Foot Solutions

Has Sold More Businesses In The World Than Anyone.®

Business Broker Franchise
Call VR Business Brokers 954-565-1555
 
 
Foot Solutions Franchise OpportunitiesFoot Solutions is the world’s largest pedorthic footwear retail/mobile network with a focus on:
  • Health & wellness
  • The baby boomer marketplace
  • Lifestyle shoes
  • Inserts to change the way people live and feel   
Our experts bring a wealth of knowledge and years of experience in foot and gait biomechanics; combined with leading edge technology and products made with old world European craftsmanship. 
 
Our certified staff completes extensive coursework and training in the field of pedorthics. Our passion is fitting and supporting your unique feet to improve movement and balance. We also have a variety of Medicare approved shoes as well as many styles with removable insoles to accommodate prescribed orthotic and prosthetic devices.  
 
Foot Solutions also focuses on cause-related marketing including affiliations with:
  • Susan G. Komen for the Cure
  • Arthritis Foundation
  • American Diabetes Association
  • International Council on Active Aging    
  
Company History  
 
Foot Solutions was founded in the summer of 2000. The company went from ground zero and 3 employees in 2000 to 200-plus franchise retail sites and a corporate staff of over 50 people today. Foot Solutions is located in 13 countries and is expected to continue to grow at the rate of 20 new stores each year.  
 
Total Number of Units: 194
Franchised Units: 193
Year Established: 2000
Franchising Since: 2000
          
 
Benefits of Owning Your Franchise  
 
Foot Solutions Franchise OpportunitiesOur stores attract people from every walk of life, not just from focused markets. We attract customers who want and need comfortable shoes and inserts to improve balance and strength. 
 
Each franchisee has a protected, exclusive territory with a number of ways to reach the market around them. 
 
As a franchisee, you receive extensive training for you and your staff, as well as “Grand Opening” support, ongoing counseling, and seminars. We have a unique product and method of marketing and selling. 
 
You will feel good when thanked by your loyal customers, who will return many times. With reasonable working hours, off on all holidays, low labor requirements and high margins, this is truly a profession you can be proud of!    
 
 
Financial Investment
 
Store Front Investment Summary:
 
Initial Franchise Fee: $32,500
Equipment: $10,000
 
Opening Inventory & Supplies
Shoes: $57,000
Retail: $6,000
Shop: $2,000
 
Leasehold Improvement: $15,000
Signage (Interior & Exterior): $3,000
Grand Opening Advertising: $2,000
Fixtures: $14,000
Travel & Living Expenses: $2,800
Liability Insurance: $2,000
Point of Sale System: $7,500
Miscellaneous Opening Costs: $4,000
 
Additional Funds/ Working Capital: $40,000
 
ESTIMATED TOTAL INVESTMENT: $197,800
 
There may be some variances plus or minus depending on geographic area and build out requirements.
 
 
Mobile Unit Investment Summary:
 
Initial Franchise Fee: $29,500
Equipment: $10,000
Fitting Inventory: $10,000
Wrap: $2,000
Marketing: $1,000
Event Displays: $1,500
Travel and Living Expenses: $2,800
Liability Insurance: $2,000
Leased Van:
$600/month for leasing or
$24,000 for purchase
 
Additional Funds – 3
months Working Capital:
$25,000
 
ESTIMATED TOTAL INVESTMENT: $107,800
 
There may be some variances plus or minus depending on geographic area and whether the van is purchased or leased.
 
 
Training and Support
 
Training and support includes:
  • Initial training at Foot Solutions’ corporate headquarters in Marietta, Georgia;
  • Additional field training several times throughout the year;
  • Six days of field assistance with store opening and post-opening support.
The initial training provides 120 hours of instruction on marketing and advertising, customer service, quality control, inventory control, accounting, foot scanning, biomechanics, basic pedorthics and anatomy/pathology.
 
Training is provided on the internet, via DVDs, classroom instruction, lab work and in a full mock up store. The Foot Solutions training facility is certified by the Board for Certification of Pedorthics.
 
Does Corporate Assist in Site Selection: Yes
Does Corporate Provide Advertising and Marketing (Local, National): Indirect
Does Corporate Provide Continued Training: Yes
 
 
Foot Solutions Franchise OpportunitiesFranchise Requirements
 
You don’t necessarily need experience in the industry. We look for franchisees that have business management experience, people skills and a desire to help people. We can help you identify an experienced operator.
 
 
Location Requirements
 
Some considerations when evaluating a location are:
 
1. Mid to upscale strip center
2. Traffic building anchor
3. Size 1000 sq. ft. to 1600 sq. ft.
4. Must be visible but not a prime site
5. Ease of access to site
6. Available parking
7. Medical facilities in area a plus
8. Demographics – we cater to the 40 and older market
9. Middle income areas
10. Retirement centers a plus
 
 
Top 35 Target Market Areas
 
All of the US and Canada plus expansion internationally   

For more information about this Franchise please provide the following:

    Business For Sale Alert
    Business Broker Newsletter
    Business Broker Franchise
    VR Mergers & Acquisitions
    • +1 (954) 565-1555
    • 2601 E. Oakland Park Blvd, Suite 300 Fort Lauderdale, FL 33306

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