How much do Fleet Feet owners make?

The franchise fee to open a Fleet Feet Sports store is $35,000, with a total estimated investment ranging from $170,000 to $317,000, with liquid cash available of $100,000. A 3-4% royalty fee on gross monthly receipts is paid to the company. The company has recorded annual revenues in excess of $75 million.

Do Fleet Feet employees make commission?

No commission, no benefits.

Who owns Fleet Feet?

Joe Braley – Owner – Fleet Feet Atlanta.

How much does it cost to open a Fleet Feet?

Major costs include: Initial franchise fee. $38,000 (Fleet Feet employees who have worked for the brand for 36+ months receive $10,000 off the initial fee.) Opening Inventory.

Is Fleet Feet still in business?

The owners of Fleet Feet, who opened their first running-gear shop 21 years ago today, are retiring. Ed and Ellen Griffin, who own and operate stores in DeWitt and Clay, announced on their website they are stepping down. “Although we are not hanging up our running shoes, we are retiring this week,” the couple said.

How old do you have to be to work at Fleet Feet?

16 years of age
How old do you have to be to work at feet fleet? 16 years of age.

How much do shoes cost at Fleet Feet?

To be clear, there are only two price ranges. The first is about $105.00 to $120.00 About 80% of the shoes purchased within the Fleet Feet system of 130 running stores come from that price range. The second range is about $140 – $155.00.

Is Fleet Feet privately owned?

Inclusiveness has been paying off for Fleet Feet. The privately held chain, which was acquired from former owner Tom Raynor in 2012 by the company’s executives and Raleigh-based Investors Management, has added 43 stores – a combination of franchises and company-owned outlets – over the past two years.

How much does it cost to open a running store?

Depending upon how large your store is and how much inventory you plan to order, total investment could range from $155,000 – $325,000. Fleet Feet Sports requires investors to have $180,000 – $338,000 to open a new franchise store.

Who is the CEO of Fleet Feet?

Joey Pointer
One-On-One With Joey Pointer, CEO And President, Fleet Feet.

What is fleet Foot?

: able to run fast.

What shoe brands does Fleet Feet carry?

Our 3D foot scanning technology, fit id, measures the unique shape of your feet to make sure you’re outfitted in the right gear, and we carry shoes from industry-leading running brands like Brooks, New Balance, Nike and HOKA ONE ONE.

Which is the best athletic shoe store in Memphis?

Voted “Favorite Athletic Shoe Store” in The Commercial Appeal’s Memphis Most contest for 2014! Offering exceptional service and products to the community since 1993, Fleet Feet Sports specializes in helping runners and walkers of all abilities find the right gear to meet their needs.

What kind of Shoes does Fleet Feet sports carry?

Offering exceptional service and products to the community since 1993, Fleet Feet Sports specializes in helping runners and walkers of all abilities find the right gear to meet their needs. While we specialize in running shoes, we also carry the best in active apparel, accessories, and nutritional products.

Do you have to return items to Fleet Feet?

Items bought at a Fleet Feet store must be returned to a store, and cannot be returned by mail. Most items in new condition that are returned within 60 days will receive a refund or exchange. Some items have a modified return policy noted on the receipt or individual store’s website, fleetfeet.com or in-store.