Floyd's 99 is a contemporary barbershop franchise offering men's haircuts, grooming services, and styling in a trendy atmosphere. The brand combines skilled barbers with a rock-and-roll aesthetic to create a modern grooming experience.
Greenwood Village, CO · Founded 1999 · floyds99barbershop.com →
The Floyd's 99 franchise in the Health & Beauty category. This report analyzes the full Franchise Disclosure Document including unit economics, fee structure, growth trends, and risk indicators to help you evaluate the cost of investing in Floyd's 99.
Critical issues identified from FDD analysis that warrant serious consideration before investing.
Composite quality score based on growth, stability, efficiency, fees, transparency, and system size.
Financial performance data as disclosed in FDD Item 19.
| Metric | Value | Unit | Cohort | Period |
|---|---|---|---|---|
| Average | $963,324 | USD | Franchised | 2022 |
| High | $1,832,142 | USD | Franchised | 2022 |
| Median | $924,125 | USD | Franchised | 2022 |
| Low | $407,781 | USD | Franchised | 2022 |
| Number | 17.0 | COUNT | Franchised - Shops Exceeding the Average | 2022 |
| Percentage | 44.0% | PCT | Franchised - Shops Exceeding the Average | 2022 |
| Number of Shops | 39.0 | COUNT | Franchised | 2022 |
| Average | $865,728 | USD | Franchised | 2021 |
| High | $1,656,250 | USD | Franchised | 2021 |
| Median | $880,958 | USD | Franchised | 2021 |
| Low | $344,503 | USD | Franchised | 2021 |
| Number | 15.0 | COUNT | Franchised - Shops Exceeding the Average | 2021 |
| Percentage | 50.0% | PCT | Franchised - Shops Exceeding the Average | 2021 |
| Number of Shops | 30.0 | COUNT | Franchised | 2021 |
| Average | $670,017 | USD | Franchised | 2020 |
| High | $1,180,483 | USD | Franchised | 2020 |
| Median | $688,431 | USD | Franchised | 2020 |
| Low | $206,196 | USD | Franchised | 2020 |
| Number | 14.0 | COUNT | Franchised - Shops Exceeding the Average | 2020 |
| Percentage | 52.0% | PCT | Franchised - Shops Exceeding the Average | 2020 |
| Number of Shops | 27.0 | COUNT | Franchised | 2020 |
| Average | $837,177 | USD | Company-Owned | 2022 |
| High | $1,542,186 | USD | Company-Owned | 2022 |
| Median | $814,707 | USD | Company-Owned | 2022 |
| Low | $285,128 | USD | Company-Owned | 2022 |
| Number | 35.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2022 |
| Percentage | 47.0% | PCT | Company-Owned - Shops Exceeding the Average | 2022 |
| Number of Shops | 74.0 | COUNT | Company-Owned | 2022 |
| Average | $690,993 | USD | Company-Owned | 2021 |
| High | $1,328,562 | USD | Company-Owned | 2021 |
| Median | $680,601 | USD | Company-Owned | 2021 |
| Low | $288,672 | USD | Company-Owned | 2021 |
| Number | 35.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2021 |
| Percentage | 48.0% | PCT | Company-Owned - Shops Exceeding the Average | 2021 |
| Number of Shops | 73.0 | COUNT | Company-Owned | 2021 |
| Average | $554,394 | USD | Company-Owned | 2020 |
| High | $1,111,112 | USD | Company-Owned | 2020 |
| Median | $522,970 | USD | Company-Owned | 2020 |
| Low | $227,829 | USD | Company-Owned | 2020 |
| Number | 34.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2020 |
| Percentage | 44.0% | PCT | Company-Owned - Shops Exceeding the Average | 2020 |
| Number of Shops | 77.0 | COUNT | Company-Owned | 2020 |
| Metric | Value | Unit | Cohort | Period |
|---|---|---|---|---|
| Average | 28493.0 | COUNT | Franchised | 2022 |
| High | 56930.0 | COUNT | Franchised | 2022 |
| Median | 27081.0 | COUNT | Franchised | 2022 |
| Low | 11496.0 | COUNT | Franchised | 2022 |
| Number | 16.0 | COUNT | Franchised - Shops Exceeding the Average | 2022 |
| Percentage | 41.0% | PCT | Franchised - Shops Exceeding the Average | 2022 |
