Athlete's Foot Franchise
Tuesday, April 27, 2010 at 08:08PM Retailer specializing in athletic footwear
Robert and David Lando had a unique vision in 1971--to open a store specializing in athletic footwear. That year they opened the first The Athlete's Foot in Pittsburgh. The first franchise opened in 1972 in Oshkosh, Wisconsin, and the first international location opened in 1978 in Adelaide, Australia. The Athlete's Foot now operates company-owned and franchise locations in more than 40 countries. The company develops stores in malls, shopping districts and as freestanding locations. Each store sells name-brand athletic footwear and apparel. There are also The Athlete's Foot For Her stores, which specialize in athletic footwear and apparel for girls and women.
Start-up Costs & Franchises Fees
What is the total cost to open a Athlete's Foot Franchises?
Total Cost: $201,600-$640,300
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Athlete's Foot
|
The Athlete's Foot |
Phone Number: (770)514-4523 |
Athlete's Foot In the Press
No results at this time.Historical Expansion
In what year did Athlete's Foot begin operations? 1972
When did Athlete's Foot begin selling franchises? 1973
Year United States Canada International Corporate 2003 190 2 350 170 2002 178 0 362 182 2001 179 0 357 188 2000 178 2 294 274 1999 179 3 276 246
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licenses; 21% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 6 - 10
Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes