenses $5,000 – $12,000
Initial Advertising and Marketing Campaign $25,000
Initial Training: Travel and Living Expenses $4,000 – $8,000
Insurance $2,000 - $3,000
Professional Fees $5,000 - $15,000
Additional Funds - 3 months $40,000 – $71,000
TOTAL ESTIMATED INITIAL INVESTMENT $399,500 – $762,500

Franchise Disclosure Document

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Competitors

Below are some of

Floyd's 99 Barbershop

key competitors in the

Hair salon

sector.

Started franchising
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Franchise fee

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Royalty fee

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
Floyd's 99 Barbershop
2005
52
+
16%
16%
$49,500
6.00%

$400,000

-

$763,000

$xxx,xxx

n.a.

$924,000

n.a.

xx%

n.a.

19.0%

xx%

n.a.

No
Upgrade
No
No
Upgrade
No
2004
51
+
11%
11%
$39,500
6.00%

$245,000

-

$388,000

$xxx,xxx

n.a.

$0

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade
2017
16
+
23%
23%
$50,000
4% - 6%

$631,000

-

$845,000

$xxx,xxx

n.a.

$968,000

n.a.

xx%

n.a.

n.a.

xx%

n.a.

No
Upgrade
No
No
Upgrade
No
1976
34
+
3%
3%
$35,000
6.00%

$179,000

-

$271,000

$xxx,xxx

n.a.

$343,000

90.7%

xx%

n.a.

n.a.

xx%

n.a.

No
Upgrade
No
Yes
Upgrade
Yes
2013
12
+
33%
33%
$45,000
6.00%

$353,000

-

$620,000

$xxx,xxx

n.a.

$503,000

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade
2017
27
+
13%
13%
$45,000
7.50%

$337,000

-

$460,000

$xxx,xxx

n.a.

$338,000

58.5%

xx%

n.a.

n.a.

xx%

n.a.

No
Upgrade
No
No
Upgrade
No
2018
17
+
750%
750%
$45,000
6.00%

$125,000

-

$401,000

$xxx,xxx

n.a.

$293,000

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade

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$49 / month
Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit margin

?

Franchise Disclosure Documents
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Priority support

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Franchisee

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Training 

The Floyd's 99 Barbershop franchise system provides comprehensive training to ensure franchisees are well-equipped to uphold the brand's standards and deliver exceptional service. The training consists of several essential components:

Initial Training Program: This compulsory program is designed for the Franchisee or Principal Manager and takes place at the Franchisor's designated training facilities. It is vital for learning the Franchisor's Licensed Methods, trademark protection, and maintaining brand consistency. The program encompasses approximately 20 hours of training. Based on the prior experience or training of the Franchisee or Principal Manager, the Franchisor may modify or waive certain parts of the program.

Manager Training Programs: New Principal Managers must complete either the initial training program or the Manager-in-Training (MIT) Program. The MIT Program includes roughly 20 hours of classroom instruction and 80 hours of practical, on-the-job training. This training is conducted partly at the Franchisee's Shop and partly at a location specified by the Franchisor.

Ongoing Training: Throughout the term of the Agreement, the Franchisor periodically provides mandatory seminars, conventions, programs, or meetings to ensure continuous learning and adherence to brand standards. While there are no tuition fees for mandatory training, Franchisees are responsible for their travel and living expenses.

Territory Protection

Franchisees are granted a "Protected Territory," usually defined as a specific radius around their Franchised Location. The size of this radius varies depending on local demographics and market conditions.

Despite this protection, franchise rights are non-exclusive, meaning franchisees may encounter competition from other franchisees, franchisor-owned outlets, or other brands managed by the franchisor.

Franchisees are limited to operating and advertising within their Protected Territory and are prohibited from activities such as accepting wholesale orders or making sales outside their premises. The franchisor retains the right to operate or license others to run Floyd’s 99 Shops outside the Protected Territory.

Number of units

2023
Franchised units

45

49

52

Company-owned units

80

77

76

Total units

125

126

128

Competitors

Knockouts

Franchisees

?

51
+
11%
11%
Investment

?

$245,000 - $388,000

Scissors & Scotch Barbershop

Franchisees

?

16
+
23%
23%
Investment

?

$631,000 - $845,000

Lemon Tree Hair Salons

Franchisees

?

34
+
3%
3%
Investment

?

$179,000 - $271,000

Primp and Blow

Franchisees

?

12
+
33%
33%
Investment

?

$353,000 - $620,000

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