Fleet Feet Sports

Athletic footwear, apparel & accessories

Background

Founded: 1976 Franchising since: 1978
Address:
406 E. Main St., P.O. Box 789
Carrboro, North Carolina 27510
Phone:
(919)942-3102


Franchisor is a privately-held company with 11 employee(s); 11 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 91 0 0 0
2008 87 0 0 0
2007 76 0 0 0
2006 67 0 0 0

Where Seeking Franchisees
Nationwide

Exclusive territories available.
Territory size: 200,000 people

Costs and Fees

Total investment: $181,500 - $313,000
Franchise fee: $35,000
Ongoing royalty fee: 3-4%
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Operations
  • 8% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 1 week
  • Existing stores : 15 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Field operations/evaluations

Rankings

Franchise 500® rank:
#352 (2008); #339 (2007);


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