WHO WE ARE
• Hip, up-scale service barbershop family-founded in 1999
• Shops consist of diverse styles and personalities of stylists and
barbers, high energy vibe, signature poster wall plastered with
music legends and icons
WHAT DRIVES OUR GROWTH
• Hair care industry expected to grow 11% between 2022 – 2031
• Clients love us, barbers and stylists love working with us
resulting in high customer and staff retention rates
• Multi revenue generation
How We Differentiate Ourselves
Customers in many markets have quite a few options when it comes to getting their hair cut. At Floyd’s, we realized that we needed to provide more than just haircuts – we needed to deliver experiences. That’s why our barbershops look and feel quite different from others. We’ve created welcoming environments with chill vibes where our clients feel more like friends.
Floyd’s always put clients first and is dedicated to making them look great and feel even better. By establishing relationships with them, we not only build a reliable client base, but we create repeat business and recurring revenue, as the average haircut cycle for men is about 4 – 6 weeks. Our franchise partners enjoy high average transactions that range between $36 and $48, depending on the market.
Where the Magic Happens
The franchise partners who experience the most success with our barbershop franchise are driven, experienced entrepreneurs. Simply stated: the more a franchise owner puts in, the greater the return on their investment. Though experience in the hair industry isn’t required, having a service mindset and a dedication to customer service are. We’ll help you hire licensed barbers and stylists with the necessary experience, and we offer them access to the latest technical education through our now-online Floyd’s Academy. We have found that our best franchise owners are those who come from the hospitality industry. We are currently looking for multi-unit investors who can help us develop new markets throughout the country.
|
Franchise Since
2006
|
|
# of Units
61
|
|
Investment Range
$399,500 - $762,500
|
|
Net Worth Requirement
1500000
|
|
Cash Requirement
500000
|
|
Royalty Fee
6%
|
|
Ad Royalty Fee
1.5%
|
|
Term of Agreement
|
|
is franchise term renewable?
|
|
Veteran discounts
|
A Lot of Opportunities
After seeing enough of what was going on there as a customer, and just the amount of heads that were coming in, I looked at it from that standpoint and said, okay, if that thing is making the kind of money that I think it is… Then, upon research and due diligence, we saw what they brought to the bottom line.
A lot of other brands with thousands and thousands of units are pretty cookie-cutter, and they are what they are in their business profile. We were looking for something that did have a culture, that did have an energy and a vibe… We saw there were a lot of opportunities there to make money based on what they were already doing. There were a lot of opportunities to complement and do what we do best (as restaurant operators) that works with Floyd’s.
- Justin Micatrotto
Multi-Unit Owner, NV
We Can Service All Clients
If you ask me what the culture is, the one word that always comes to mind is family. It's a culturally diverse team that can service all clients, do all types of haircuts, and have a connected message. I'd say 90% of our stylists can do just about anything. Whether it's my wife's hair or my kid's hair, it doesn't matter. They're all great at what they do. They're friendly. And I would tell you that is who Floyd’s is. It's a fun environment. There's a lot of energy inside the shops and our stylists bring their A-game all the time because they love what they do. And it's a fun, fun place to work and get your hair cut.
Throughout this entire process, I think we've always been bullish on this brand. I love it -- it is the look inside the shop, it is the experience we give to all of our clients. And it's the family atmosphere. I think those are critical to what we have. I think when people walk out of our shop, they're like, man, you guys do a great job because all the stylists and then the shops are so great.. I can go see anybody, and everybody can do a great haircut, right? That probably continues to be the most dynamic thing that we can provide.
- Courtney Lindley
Multi-Unit Owner, TX
The Multi-Unit Franchising is Perfect
Corporate is amazing. From the very get-go, even prior to your construction, you get on these weekly calls with the VP of facilities where they go over things that need to be done. It streamlines the process. You don't make mistakes, you don't have to go back and try to do something you missed because you're always on top of it. Basically, anything I need, I can call corporate and they will help me.
Floyd's has been amazing. The brothers, the whole team, the corporate office. The multi-unit franchising is perfect because you're not going to be massive unless you choose to, but you're just big enough where you can get out there. You can go to your stores, you can have those relationships and you can do well. I love it.
- Jay Palmer
Multi-Unit Owner, CO
We Have a Unique Experience
We have an amazing brand. We have a unique experience within the right category of the industry to target. From a quality and value perspective, I think that our blended quality and value proposition is better than anyone else, along with a relaxed, cool, and energetic experience. I think it's wrapped around all of that.
At the end of the day, the output is we're cutting hair, but it's a people business and we have to put people first in that business. We have to be involved in it every day in order to know and understand the challenges that those people face in leading their teams, and then be able to develop and create the support that they need in order to be most successful.
- Bob Gregg
Multi-Unit Owner, TX
