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Foot Solutions Inc.

2012 Franchise 500
#429
At a Glance

Products & Services: Comfort shoes & inserts for clients age 40+

Number of Locations: 196

Total Investment: $197.8K

Founded: 2000

Began Franchising: 2000

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 147 20 28 1
2010 177 22 28 1
2009 190 21 24 1
2008 209 22 18 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $197,800
Franchise Fee: $32,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $50,000 - $70,000
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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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

Franchise Ranking History

Franchise 500®: #429 (2012), #355 (2011), #417 (2010), #456 (2009), #148 (2008),
America's Top Global: #121 (2008),