Site and Demographic Information

Site Characteristics

A great site is an important factor in the Floyd's 99 Barbershop formula. Here are a few of the key criteria for a Floyd's 99 site.

• 1,200 to 1,600 square feet.
• First location in a market should be in or near a happening area.
• End-cap preferred. Inline location acceptable. Corner location with a large wall of windows is ideal.
• Good ingress and egress from either the major traffic street or the major traffic flow.
• Signage that will be visible to the major traffic flow street.
• Minimal lease term of 5 years initially, with at least one renewal options of five years.
• For suburban locations, adequate parking is necessary. For urban locations, street or nearby parking is necessary. Dedicated parking is not required.
• Good mix of business and residential within a 3-mile radius to support seven-day business.
• Good retail synergy is important. High success correlations include “errand” destinations such as grocery stores, coffee shops, gyms, restaurants, etc.

Demographics

• Average annual income within a 2-mile radius above $40,000.
• Population within a 3-mile radius of at least 150,000.

Submit your site for consideration.