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FLEET FEET, FLEET FEET TRIATHLETE

FLEET FEET, FLEET FEET TRIATHLETE

Fleet Feet franchises operate brick-and-mortar retail stores selling specialty running and fitness merchandise, including footwear, apparel, accessories, training programs, and related services under the Fleet Feet brand. The business model emphasizes a unique system with merchandising strategies, fit id® technology, community involvement, and participation in an affiliate e-commerce platform. The target market includes competitive athletes, runners, walkers, and triathletes.

197locations
$352K–$652K
Since 2002
RetailCarrboro, NCONWARD OUTDOOR BRANDS, LLCwww.fleetfeet.comDisclaimer

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Franchise Costs

Franchise Fee
$45,000
Initial Investment
$352,000 – $651,500
Royalty Rate
4.00%
Brand Fund
0.25%
Fixed Monthly Fees
$100 – $1,100

4% royalty + 0.25% ad fund + $100/mo e-commerce fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$1,687,240
Median Gross Revenue
$1,552,312
Top Quartile Revenue
$2,084,607
Bottom Quartile Revenue
$1,056,898

Data Based On: Average annual gross sales for franchisee-owned stores in operation for at least 24 months, for the calendar year ending December 31, 2025. Data is extracted from the 'Franchisee-Owned' row under the 'STATEMENT OF AVERAGE ANNUAL GROSS SALES OF FRANCHISED AND AFFILIATED-OWNED STORES' (Section A).

Extracted Item 19 Section

Avg. Revenue: $1,687,240

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How FLEET FEET, FLEET FEET TRIATHLETE Compares

Key Insights

  • Top 10 largest franchise system in General Retail
  • Lower than average SBA loan default rate in General Retail
FranchiseInvestmentFeeRoyaltyLocations
FLEET FEET, FLEET FEET TRIATHLETE
Current
$352K – $652K$45K4.0%197
ACE HARDWARE$604K – $2.0M$5KN/A4,885
DO IT BEST CORP.$853K – $1.6M$9KN/A3,555
WINDOW WORLD, WORLD OF WINDOWS$123K – $363K$45KN/A211
PRETZELMAKER$392K – $573K$25K7.0%129
TECHY$119K – $400K$15K7.0%62
General Retail Average
14 franchises
$530K – $1.0M$108K5.7%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 General Retail franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1CA
17
2NC
16
3OH
15
4TN
14
5TX
13
6FL
13
7IL
11
8SC
9
9WA
9
10MO
8
11GA
8
12AL
6
13MS
5
14PA
5
15VA
5

+21 more states

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SBA Loan History


Historical SBA 7(a) loan data for FLEET FEET, FLEET FEET TRIATHLETE franchisees (20112013)

Total Loans
8
Average Loan
$89,400
Total Volume
$0.7M
Default Rate
12.5%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

8 SBA loans on record

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Franchisee Contacts

192 franchisee contacts on file from official FDD filings.

192 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
2
Ceased Ops
4
Transfers
4
Sold to Franchisees
0
Projected New
11

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Frequently Asked Questions

The total initial investment to open a FLEET FEET, FLEET FEET TRIATHLETE franchise ranges from $352,000 to $651,500. This includes a franchise fee of $45,000. Ongoing royalty fees are 4.0% of gross sales.