Fleet Feet Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
If you’re looking to franchise a store that sells running shoes and apparel, you might have seen Fleet Feet as one of the most viable options. But one important question needs to be answered: how much exactly does a Fleet Feet franchise cost? In this article, we’ll discuss that as well as other things you need to understand before you sign on the dotted line.
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Fleet Feet Franchise Wiki
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Before we tackle the Fleet Feet franchise cost, let’s discuss a few basic information about the business. Headquartered in Carrboro, North Carolina, the venture began in 1976 and started offering franchises two years after.
Presently, the business is franchised by Fleet Feet, Incorporated. Ecommerce platforms, on the other hand, are handled by the company’s affiliate, FFS Digital. When you franchise this business, you’ll have the right to operate a retail store that sells running and fitness merchandise as well as their training programs and other services.
Fleet Feet Franchise Benefits
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- The venture’s vision is to inspire the runner in everyone. Presently, with 180 stores in communities across the country, it seems to be running towards that goal!
- Fleet feet takes pride in a personalized outfitting process called with fit id®. It involves taking 3D measurements of clients’ feet and taking note of how they walk. That is to say, they help customers find the shows and gear that perfectly fits their feet.
- Another point to mention is personalization. The business offers a customized shopping experience. They also train sellers to spend one-on-one time with customers to ensure that the customers are getting the right running gear to fit your unique needs.
- What’s more, it’s obvious that Fleet Feet puts a premium on customer satisfaction. In fact, they offer a 60-day return policy if the client doesn’t love the gear – and they aptly call it the “Happy Fit Guarantee.”
- The venture knows it’s not fun to run alone, so they have Fleet Feet training programs and running groups. As a result, they bring like-minded people together to achieve fitness goals as a community.
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Fleet Feet Franchise Financial Assistance
As for financial assistance, in particular, there’s a veteran discount of $10,000 off the initial franchise fee. This is part of the IFA’s VetFran program. Except for this, however, the franchisor nor its affiliate doesn’t offer direct or indirect financing. In the same way, neither guarantees any lease, note, or obligation.
Fleet Feet Franchise Cost
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $19,000 | $38,000 |
| Inventory | $60,000 | $100,000 |
| Real Estate & Improvements | $30,000 | $100,000 |
| Store Fixtures | $30,000 | $90,000 |
| Furniture & Equipment | $4,500 | $6,000 |
| Computer System Equipment | $2,656 | $9,590 |
| FIT ID Hardware | $4,750 | $4,750 |
| Technology Fee | $594 | $600 |
| Travel and Living Expenses While Training | $4,000 | $6,000 |
| Miscellaneous Costs | $3,700 | $7,700 |
| Additional Funds – 3 Months | $25,000 | $40,000 |
| E-Commerce Fee – 3 Months | $300 | $300 |
| Legal, Accounting, License/ Registration Fees | $3,000 | $10,000 |
| ESTIMATED TOTAL | $187,500 | $413,000 |
Fleet Feet Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Fleet Feet Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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How to Apply For Fleet Feet Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Fleet Feet Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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