| Number of Shops | 39.0 | COUNT | Franchised | 2022 |
| Average | 29347.0 | COUNT | Franchised | 2021 |
| High | 64414.0 | COUNT | Franchised | 2021 |
| Median | 29356.0 | COUNT | Franchised | 2021 |
| Low | 10302.0 | COUNT | Franchised | 2021 |
| Number | 15.0 | COUNT | Franchised - Shops Exceeding the Average | 2021 |
| Percentage | 50.0% | PCT | Franchised - Shops Exceeding the Average | 2021 |
| Number of Shops | 30.0 | COUNT | Franchised | 2021 |
| Average | 23550.0 | COUNT | Franchised | 2020 |
| High | 44429.0 | COUNT | Franchised | 2020 |
| Median | 25022.0 | COUNT | Franchised | 2020 |
| Low | 6683.0 | COUNT | Franchised | 2020 |
| Number | 15.0 | COUNT | Franchised - Shops Exceeding the Average | 2020 |
| Percentage | 56.0% | PCT | Franchised - Shops Exceeding the Average | 2020 |
| Number of Shops | 27.0 | COUNT | Franchised | 2020 |
| Average | 22808.0 | COUNT | Company-Owned | 2022 |
| High | 48001.0 | COUNT | Company-Owned | 2022 |
| Median | 22391.0 | COUNT | Company-Owned | 2022 |
| Low | 8039.0 | COUNT | Company-Owned | 2022 |
| Number | 45.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2022 |
| Percentage | 61.0% | PCT | Company-Owned - Shops Exceeding the Average | 2022 |
| Number of Shops | 74.0 | COUNT | Company-Owned | 2022 |
| Average | 20875.0 | COUNT | Company-Owned | 2021 |
| High | 44553.0 | COUNT | Company-Owned | 2021 |
| Median | 19776.0 | COUNT | Company-Owned | 2021 |
| Low | 9646.0 | COUNT | Company-Owned | 2021 |
| Number | 46.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2021 |
| Percentage | 63.0% | PCT | Company-Owned - Shops Exceeding the Average | 2021 |
| Number of Shops | 73.0 | COUNT | Company-Owned | 2021 |
| Average | 17489.0 | COUNT | Company-Owned | 2020 |
| High | 38245.0 | COUNT | Company-Owned | 2020 |
| Median | 16481.0 | COUNT | Company-Owned | 2020 |
| Low | 6881.0 | COUNT | Company-Owned | 2020 |
| Number | 41.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2020 |
| Percentage | 53.0% | PCT | Company-Owned - Shops Exceeding the Average | 2020 |
| Number of Shops | 77.0 | COUNT | Company-Owned | 2020 |
| Metric | Value | Unit | Cohort | Period |
|---|---|---|---|---|
| Average | $34 | USD | Franchised | 2022 |
| High | $39 | USD | Franchised | 2022 |
| Median | $34 | USD | Franchised | 2022 |
| Low | $31 | USD | Franchised | 2022 |
| Number | 20.0 | COUNT | Franchised - Shops Exceeding the Average | 2022 |
| Percentage | 51.0% | PCT | Franchised - Shops Exceeding the Average | 2022 |
| Number of Shops | 39.0 | COUNT | Franchised | 2022 |
| Average | $30 | USD | Franchised | 2021 |
| High | $35 | USD | Franchised | 2021 |
| Median | $30 | USD | Franchised | 2021 |
| Low | $26 | USD | Franchised | 2021 |
| Number | 18.0 | COUNT | Franchised - Shops Exceeding the Average | 2021 |
| Percentage | 60.0% | PCT | Franchised - Shops Exceeding the Average | 2021 |
| Number of Shops | 30.0 | COUNT | Franchised | 2021 |
| Average | $28 | USD | Franchised | 2020 |
| High | $35 | USD | Franchised | 2020 |
| Median | $29 | USD | Franchised | 2020 |
| Low | $26 | USD | Franchised | 2020 |
| Number | 15.0 | COUNT | Franchised - Shops Exceeding the Average | 2020 |
| Percentage | 56.0% | PCT | Franchised - Shops Exceeding the Average | 2020 |
| Number of Shops | 27.0 | COUNT | Franchised | 2020 |
| Average | $37 | USD | Company-Owned | 2022 |
| High | $42 | USD | Company-Owned | 2022 |
| Median | $37 | USD | Company-Owned | 2022 |
| Low | $32 | USD | Company-Owned | 2022 |
| Number | 38.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2022 |
| Percentage | 51.0% | PCT | Company-Owned - Shops Exceeding the Average | 2022 |
| Number of Shops | 74.0 | COUNT | Company-Owned | 2022 |
