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Foot Solutions Inc.

Comfort shoes & inserts for clients age 40+

Background

Founded: 2000 Franchising since: 2000
2359 Windy Hill Rd., #400
Marietta, Georgia 30067
Phone:
(866)338-2597/ (770)955-0099


Franchisor is a privately-held company with 50 employee(s); 10 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 190 21 24 1
2008 209 22 18 2
2007 209 17 8 1
2006 188 16 6 1
2005 139 15 4 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 100,000+ population

Costs and Fees

Total investment: $212K-259K
Franchise fee: $35K
Ongoing royalty fee: 5%
Term of agreement: 20 years, renewable


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

Qualifications
Net worth requirement: $300K+
Cash liquidity requirement: $50K-70K
Business Experience:
  • General business experience

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 14 days
  • At franchisee's location: 4-6 days
  • Ongoing

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Web & professional associations

Rankings

Franchise 500® rank:
#456 (2009); #148 (2008); #112 (2007); #161 (2006); #143 (2005);

Fastest-Growing Franchises:
#82 (2007); #69 (2005);

Top New Ranking:
#5 (2005);

America's Top Global Franchises:
#121 (2008); #95 (2007); #123 (2006); #88 (2005);


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