Start-Up Costs and Fees |
||
| Destination Athlete | Athlete's Foot | |
| Investment | 28300 - 93610 | 201600 - 640300 |
| Franchise Fee | 0 | |
| Royalty Fee | 5%-8% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 2008 | 1972 |
| Year Franchised | 2008 | 1973 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Destination Athlete | Athlete's Foot | |
| Experience | General business experience | |
Financing Options |
||
| Destination Athlete | Athlete's Foot | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Destination Athlete | Athlete's Foot | |
| Training | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 1 - 3 | International franchisees required to buy multiple units/master licenses; 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
| Destination Athlete | Athlete's Foot | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Destination Athlete | |
| Athlete's Foot | |
| Franchise Fee | |
| Destination Athlete | |
| Athlete's Foot | |
| Royalty Fee | |
| Destination Athlete | 5%-8% |
| Athlete's Foot | 5% |
| Advertising Fee | |
| Destination Athlete | 2% |
| Athlete's Foot | |
| Year Founded | |
| Destination Athlete | 2008 |
| Athlete's Foot | 1972 |
| Year Franchised | |
| Destination Athlete | 2008 |
| Athlete's Foot | 1973 |
| Term Of Agreement | |
| Destination Athlete | |
| Athlete's Foot | 10 years |
| Renewal Fee | |
| Destination Athlete | |
| Athlete's Foot | |
Business Experience Requirements |
|
| Experience | |
| Destination Athlete | |
| Athlete's Foot | General business experience |
Financing Options |
|
| Franchise Fees | |
| Destination Athlete | Yes |
| Athlete's Foot | Yes |
| Start-up Costs | |
| Destination Athlete | |
| Athlete's Foot | |
| Equipment | |
| Destination Athlete} | |
| Athlete's Foot | |
| Inventory | |
| Destination Athlete | |
| Athlete's Foot | |
| Receivables | |
| Destination Athlete | |
| Athlete's Foot | |
| Payroll | |
| Destination Athlete | |
| Athlete's Foot | |
Training & Support |
|
| Training | |
| Destination Athlete | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
| Athlete's Foot | |
| Support | |
| Destination Athlete | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Athlete's Foot | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Destination Athlete | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Athlete's Foot | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Destination Athlete | Number of Employees Required to Run: 1 - 3 |
| Athlete's Foot | International franchisees required to buy multiple units/master licenses; 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Destination Athlete | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Athlete's Foot | |
| Canada Expansion | |
| Destination Athlete | |
| Athlete's Foot | |
| International Expansion | |
| Destination Athlete | |
| Athlete's Foot | |