Foot Solutions
104 Interstate North Pkwy. East
Atlanta, GA 30339
-
(866) 338-2597
/
(770) 955-0099
- (770) 953-6270 (Fax)
Foot Solutions is the world's largest pedorthic footwear retail/mobile network, focusing on health and wellness, the baby boomer marketplace and lifestyle shoes and inserts to change the way people live and feel. With focus on cause-related marketing including affiliations with Susan G. Komen for the Cure, Arthritis Foundation, American Diabetes Association, International Council on Active Aging, to name a few.
Franchisor Background
Year Established: 2000
Franchising Since: 2000
Operating Units
Franchised Units |
151 |
98.7% |
Company-Owned Units |
2 |
1.3% |
Total Operating Units |
153 |
100% |
Geographic Distribution
USA |
108 |
70.6% |
In 31 States
|
Canada |
15 |
9.8% |
In 5 Provinces
|
International |
30 |
19.6% |
In 12 Foreign Countries
|
Total |
153 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
Texas |
12 |
California |
10 |
Florida |
10 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
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Support and Training
General Information
IFA Member |
Yes |
CFA Member |
Yes |
Franchisee Association? |
Yes, is a member |
Size of Corporate Staff |
50 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Indirect |
Marketing Support
Co-Op Advertising |
Yes |
National Advertising |
Yes |
Regional Advertising |
Yes |
Local Advertising |
Yes |
Marketing Materials |
Ad Slicks, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
|
Additional Services: |
Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
|
Ongoing Support
Central Data Processing |
N/A |
Central Purchasing |
N/A |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
N/A |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
Field |
1 Week |
Marietta, GA |
3 Weeks |
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Financial Requirements
Investment
Minimum Net Worth |
Store Front - 300K; Mobile Unit - $150K |
Cash Investment |
Store Front - $40K; Mobile Unit - $25 |
Total Investment |
$200-225K |
Average Total Investment |
$220K |
Fees
Initial Franchise Fee |
Store Front - 32.5K; Mobile Unit - $29.5K |
Average Franchise Fee |
$33K |
On-Going Royalty |
5% |
Average Royalty |
5% |
Advertising Fee |
2% |
Site Information and Requirements
Average Number of Full-Time Employees |
2-3; 1-2 (Mobile Unit) |
Average Number of Part-Time Employees |
0 |
Space Needs (in square feet) |
1,200-2,000
|
Preferred Site Types |
N/A
|
Other Site Types Allowed |
Upscale Strip Center |
Encourages Conversions |
Yes |
Item 19 (Earnings Claim) Provided? |
Yes |
Listed in the SBA Registry? |
Yes |
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Franchisee Qualifications
Financial Net Worth |
3 |
General Business Experience |
3 |
Specific Industry Experience |
1 |
Formal Education |
2 |
Psychological Profile |
3 |
Personal Interviews |
4 |
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Terms of Contract
Term of Initial Contract |
15/5/5 |
Term of Renewal Period |
N/A |
Passive Ownership? |
Allowed, but discouraged |
Area Development Agreements? |
Yes, for 1 year
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
Projected New Units Over Next 12 Months |
50 |
USA |
Yes, All United States |
Canada |
Yes, All Canada |
Overseas |
Yes, All Countries |
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