| Average | $33 | USD | Company-Owned | 2021 |
| High | $38 | USD | Company-Owned | 2021 |
| Median | $33 | USD | Company-Owned | 2021 |
| Low | $29 | USD | Company-Owned | 2021 |
| Number | 35.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2021 |
| Percentage | 48.0% | PCT | Company-Owned - Shops Exceeding the Average | 2021 |
| Number of Shops | 73.0 | COUNT | Company-Owned | 2021 |
| Average | $32 | USD | Company-Owned | 2020 |
| High | $37 | USD | Company-Owned | 2020 |
| Median | $32 | USD | Company-Owned | 2020 |
| Low | $28 | USD | Company-Owned | 2020 |
| Number | 39.0 | COUNT | Company-Owned - Shops Exceeding the Average | 2020 |
| Percentage | 51.0% | PCT | Company-Owned - Shops Exceeding the Average | 2020 |
| Number of Shops | 77.0 | COUNT | Company-Owned | 2020 |
| Metric | Value | Unit | Cohort | Period |
|---|---|---|---|---|
| Average | $182,586 | USD | Franchised | 2022 |
| High | $459,824 | USD | Franchised | 2022 |
| Median | $175,418 | USD | Franchised | 2022 |
| Low | $35,242 | USD | Franchised | 2022 |
| Number | 15.0 | COUNT | Franchised - Shops Exceeding the Average | 2022 |
| Percentage | 43.0% | PCT | Franchised - Shops Exceeding the Average | 2022 |
| Number of Shops | 35.0 | COUNT | Franchised | 2022 |
| Metric | Value | Unit | Cohort | Period |
|---|---|---|---|---|
| Average | $609,982 | USD | Franchised Shop Annual Net Revenue | 2022 |
| High | $1,127,767 | USD | Franchised Shop Annual Net Revenue | 2022 |
| Median | $505,564 | USD | Franchised Shop Annual Net Revenue | 2022 |
| Low | $352,940 | USD | Franchised Shop Annual Net Revenue | 2022 |
| Number | 3.0 | COUNT | Franchised Shop Annual Net Revenue - Shops Exceeding the Average | 2022 |
| Percentage | 37.5% | PCT | Franchised Shop Annual Net Revenue - Shops Exceeding the Average | 2022 |
| Number of Shops | 8.0 | COUNT | Franchised Shop Annual Net Revenue | 2022 |
| Average | $216,952 | USD | Company-Owned Shop Annual Net Revenue | 2022 |
| High | $216,952 | USD | Company-Owned Shop Annual Net Revenue | 2022 |
| Median | $216,952 | USD | Company-Owned Shop Annual Net Revenue | 2022 |
| Low | $216,952 | USD | Company-Owned Shop Annual Net Revenue | 2022 |
| Number | 0.0 | COUNT | Company-Owned Shop Annual Net Revenue - Shops Exceeding the Average | 2022 |
| Percentage | 0.0% | PCT | Company-Owned Shop Annual Net Revenue - Shops Exceeding the Average | 2022 |
| Number of Shops | 1.0 | COUNT | Company-Owned Shop Annual Net Revenue | 2022 |
| Average | $76,660 | USD | Franchised Shop Operating Profit (EBITDA) | 2022 |
| High | $262,711 | USD | Franchised Shop Operating Profit (EBITDA) | 2022 |
| Median | $75,744 | USD | Franchised Shop Operating Profit (EBITDA) | 2022 |
| Low | $-52,564 | USD | Franchised Shop Operating Profit (EBITDA) | 2022 |
| Number | 4.0 | COUNT | Franchised Shop Operating Profit (EBITDA) - Shops Exceeding the Average | 2022 |
| Percentage | 50.0% | PCT | Franchised Shop Operating Profit (EBITDA) - Shops Exceeding the Average | 2022 |
| Number of Shops | 8.0 | COUNT | Franchised Shop Operating Profit (EBITDA) | 2022 |
| Average | 18091.0 | COUNT | Franchised Shop Client Count | 2022 |
| High | 34763.0 | COUNT | Franchised Shop Client Count | 2022 |
| Median | 15218.0 | COUNT | Franchised Shop Client Count | 2022 |
| Low | 10080.0 | COUNT | Franchised Shop Client Count | 2022 |
| Number | 3.0 | COUNT | Franchised Shop Client Count - Shops Exceeding the Average | 2022 |
| Percentage | 37.5% | PCT | Franchised Shop Client Count - Shops Exceeding the Average | 2022 |
| Number of Shops | 8.0 | COUNT | Franchised Shop Client Count | 2022 |
| Average | 6589.0 | COUNT | Company-Owned Shop Client Count | 2022 |
| High | 6589.0 | COUNT | Company-Owned Shop Client Count | 2022 |
