The Good Feet Store

The Good Feet Store

Arch supports, related products
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2021 Franchise 500 Rank
#388 Ranked #418 last year
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Initial investment
$117K - $348K
Units as of 2021
163 20.7% over 3 years

Company Overview

The first Good Feet Arch Support Store opened in Solana Beach, California, in 1995. The company is now headquartered in Carlsbad, California, and franchising began in 2003. In each store, employees help customers find the right arch support for their arch size and lifestyle, choosing from multiple styles.

About The Good Feet Store

Industry
Health
Founded
1995
Leadership
Richard Moore, President & CEO

Franchising Overview

Franchising Since
2003 (18 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following international regions: Australia/New Zealand, Canada

# of Units
163 (as of 2021)

Franchisor Information

Corporate Address
5923 Farnsworth Ct.
Carlsbad, CA 92008

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Good Feet Store 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
$25,000
Initial Investment
$117,220 - $348,250
Net Worth Requirement
$250,000
Cash Requirement
$50,000
Veteran Incentives
25% off franchise fee & initial inventory
Royalty Fee
0.5%
Ad Royalty Fee
$820/mo.
Term of Agreement
5 years
Is franchise term renewable?
Yes

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
The Good Feet Store has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
16 hours
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where The Good Feet Store landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021