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Shoes-n-Feet
 

SHOES-n-FEET takes a long-term approach and blends strong old-world tradition with new-world, cutting-edge innovation in its one-of-a-kind education-based foot healthy stores. Servicing the baby-bloomer generation, SHOES-n-FEET is uniquely positioned to capitalize on the accelerating trend towards staying fit, keeping active and remaining fashionable. We provide a professional shoe-fitting solution to each customer. Success-driven, goal-oriented franshisees wanting to make a positive difference.

Franchisor Background

Year Established:

  1998

Franchising Since:

  2003

Operating Units:

Franchised Units:8 88.9%  
Company-Owned Units:1 11.1%  
 ______ _____  
Total Operating Units:9 100%  
 

Geographic Distribution:

U.S.:8 100% In 3 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:8 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Washington5
2. California2
3. Nevada1

Registered in Following Registration States:

   California, Illinois, Indiana, Washington

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$25K
Total Investment:$160-230K
Average Total Investment:$195K
 

Fees:

Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:2%

Average Number of Employees:

   2-4 Full-time, 0 Part-time

Space Needs (in square footage):

   1,800

Preferred Sites:

   Strip Center

Other Sites:

  

Encourage Conversions?

   No

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:9
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Direct Mailers, Promotional Items, Site Signs, Television Ads, Trade Show Exhibits
Additional Services:Grand Opening, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:At Additional Cost
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 

Training:

1. SHOES-n-FEET University4 Weeks
2. Franchise LocationBefore, At, and After Opening
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:1
Formal Education:4
Psychological Profile:1
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   12
U.S.:Yes, Western Region and Midwest Region
Canada:Yes, Vancouver, BC
Overseas:No
 
 
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