Good Feet Worldwide, LLC

Description
Good Feet Worldwide, LLC is the world leader in prefabricated custom-fit arch supports, with more than 100 retail locations throughout US, Canada, UK, Kuwait and Korea exclusively carrying our patented products. As we continue to expand we’re looking for franchisees to join us. People from all walks of life have found success with our proven business model. Medical experience isn’t required as we provide you with comprehensive training and support that prepares you to successfully open and operate your Good Feet Store.
 
As a Good Feet Store franchise owner you’ll enjoy the satisfaction of helping customers discover products that offer them comfort and improve their lives. When you join us you will also benefit from:
  • Exceptional product margins. Low ongoing monthly fees
  • National brand awareness. Reasonable store operating hours. Large, protected territories
  • Our reputation for top quality products and unparalleled personal service
Powerful celebrity endorsements from Pro Basketball Hall of Farmer Bill Walton and Olympic Gold Medalist Mary Lou Rhetton. They are in all of our commercials and radio ads.

Virtually Everyone Can Benefit From the Products Your Store Will Carry.

Nearly 90% of American adults suffer from foot, knee, back or leg pain at some point in their lives. This kind of debilitating pain can prevent them from doing the things they love and interfere with their ability to work. Since 1992,
 
The Good Feet Stores have been synonymous with pain relief, and as baby boomers age, the opportunity to serve this and other market segments keeps growing. Consumers are searching for instantaneous relief from their pain so they can resume their favorite activities.

Our products can often help people return to the life they loved without requiring surgery. Millions of Good Feet customers celebrate the Good Feet products everyday and live pain-free. As a Good Feet franchisee you will be well positioned to capitalize on the widespread demand for these much-needed arch support products.

Background

Year Established: 1992
Year First Franchised: 2003
Franchised Units: 100+
Actual number of units: 101
Company Owned Units: 4
Projected New Units (12 months): 10-12

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • 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
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No

Notes:

Availability in Canada: Masters / Area Developer: Master already exists: Single to Multiple units are available.
States, from which Broker Referrals are accepted: ALL States
Projected New Units 10-12 in the next 12 months

 

Financial / Terms

Cash Investment: $50,000
Minimum Investment: $77,800
Minimum Net Worth: $150,000
Franchise Fee: $25,000

Discounts:

  • Vet Fran

Royalty: $350 monthly flat fee
Ad: N/A
Average # of Employees: 2-4
Passive Ownership Allowed: Yes
Earnings Claims: Yes

Notes:

Franchise Fee: $25,000. All others at $10,000 after first unit.
Total initial investment $77,800 to $193,650
Discounts: VetFran 25% of Franchise Fee and Initial Product Order
Royalty: Monthly royalty fees = $350.00 /store flat fee.


Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: Yes
Resales: Yes

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Inquire with Corporate
Single Unit Availability Outside U.S.: Yes
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate

Notes:

Countries outside of the United States expanding in: Inquire with Corporate
Area Development or Master Availability: Yes
Cash Investment: Min. Inquire with Corporate
Total Investment: Inquire with Corporate

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: No

Notes:

Financial Assistance Provided: 3rd party available. Franchisor will finance “only”: ALL equipment/fixtures (up to $30,000) per store. Credit Score must be high 680-700 beacon and at 9% interest.

Training:

7-day only in Carlsbad, CA. 50% classroom, 50% in a corporate store.


Get Started!



Freddy O'Pry

Franchise Development

281-342-7474