Jon'Ric International vs Floyd's 99 Barbershops Franchise Comparison

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

Start-Up Costs and Fees
 
Jon'Ric International Franchise
Floyd's 99 Barbershops Franchise
Investment $65,000 - $399,999$294,000 - $642,000
Franchise Fee $35,000$45,000
Royalty Fee 2%6%
Advertising Fee -2%
Year Founded 19832001
Year Franchised 20032005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Jon'Ric International Franchise
Floyd's 99 Barbershops Franchise
Experience

General business experience

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Financing Options
 
Jon'Ric International Franchise
Floyd's 99 Barbershops Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Jon'Ric International Franchise
Floyd's 99 Barbershops Franchise
Training --
Support

Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures

-
Marketing

National & Regional advertising

-
Operations

33% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 10

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

-

Expansion Plans
 
Jon'Ric International Franchise
Floyd's 99 Barbershops Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Jon'Ric International

Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.

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.