Question 1

How much does it cost to open a Floyd's 99 Barbershop franchise?

Accepted Answer

The total initial investment for a Floyd's 99 Barbershop franchise ranges from $400K to $768K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Floyd's 99 Barbershop franchise fee?

Accepted Answer

The initial franchise fee for Floyd's 99 Barbershop is $50K.

Question 3

What are the net worth requirements for a Floyd's 99 Barbershop franchise?

Accepted Answer

Net worth requirements for Floyd's 99 Barbershop are specified in the Franchise Disclosure Document.

Question 4

Does Floyd's 99 Barbershop require a personal guarantee?

Accepted Answer

Yes, Floyd's 99 Barbershop requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Floyd's 99 Barbershop franchise?

Accepted Answer

Equipment costs for a Floyd's 99 Barbershop franchise range from $50K to $90K. Initial inventory costs range from $8K to $14K.