Floyd’s 99 Barbershop Franchise FDD, Profits & Costs (2025)

Floyd’s 99 Barbershop stands out as a distinguished name in the realm of traditional and modern barbering. Established by the O’Brien siblings—Paul, Bill, and Rob—in 1999 in Denver, Colorado, the brand has swiftly carved its niche within the grooming sector.
With the introduction of its franchising model, Floyd’s 99 has opened doors for business-minded individuals to become part of a brand that marries classic barber techniques with a contemporary flair.
The distinctiveness of Floyd’s 99 lies in its dedication to fostering a welcoming, rock ‘n’ roll-themed environment, ensuring clients enjoy a relaxed experience while benefiting from superior grooming services.
The brand prides itself on serving a varied customer base, providing everything from timeless cuts to avant-garde styles, all executed by experienced and innovative barbers.
Initial Investment
How much does it cost to start a Floyd’s 99 Barbershop franchise? It costs on average between $400,000 – $763,000 to start a Floyd’s 99 Barbershop franchised studio.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee chooses to lease or purchase the property.
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 | $399,500 – $762,500 |
Average Revenue (AUV)
How much revenue can you make with a Floyd’s 99 Barbershop franchise? A Floyd’s 99 Barbershop franchised business makes on average $924,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $343,000 yearly revenue for similar hair salon franchises. Below are 10 Floyd’s 99 Barbershop competitors as a comparison:
Floyd’s 99 Barbershop Franchise Disclosure Document
Frequently Asked Questions
How many Floyd’s 99 Barbershop locations are there?
As of the latest data, Floyd’s 99 Barbershop operates approximately 137 locations across the United States. Out of these, 62 are franchise-owned, with the remaining being company-owned. This setup allows the brand to maintain a strong corporate presence while supporting franchise growth.
What is the total investment required to open a Floyd’s 99 Barbershop franchise?
The total investment required to open a Floyd’s 99 Barbershop franchise ranges from $400,000 to $763,000.
What are the ongoing fees for a Floyd’s 99 Barbershop franchise?
A Floyd’s 99 Barbershop franchise requires ongoing fees that include a 6% royalty fee and a 2% marketing fee, both based on gross sales. These fees cover franchise support and brand-wide marketing efforts.
What are the financial requirements to become a Floyd’s 99 Barbershop franchisee?
To become a Floyd’s 99 Barbershop franchisee,you must have a minimum net worth of $1 million and liquid capital of at least $300,000. These financial requirements ensure that franchisees have the resources needed to invest in the business and manage startup costs effectively.
How much can a Floyd’s 99 Barbershop franchise owner expect to earn?
The average gross sales for a Floyd’s 99 Barbershop franchise are approximately $0.92 million per location. Assuming a 15% operating profit margin, $0.92 million yearly revenue can result in $138,000 EBITDA annually.
Who owns Floyd’s 99 Barbershop?
Floyd’s 99 Barbershop is owned by the O’Brien family, specifically the three founding brothers: Paul, Rob, and Bill O’Brien. They established the business in 1999, creating a unique barbershop brand known for its vibrant, music-themed atmosphere and quality hair services for diverse clientele.
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