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Units as of 2020
N/A Yearly Data not available
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$197K - $242K

Company Overview

Foot Solutions was founded in 2000 by Raymond J. Margiano, Ph.D., who studied pedorthics at Temple University and spent over 20 years in the footwear industry. When customers come into Foot Solutions, they receive a free 30-minute foot assessment, which includes a computerized foot scan. Employees assess the customer's feet and gait and learn about their lifestyles and objectives in order to know which custom arch supports or ergonomic footwear will best help them.

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About Foot Solutions Inc.

Industry
Health
Founded
2000
Leadership
Raymond Margiano, CEO

Franchising Overview

Franchising Since
2000 (21 years)
# of employees at HQ
10
Where seeking
Franchisor is seeking new franchise units worldwide.

Franchisor Information

Social
Twitter Facebook
Corporate Address
104 Interstate North Pkwy. East S.E.
Atlanta, GA 30339

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Foot Solutions Inc. franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$32,500 - $32,500
Initial Investment
$196,500 - $242,000
Net Worth Requirement
$300,000
Cash Requirement
$50,000 - $70,000
Royalty Fee
5%
Ad Royalty Fee
to 2%
Term of Agreement
15 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Foot Solutions Inc. has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
24 hours
Classroom Training
80 hours
Additional Training
Ongoing
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
# of employees required to run
3
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Foot Solutions Inc. landed on this year’s Franchise 500 Ranking versus previous years.

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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