| Median | 6589.0 | COUNT | Company-Owned Shop Client Count | 2022 |
| Low | 6589.0 | COUNT | Company-Owned Shop Client Count | 2022 |
| Number | 0.0 | COUNT | Company-Owned Shop Client Count - Shops Exceeding the Average | 2022 |
| Percentage | 0.0% | PCT | Company-Owned Shop Client Count - Shops Exceeding the Average | 2022 |
| Number of Shops | 1.0 | COUNT | Company-Owned Shop Client Count | 2022 |
| Average | $34 | USD | Franchised Shop Average Ticket | 2022 |
| High | $38 | USD | Franchised Shop Average Ticket | 2022 |
| Median | $34 | USD | Franchised Shop Average Ticket | 2022 |
| Low | $31 | USD | Franchised Shop Average Ticket | 2022 |
| Number | 4.0 | COUNT | Franchised Shop Average Ticket - Shops Exceeding the Average | 2022 |
| Percentage | 50.0% | PCT | Franchised Shop Average Ticket - Shops Exceeding the Average | 2022 |
| Number of Shops | 8.0 | COUNT | Franchised Shop Average Ticket | 2022 |
| Average | $33 | USD | Company-Owned Shop Average Ticket | 2022 |
| High | $33 | USD | Company-Owned Shop Average Ticket | 2022 |
| Median | $33 | USD | Company-Owned Shop Average Ticket | 2022 |
| Low | $33 | USD | Company-Owned Shop Average Ticket | 2022 |
| Number | 0.0 | COUNT | Company-Owned Shop Average Ticket - Shops Exceeding the Average | 2022 |
| Percentage | 0.0% | PCT | Company-Owned Shop Average Ticket - Shops Exceeding the Average | 2022 |
| Number of Shops | 1.0 | COUNT | Company-Owned Shop Average Ticket | 2022 |
Estimated using industry benchmarks for the Health & Beauty category. Actual costs vary significantly by location, operator, and market.
| Line Item | Amount | % of Revenue |
|---|---|---|
| Gross Revenue | $505,564 | 100% |
| COGS | $-75,835 | 15% |
| Labor | $-176,947 | 35% |
| Occupancy | $-60,668 | 12% |
| Marketing | $-25,278 | 5% |
| Other Costs | $-40,445 | 8% |
| Royalty Fee (franchisor) | $-0 | 0% |
| Ad Fund Fee (franchisor) | $-0 | 0% |
| Owner's Profit | $126,391 | 25.0% |
Automated risk indicators based on FDD data analysis.
Franchise unit trajectory based on FDD Item 20 data.
| Year | Start | Opened | Closed | Transferred | End | Closure Rate | Net Growth |
|---|---|---|---|---|---|---|---|
| 2019 | 32 | +85 | -- | 0 | 40 | -- | -- |
| 2020 | 40 | +56 | -2 | 0 | 45 | 5.0% | -- |
| 2021 | 45 | +63 | -20 | 0 | 49 | 44.4% | -- |
| 2022 | 3 | +13 | -- | -- | 13 | -- | -- |
How Floyd's 99 compares to peer brands in the Health & Beauty category.
Ratio = Investment midpoint ÷ median annual revenue. Lower is better. A 0.5x ratio means the initial investment equals half of one year's gross revenue. Does not account for operating costs, margins, or time value of money.
| Brand | Total Units | Investment Range | Median Revenue | Royalty | Inv/Rev Ratio |
|---|---|---|---|---|---|
| The Joint | 950 | $166K – $551K | No Item 19 | 7.0% | -- |
| Stretch Zone | -- | $178K – $327K | $508K | -- | 0.5x |
| Lindora | -- | $272K – $492K | $71K | 7.0% | 5.4x |
| GNC | -- | $188K – $507K | $476K | 6.0% | 0.7x |
| Elements Massage | -- | $516K – $730K | No Item 19 | 6.0% | -- |
| LaVida Massage | -- | $313K – $530K | $1.57M | 5.0% | 0.3x |
| Floyd's 99 | -- | -- | No Item 19 | -- | -- |
| Radiant Waxing | -- | $388K – $555K | No Item 19 | 6.0% | -- |
| Palm Beach Tan | -- | $648K – $1.13M | $497K | 6.0% | 1.8x |
| Pearle Vision | -- | $699K – $1.34M | $1K | 7.0% | 712.5x |
SBA 7(a) loan approvals for Floyd's 99 franchisees from the SBA FOIA public dataset. Lenders report franchise codes at origination — this is real lending activity, not estimates.
Source: SBA FOIA 7(a) public data. Franchise codes matched by brand name. Not all SBA loans are captured; some franchisees finance without SBA programs.
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