Submit
Feedback

General

Industry

Retail Products and Services

Category

Specialized

Works with Franchise Brokers

No

Year of Founding

2002

Fees

Marketing Fee

0.25%

Royalty Fee

4%

Franchise Fee

$19,000-$38,000

Investment Range

$225K-$458K

Location units

Total U.S. Locations

192

U.S. Franchised Units

153

U.S. Corporate Units

39

Headquarters (City)

Carrboro

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2002

Issuance of FDD Data

04/08/2022

Key Indicators

Unlock premium content

Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$225K-$458K

Franchise Fee

$19,000-$38,000

What to know about Fleet Feet franchise?

The franchisee will operate a retail store selling specialty running and fitness merchandise, training programs, and services under the name of "Fleet Feet®" and other service names. The franchisee will receive initial and ongoing training in all aspects of the business, including product knowledge, selling techniques, customer service, local marketing, and operations. The franchisor will provide an Operations Manual that includes policies and procedures for operating the business. The franchisee will be required to follow these policies and procedures. The franchisee will use the Fleet Feet® marks in connection with the operation of the franchise business. The franchisor has spent many years and a great deal of money developing its goodwill and reputation in these marks and has obtained valuable trademark protection for them. The franchisee will not use any mark or trade name in connection with the franchise business other than those approved by the franchisor. The franchisee's store must be located at a site approved by the franchisor

Fleet Feet is based in Carrboro, NC. Scroll down to learn more!

How much does a Fleet Feet franchise cost?

Are you wondering how much is a Fleet Feet franchise? Before starting a Fleet Feet franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Fleet Feet franchise is $225,000 and can go all the way up to $458,000. Keep in mind, you should also allocate additional funds to live off of while the Fleet Feet business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Fleet Feet franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Fleet Feet business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Fleet Feet franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Fleet Feet. Hotels to the Specialized, Outdoor Retail Products and Services industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 127 8 1 131
2017 131 19 7 142
2018 142 5 4 143
2019 143 15 5 151
2020 151 3 5 149
2021 149 9 0 153

Additional Details

How much does a Fleet Feet franchise owner make?

Fleet Feet franchise earnings and revenue can vary significantly from one franchisee to another.
The Fleet Feet franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Fleet Feet discloses financials at the unit level. In other words, they show how much Fleet Feet franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Fleet Feet franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Fleet Feet. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Fleet Feet owners were making.

Visit the Fleet Feet metrics tab to explore the financials for this business.

What is the Fleet Feet franchise fee?

Owning a Fleet Feet franchise requires 4% royalty fee and 0.25% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Fleet Feet Franchise Disclosure Document

Keep in mind, there is also an initial Fleet Feet franchise fee of $19,000 that is included in the initial investment amount of $225,000 to $458,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Fleet Feet franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Fleet Feet franchise fee of $19,000.

Visit the Fleet Feet metrics tab to explore the financials for this business, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Fleet Feet founded?

Fleet Feet started offering franchises in 2002. Fleet Feet was founded 20 years ago in 2002.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Fleet Feet locations are in the U.S.?

As of 2022, there were 153 locations across the U.S. There are also 39 corporate locations. Most Retail Products and Services franchises like Fleet Feet have more franchised locations than corporate locations.

How many Fleet Feet franchises opened over the past few years?

Over the prior 3 years we have data for, Fleet Feet has opened 27 outlets throughout the U.S. Visit the Fleet Feet metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Fleet Feet franchises closed over the past few years?

Over the prior 3 years we have data for, Fleet Feet has closed 10 outlets throughout the U.S

Visit the Fleet Feet metrics tab to explore how the openings compare to other Retail Products and Services franchises.

Is Fleet Feet growing? Are they opening more locations than they are closing?

The net unit growth rate for Fleet Feet over the past 3 years is 7%. Over the last year we have data for, Fleet Feet had a net unit growth rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Fleet Feet growth rate compares to 2,000+ other franchises and Industry franchises like Fleet Feet. More info in the Fleet Feet metrics tab.

Is Fleet Feet franchise eligible for an SBA Loan?

Fleet Feet is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Fleet Feet franchise was assigned the SBA Franchise ID of S0656 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Fleet Feet that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Fleet Feet a franchise in the United States?

According to the SBA, Fleet Feet meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Fleet Feet provides you with an FDD if you are in discussion to buy a Fleet Feet.

What is the Fleet Feet Franchise for Sale Rate?

The Fleet Feet systemwide health and franchisee satisfaction can be measured by the Fleet Feetfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Fleet Feet franchise for sale rate over the past 3 years is 5%. Over the last year we have data for, Fleet Feet had a franchise for sale rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Fleet Feet franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Fleet Feet. More info in the Fleet Feet metrics tab.

What is the Fleet Feet Franchise Failure Rate?

Fleet Feet franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Fleet Feet failure rate over the past 3 years is 7%. Over the last year we have data for, Fleet Feet had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Fleet Feet franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Fleet Feet. More info in the Fleet Feet metrics tab.

How can I find out more details on Fleet Feet franchise?

Visit the Fleet Feet metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Take Our Quiz

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Fleet Feet

$341,500

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Fleet Feet

4%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Fleet Feet

$28,500

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

General

Industry

Retail Products and Services

Category

Specialized

Works with Franchise Brokers

No

Year of Founding

2002

Fees

Marketing Fee

0.25%

Royalty Fee

4%

Franchise Fee

$19,000-$38,000

Investment Range

$225K-$458K

Location units

Total U.S. Locations

192

U.S. Franchised Units

153

U.S. Corporate Units

39

Headquarters (City)

Carrboro

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2002

Issuance of FDD Data

04/08/2022

Detailed Franchise metrics for Fleet Feet

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Fleet Feet below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Fleet Feet

-1%

7%

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Fleet Feet

1%

5%

Industry median

All franchises median

Unlock premium content

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Fleet Feet

3%

7%

Industry median

All franchises median

Unlock premium content

Business details

Website

Business email

i***@fleetfeet.com

Mailing address

310 East Main Street, Suite 200

State headquarters

North Carolina

Contact Name

Fleet Feet

Phone

+1 (000) 0********00

City

Carrboro

Zip code

27510
Name Email State City Zip Code

Filters

State:


City:


You May Also Be Interested In
View More >
Retail Products and Services
Circle K
Investment range
$189K-$1.93M
Founding year
1995
Total U.S. Units
5908
Learn More
Retail Products and Services
Health Mart
Investment range
$251K-$674K
Founding year
1997
Total U.S. Units
5044
Learn More
Retail Products and Services
Ace Hardware
Investment range
$292K-$1.62M
Founding year
1976
Total U.S. Units
4751
Learn More
Retail Products and Services
Snap-on Tools
Investment range
$175K-$412K
Founding year
1990
Total U.S. Units
3428
Learn More

Your Suscription has expired!

Looks like your subscription is due. Please renew to keep using our services.

Share link

Or

Downgrade subscription

You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback.

Vetted Member $79/month

Simple Start Free

Upgrade subscription

You are going to upgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback.

Simple Start Free

Vetted Member $79/month

Cancel subscription

You’re about to cancel your subscription. Please confirm by clicking on the “Cancel Subscription” button below.

Performing this action will delete your account.

Plan Updated

Your current subscription plan is:

Vetted Member $79/month

Support Form

Please fill out the form below with any technical issues, questions or feedback you might have.