Floyd's 99Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Floyd's 99 franchise requires a total initial investment of $400K – $768K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $980K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 12 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $400K – $768K
- 36th pct Personal Care…
- Avg gross sales
- $980K
- 27th pct Personal Care…
- Royalty
- 6.0%
- 9th pct Personal Care…
- Units
- 138
- 38th pct Personal Care…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Only 0.0% of 12 SBA loans charged off, well below the 16% franchise average.
27% cash-on-cash return (based on P&L Bottom Line). Within the 15-30% range most franchise investors consider acceptable.
Bottom line
- Total investment $400K – $768K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $980K/year (median $954K), with an estimated 27% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 5/100. SBA loan charge-off rate of 0.0% across 12 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 25.0% CAGR over 3 years with 138 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Floyd’s 99 Franchising, LLC
- Parent company
- Floyd’s 99 Holdings, LLC
- Ultimate parent
- Floyd's 99 Holdings, LLC
- Incorporated in
- CO
- HQ
- 7900 E. Berry Place, Greenwood Village, Colorado 80111
- Auditor
- Plante & Moran, PLLC
- Audited financials
- Franchisor revenue
- $7.9M
- vs $7.7M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Overview
About
Floyd's 99 is a men's grooming and barbershop franchise offering haircuts, shaves, and related services in a branded retail environment. Day-to-day operations involve managing barber/stylist staff, customer scheduling, inventory management, and maintaining brand standards across the 10-year license term.
- CEO
- Robert O’Brien
- Headquarters
- CO
- Founded
- 2005
- FDD year
- 2025
- States available
- 15
FDD Item 7 · 2025 filing · 12 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $50K | $50K | |
| Building, Tenant Improvements and Rent | $185K | $400K | |
| Equipment, Furnishings, Finishes and Supplies | $50K | $90K | |
| Signs | $14K | $55K | |
| Point-of-Sale System, Software, Office Equipment, Audio/Video, IT and Electronicsnot refundable | $12K | $25K | |
| Opening Inventory and Supplies | $8K | $14K | |
| Security Deposits, Utility Deposits, Business Licenses | $5K | $12K | |
| Initial Advertising and Marketing Campaign | $25K | $25K | |
| Initial Training: Travel and Living Expenses | $4K | $8K | |
| Insurance | $2K | $3K | |
| Professional Fees | $5K | $15K | |
| Additional Funds - 3 months | $40K | $71K | |
| Total initial investment | $400K | $768K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$221K
22.5% margin
Unlevered ROIC
35%
EBITDA / total invested capital
Payback
35 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $400K – $768K
- Better than avg vs category
- Liquid capital req'd
- $40K – $71K
- Better than avg vs category
- Franchise fee
- $35K – $50K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
- Payback period
- 3.7 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $125 |
| Transfer fee | $8K |
| Renewal fee | $20 |
| Total fee load | 7.5% of rev |
Financial Performance
- Avg gross sales
- $980K
- Per unit, per year
- Median gross sales
- $954K
- Avg p&l bottom line
- $156K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 26.8%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historical
- Sample size
- 43 units
- vs category median 35
- Range (low → high)
- $395K→$1.9M
- Cohort dispersion (min → max)
- Transparency tier
- none
- Categorical assessment of disclosure depth
- Transparency
- 7 / 5
- vs category median 4 / 5 · above
Compared against 186 Personal Care & Beauty brands
vs Personal Care & Beauty averages
How Floyd's 99 Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 138
- Opened
- 5
- Last reporting year
- Closed
- 2
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 1.4%
- Company-owned
- 73
- Corporate units in the system
- % franchised
- 47%
- vs corporate-owned
- Multi-unit owners
- 3.0%
- Net growth (yr3)
- +4.8%
- Net unit change last year
- 3-yr CAGR
- +25.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 24
- Transfer rate
- 17.4%
- Owners selling to other franchisees
- Ceased ops
- 2.2%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 11 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 12
- Loan volume
- $7.6M
- Median loan
- $634K
- average
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 4
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
With a 0.0% charge-off rate across 12 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Floyd's 99 presents moderate-to-caution risk due to unresolved labor litigation, slow unit growth, lack of financial transparency, and investment payback concerns requiring careful validation of franchisee profitability claims.
Litigation (Item 3)
Matthew Chavez and Nicole Deis v. Roise Barbers, Inc., Jonathan M. Roise, Floyd's 99 Holdings, LLC and Floyd's 99 Franchising, LLC (San Diego Superior Court). Former employees of franchisee alleged employment and labor violations. Floyd's 99 Franchising, LLC paid $2,500 as part of settlement on September 6, 2024. Case dismissed without prejudice on December 12, 2024.
Largest disclosed settlement: $2,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Plante & Moran, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 5 / 100 rating
- 01HIGHJoint employer litigation (2020) with December 2024 dismissal raises labor compliance concerns and potential for future claims despite small settlement amount
- 02MINORSlow unit growth of 4.8% YoY suggests market saturation or franchisee struggles; 138 units is modest for established brand
- 03MINORNo Item 19 (Financial Performance Representations) in FDD limits ability to validate $156K avg net income claim; high variance likely exists
- 04MINORHigh initial investment range ($399.5K-$767.5K) with modest average net income ($156K) creates 2.6-4.9 year payback period at risk
- 05MEDLabor violation allegations dismissed without prejudice, meaning claims could be refiled; indicates systemic labor management issues at franchisee level
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Colorado |
| Litigation count | 1 |
View Item 3 litigation summary
Matthew Chavez and Nicole Deis v. Roise Barbers, Inc., Jonathan M. Roise, Floyd's 99 Holdings, LLC and Floyd's 99 Franchising, LLC (San Diego Superior Court). Former employees of franchisee alleged employment and labor violations. Floyd's 99 Franchising, LLC paid $2,500 as part of settlement on September 6, 2024. Case dismissed without prejudice on December 12, 2024.
Items 10, 11
Training & Operations
- Classroom training
- 40 hrs
- On-the-job training
- 80 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
60 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Floyd's 99 · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Floyd's 99 franchise?
The total investment to open a Floyd's 99 franchise ranges from $400K – $768K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Floyd's 99 franchise owners earn?
According to Item 19 of the Floyd's 99 FDD, the average gross sales per unit is $980K. The median is $954K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Floyd's 99's franchise failure rate?
Based on SBA 7(a) loan data, Floyd's 99 has a charge-off rate of 0.0% across 12 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Floyd's 99 franchise locations are there?
As of their most recent FDD filing, Floyd's 99 has 138 total units in the United States, including 52 franchised units and 73 company-owned units. 5 new units were opened in the latest reporting year.
Is Floyd's 99 a good franchise to buy?
FranchiseVerdict rates Floyd's 99 as a A-grade franchise with a risk score of 5 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.