Colorado-based Floyd’s 99 Barbershop is expanding into Arkansas with a Fayetteville location amid plans to more than double its footprint by 2025.
The family-owned company that was established in 1999 in Denver by brothers Bill, Paul and Rob O’Brien opened the Fayetteville barbershop in early November at 2410 N. College Ave., adjacent to Starbucks. The expansion into Arkansas is part of the plan to grow to more than 300 barbershops in the next four years. In 2020, the company increased its franchise shops by 20%, growing to more than 125 locations in 14 states.
The Fayetteville shop co-owners include Bob Gregg and Courtney Lindley, a Dallas-based franchisee who owns 20 Floyd’s locations.
“We could not be more excited to introduce Floyd’s to Fayetteville,” Lindley said. “The amplified experience and fun our team members have in the shop is something that we believe needs to be shared. The welcoming atmosphere and vibe in Fayetteville go hand in hand with what we have been able to create in the shop. We are so excited to be part of the community.”
Lindley, who also operates fast-casual restaurants, recently signed a 22-shop development agreement to bring his total number of Floyd’s franchises to 42. Over the next 12 to 18 months, two more barbershops are tentatively planned to open in Arkansas.
“Strictly economically, this year has caused us all to reexamine our business and look at the stability of the industries we’re in,” Lindley said. “There used to be the quest for the recession-proof business – the golden egg. While I don’t see any business as recession-proof, I do believe that barbershops are recession-resistant. We’ve worked with Floyd’s for years now and really appreciate the recognition they bring to each market as well as their branding and the ease of the partnership.”
The Fayetteville location will have eight barbers. Hours will be 9 a.m. to 9 p.m. Tuesday through Thursday, 9 a.m. to 8 p.m. Friday and 9 a.m. to 6 p.m. Saturday and Sunday.