What are the key steps in franchising a store?
What is the initial investment?
What do I need to financially qualify?
What is the franchise fee?
What are the royalties?
Do you offer third party financing?
What is the average size of a Fleet Feet Sports store?
How do I find a great location for a store?
How do I learn how to operate my franchise?
What happens once the franchise is open?
What is the initial investment?
What do I need to financially qualify?
What is the franchise fee?
What are the royalties?
Do you offer third party financing?
What is the average size of a Fleet Feet Sports store?
How do I find a great location for a store?
How do I learn how to operate my franchise?
What happens once the franchise is open?
What are the key steps in franchising a store?
- Candidate completes application and forwards it to Fleet Feet, Incorporated.
- Candidates whose applications are approved will be invited to participate in a series of phone interviews to discuss their application, designated market of interest, and their proposed operating plans.
- Approved Candidates attend a one day informational meeting at Fleet Feet, Incorporated in Carrboro, NC. During these meetings the candidate will meet with the members of the Fleet Feet, Incorporated management team.
- A member of the Fleet Feet, Incorporated development team will make an “in market” visit with candidates.
- Final Approval – franchise agreement is signed.
What is the initial investment?
On average a new franchise will range between $200,000 and $250,000.
On average a new franchise will range between $200,000 and $250,000.
What do I need to financially qualify?
We look for prospective franchisees with liquid assets of at least $70,000 and net worth over $150,000. (Liquid assets can be cash or assets easily convertible into cash. Net worth is defined as Total Liquid Assets minus Total Liabilities and Debt.)
We look for prospective franchisees with liquid assets of at least $70,000 and net worth over $150,000. (Liquid assets can be cash or assets easily convertible into cash. Net worth is defined as Total Liquid Assets minus Total Liabilities and Debt.)
How do I find a great location for a store?
Once there is a signed franchise agreement, a member of the Fleet Feet, Incorporated development staff will visit your market to assist in determining the best location for a franchise and will assist with final site selection and lease negotiation.
Once there is a signed franchise agreement, a member of the Fleet Feet, Incorporated development staff will visit your market to assist in determining the best location for a franchise and will assist with final site selection and lease negotiation.
How do I learn how to operate my franchise?
Franchisees must attend two training sessions at Fleet Feet, Incorporated offices in Carrboro, NC, spend time training in an existing franchise prior to opening, and attend a national Fleet Feet Sports conference prior to opening.
Franchisees must attend two training sessions at Fleet Feet, Incorporated offices in Carrboro, NC, spend time training in an existing franchise prior to opening, and attend a national Fleet Feet Sports conference prior to opening.
What happens once the franchise is open?
For the first two years a franchise is open you will continue to work with an assigned member of the development team who will coordinate ongoing support in training, operations, and marketing via store visits, newsletters and our annual national franchise conferences.
For the first two years a franchise is open you will continue to work with an assigned member of the development team who will coordinate ongoing support in training, operations, and marketing via store visits, newsletters and our annual national franchise conferences.
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