The Lemon Tree vs Floyd's 99 Barbershops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Lemon Tree vs Floyd's 99 Barbershops including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Lemon Tree Franchise
Floyd's 99 Barbershops Franchise
Investment $161,206 - $232,572$294,000 - $642,000
Franchise Fee $32,500$45,000
Royalty Fee 6%6%
Advertising Fee -2%
Year Founded 19742001
Year Franchised 19762005
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
The Lemon Tree Franchise
Floyd's 99 Barbershops Franchise
Experience --

Financing Options
 
The Lemon Tree Franchise
Floyd's 99 Barbershops Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment Yes/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
The Lemon Tree Franchise
Floyd's 99 Barbershops Franchise
Training Additional training available as needed-
Support Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations 15% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 5 - 10

Absentee ownership of franchise is NOT allowed. (60% of current franchisees are owner/operators)

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Expansion Plans
 
The Lemon Tree Franchise
Floyd's 99 Barbershops Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

About The Lemon Tree

Lemon Tree Hair Salons is proud to be a national brand of locally owned and operated hair salons. We are a large family of professional hair salons, all locally owned and operated in many areas of the country. We at Lemon Tree Hair Salons are proud of our brand's rich history of providing high quality salon services at value pricing for the past 45 years! We value our amazing talent and are always excited to offer our full range of value priced, professional salon services, including Haircuts. So please, next time you find yourself searching online for "Haircuts near me", feel free to visit your local salon and discover for yourself the Lemon Tree difference!
The Lemon Tree was founded in 1974 to provide family haircuts. When Joan M. Cable purchased her first salon in Bethpage, New York, this mother of three kept the salon open from 8 a.m. to 10 p.m. seven days a week.

Today, nearly 100 franchises offer services ranging from haircuts and styling to beard and mustache trim, updos, body waves, highlighting, coloring and permanents.

About Floyd's 99 Barbershops

Floyd's 99 Barbershop is an on-trend offering that has a commitment to quality; quality service, quality employee relations and quality facilities. It's a proven success in corporate markets in Denver, Colorado and Los Angeles, California and is growing nationwide through franchising.
With Floyd's 99, you are part of a team poised for long-term success, and we are here to help.
Floyd's 99 Barbershop is offering the opportunity to be a part of our successful franchise that's different, edgy, and just plain DAMN cool. Our shops are designed to have a fun, engaging neighborhood hangout feel with great music, high energy, and a full menu of services for men and women. This, along with our proven set of service standards, is what makes Floyd’s 99 one of a kind in the industry.

"Entrepreneur
#416 in Franchise 500 for 2020.