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0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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Learn About Athlete's Foot Franchises
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Who Is The Athlete's Foot?
The World's Definitive Expert On Athletic Footwear.
The Athlete's Foot is the world's first franchisor of athletic footwear
stores and is recognized today as the world leader in athletic footwear
franchising.
The franchise opportunity of The Athlete's Foot has been highlighted in
Success Magazine, Franchise Times, Entrepreneur Magazine, Franchise Canada
Magazine and numerous other publications globally. The Athlete's Foot was also
named Sports Trend's - "Trendsetter of the Year" in both the athletic
footwear and virtual retail categories.
Dynamic, Profitable Concepts
The Athlete's Foot brand has proven to be a very flexible concept as
demonstrated by the company's presence in large cities and small towns, and in
enclosed malls, strip shopping centers and street front locations across six
continents. The Athlete's Foot real estate consultants may assist franchisees
in evaluating their local market to determine which type of venue is best for
their market and identifying the target customer base and an accompanying plan
of attack tailored to the local customer demographics.
The Athlete's Foot has enjoyed significant growth over the last several
years and intend to continue this growth in the years to come. Leveraging their
strengths and brand helps maintain their leadership position as the world's most
widely recognized franchisor of athletic footwear.
Financial Information - What is the franchise fee?
Single and Multiple stores
A $39,900 fee accompanies the first store agreement. Once in our system, the fee
for additional stores is discounted to motivate growth depending upon your
individual growth plan.
Master Franchise
This program allows for multiple store development of a defined territory and
the possibility of sub-franchising within the defined territory. The fee
schedule is specific to the potential store development within the defined
territory.
Area Development Agreement
This program allows for multiple store development within a defined territory
over a specific time period. The area development fee is based on the potential
store development of the defined territory.
Are there monthly fees as well?
Yes, as with any franchise business, monthly royalty payments are assessed. The
monthly royalties are as follows:
Single and multiple stores
Five percent (5%) of net sales are paid monthly and one percent (1%) of net
sales is contributed to a Marketing Support Fund on a monthly basis as well.
This fund provides owners with select visual merchandising and local marketing
materials.
Master Franchise (Worldwide)
2.5% to 5% of net sales are paid monthly.
Does The Athlete's Foot provide financing?
The Athlete's Foot assists owners with finding appropriate solutions for your
individual financing needs. The company does not provide financing or derive
profits from outside lenders.
What are the financial requirements?
It takes between $200,000 and $450,000 depending upon size and location to open
and operate a store. We look for individuals with a net worth of over $200,000
and liquidity between $75,000 to $100,000. This amount will also vary depending
on whether you are purchasing the rights for a single store or the master rights
for a territory.
What are the timelines for the process of buying the franchise?
Once the application is submitted and approved, we generally work to complete
the franchise agreements within a 20-day period, although Master Franchise
agreements can extend beyond that time frame. Once building plans and permits
are initiated, a store can be ready for occupancy in approximately 6 weeks after
permitting is finalized. Our goal is to open your operations successfully in a
timely fashion. |
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Contact Information |
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Please note: The Franchise Guide may or may not represent Athlete's Foot franchise. By clicking the "Submit" button you acknowledge that your local Franchise Consultant may or may not represent Athlete's Foot franchise. You will be contacted by an experienced Franchise Consultant that will discuss which franchise is right for you.
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