Foot Solutions Inc.
Comfort shoes & inserts for clients age 40+Background
Founded: 2000 Franchising since: 2000
Franchisor is a privately-held company with 50 employee(s); 10 employee(s) in franchise department.
Franchise Growth
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
|
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
Ongoing Support
Marketing Support
Other marketing support
- 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);
#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);