franchise requirements

 

1. Preferred that Franchisees live in the market they plan to develop.

2. Candidates must have a net worth of US $5.4 million or greater, excluding primary residence.

3. Cash requirements: US $2 million or greater (cash and securities, not including retirement accounts)

4. Five years minimum multi-unit management experience in a service related industry with the following skills:

  • Inspiring leader that creates a positive work environment
  • Staffing, training and supervising a team of 25 employees or more
  • Developing and leading a support team infrastructure (operations, recruiting, marketing, HR)
  • Financial acumen with business plans, financial models, p&l reporting and balance sheets
  • Adhering to and reinforcing standardized operational procedures and marketing plans
  • A clear understanding of the real estate development process
broadway_wireframe_image_2The Original Floyd's 99 Barbershop on Broadway, Denver, CO 2001

 

FAQS

  • Do you offer single shop franchises?
    • We are currently only interested in Franchise Partners that can open a market with a four-shop minimum development plan.
  • What does it cost to open a franchise?
    • We will disclose all relevant costs through our franchise disclosure document (FDD) once you have meet our franchising qualification
  • How much does a Floyd’s 99 Barbershop do in sales?
    • The performance of your Floyd’s 99 Barbershops will depend on a number of factors including real estate-related costs, operating expenses, financing expenses and your ability to successfully operate the barbershops.
  • How many Floyd’s 99 Barbershops are there?
    • We currently have over 100 shops in ten states.
  • How many shops are franchise owned?
    • We currently have over 28 franchise-owned shops in five markets.
  • What are the franchise markets?
    • Our current franchise-owned shops are in Dallas, Austin, San Diego, Orlando and Northern Colorado.
  • What are the available markets?
  • I have a great location for a Floyd’s 99 Barbershop and would like to discuss it with someone, who should I contact?
woodland_hills_croppedFloyd's 99 Barbershop - Woodland Hills, Los Angeles, CA