Franchise Interviews

We have a great show today.  We are meeting with Scott Nichols of Floyd's 99 Barbershop.  With 115+ units across the U.S., the barbershop known for its edgy, alternative vibes that embrace individuality is revitalizing its franchise efforts.  The Denver-based franchisor had never emphasized a strategic effort toward franchise growth -- everything had been word of mouth through personal relationships with the founders, existing customers and simply people walking by who loved the concept. As it nears 20 years of business and looks ahead to the next 20, Floyd's 99 wants to expand its footprint with strong franchise partners that embody its brand and vibe.  To help with the expansion, they hired seasoned franchise executive, Scott Nichols. He joins Floyd’s 99 with more than 25 years of franchise experience – working for nationally-recognized brands like Dunkin’, Jimmy Johns and Sears Hometown and Outlet Stores as well as emerging franchise concepts like SPENGA where he grew the brand from one company owned to 62 franchises sold.  Today, Scott will share the founders' story (three brothers from the sport's concession business), how the brand differs from other barbershops/hair salons, growth/opportunities in the hair/beauty space, rich culture the brand embodies, its franchise strategy, where it sees itself in the marketplace, and more.  In Part Two, we play a clip from our popular Great Quotes in Franchising podcast.