Fleet Feet

Fleet Feet

Information based on 2024 FDD

Retail · Clothing & Fashion

Investment min
$229K
Total: $229K–$545K
Avg gross revenue
$2M
Unit-level, 2024
Franchise fee
$23K–$45K
Per current disclosure
Royalty
4%
of gross revenue
Locations
183
Franchising since 1980

Description

What is Fleet Feet?

Fleet Feet is a premier specialty retailer that has been revolutionizing the running and athletic footwear industry since 1976. With a mission to inspire and empower active lifestyles, Fleet Feet offers an unparalleled personalized fitting experience that combines cutting-edge technology with expert human touch. Their proprietary 3D foot scanning technology and gait analysis ensure customers find the perfect fit for their unique needs.

What sets Fleet Feet apart is their highly trained staff who provide comprehensive consultations, taking into account customers' specific goals, foot mechanics, and comfort preferences. Whether you're a seasoned marathon runner, casual walker, or someone dealing with foot-related issues, their team offers tailored solutions that extend beyond just footwear to include specialized insoles, performance apparel, and accessories.

Fleet Feet stores are deeply embedded in their local communities, hosting regular running groups, training programs, and educational events that foster a vibrant fitness community. Their commitment to customer satisfaction is evident in their generous return policy and ongoing support, ensuring every customer finds their ideal fit.

The franchise has garnered widespread recognition for its exceptional customer service, with countless positive reviews highlighting their staff's knowledge, patience, and dedication to helping customers achieve their fitness goals. From premium brands like HOKA, Brooks, and ASICS to specialized running gear and recovery tools, Fleet Feet offers a carefully curated selection of high-quality products backed by their expert guidance and community-focused approach.
  • 47 years proven operational history
  • 268 units nationwide market presence
  • Premium running specialty retail positioning
  • Expert fitting and technical services
  • Strong health wellness market trends
  • Established brand recognition among runners

Location Analysis

Where Fleet Feet wins

Fleet Feet demonstrates widespread coverage across multiple states, with notable concentration in the Mid-Atlantic and Northeast regions. The franchise maintains strong market presence in key states including Ohio, Virginia, North Carolina, New York, and California, suggesting successful penetration in both populous coastal markets and mid-sized metropolitan areas. The franchise's exceptional customer rating across thousands of reviews indicates consistent service quality and strong brand reputation across regions.

The franchise shows strategic positioning in affluent suburban areas and fitness-conscious communities, typically locating near running trails, fitness centers, and health-conscious demographic clusters. Successful Fleet Feet locations often operate in areas with median household incomes above $75,000 and active lifestyle populations.

Significant expansion opportunities exist in the Mountain West and Southeast regions, where running communities are growing but Fleet Feet's presence is less established. Ideal locations feature proximity to running paths, complementary fitness businesses, and demographics skewing toward active adults aged 25-54. The franchise's strong performance in diverse markets from California to Virginia demonstrates adaptability to different regional markets while maintaining consistent service quality.
Total US locations
268
Franchise units
183
Corporate locations
85
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Fleet Feet

Avg gross revenue$1,696,642
Investment range$228,500 – $545,000
Investment midpoint$386,750
Brand fund0.25%
Royalty4%
Franchise fee$22,500–$45,000
Min. net worth
Min. liquid capital
Fleet Feet requires an investment of $228,500-$545,000, positioning it as a premium franchise opportunity within the clothing and fashion sub-sector. This investment range exceeds the sub-sector averages of $188,172-$368,063, reflecting the specialized nature of technical running retail and higher inventory requirements for premium athletic footwear and apparel.

The running specialty retail market benefits from sustained growth in health and wellness trends, with consumers increasingly investing in quality athletic gear. Fleet Feet's 47-year operational history since 1976 demonstrates proven system stability, while its 268 units indicate substantial market penetration and franchisor experience in supporting multi-unit operations.

The reported gross revenue of $1,696,642 substantially exceeds the sub-sector average of $669,581, suggesting strong brand positioning within the technical running niche. However, this premium market positioning requires sophisticated inventory management and knowledgeable staff capable of providing expert fitting services and product recommendations.

Ideal investors should possess substantial liquid capital to support higher initial investment and ongoing inventory requirements. The business model favors operators with retail experience or strong management capabilities, particularly in specialty markets requiring technical product knowledge. Territory exclusivity and brand recognition provide competitive advantages in local markets.

Prospective franchisees should carefully review the FDD for specific capital requirements, territory rights, and operational obligations. The premium investment level reflects both higher barriers to entry and potential market positioning advantages within the growing running specialty retail segment.
Did you know? Starting your own Fleet Feet specialty running store franchise - where passionate runners get expert gait analysis, premium footwear, and personalized service - requires a total investment between $228,500 and $545,000, which covers everything from your franchise fee and store buildout to inventory and equipment needed to serve your local running community.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$229K–$545K
Most common
$228,500
Minimum
$386,750
Midpoint
$545,000
Maximum

Per FDD Item 7, total initial investment ranges from $228,500 to $545,000. The midpoint $386,750 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$2M$1M$800K$400KN/A
$2M
$2M
$2M
2022
2023
2024
Avg
$2M
YOY change (2023 -> 2024)
0%

According to Item 19 of the Franchise Disclosure Document, Fleet Feet has an average gross revenue of $2M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+6% YoY
300240180120600
2019
2020
2021
2022
2023
2024
268 units open as of 2024 FDD+15 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Fleet Feet's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Fleet Feet franchise typically ranges between $228,500.00 and $545,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Fleet Feet
Fleet Feet
$2M avg revenue · 183+ US franchises

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