Fleet Feet Sports franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.25 ↗

Franchise fees and ongoing costs

Franchise fee

$22,500 to $45,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

4% · 4% of Gross Sales, due 3rd business day of each month

Marketing contribution

0.25% (basis not captured; see original filing)

Technology fee

Currently not collected (may be implemented in the future, monthly with royalty); E-Commerce fee $100/month paid to FFS Digital (7% commission on qualifying online sales returned to franchisee)

Other fees

E-commerce $100/month; optional digital advertising $1,200/month; optional email newsletter $175/market/month; marketing fund can rise to 2% of Gross Sales

Working capital (FDD Item 7)

Additional Funds—3 Months: $28,700 to $47,800 (money to work with through first 90 days; includes 3 months of rent; excludes owner salary/draw and debt service)

Fees sourceFDD p.18 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.25 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average, median, low, high and 25th/75th percentile annual Gross Sales (combined franchised + affiliate-owned stores; also split by franchisee-owned and affiliate-owned), plus average first-year Gross Sales for new stores opened 2021-2022

Reporting period

Calendar year ended December 31, 2023 (first-year sales for stores opened 2021-2022)

Sample

249 stores open at least 24 months (168 franchisee-owned + 81 affiliate-owned) out of 268 total

Reported average

$1,636,580

Reported median

$1,417,560

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.58 ↗

Unit growth: Item 20

Reporting year

2023

Scope

franchised outlets

Starting outlets

167

Year-end outlets

183

Net change

+16

Derivation

ending minus starting outlets

Openings

17

Terminations

0

Non-renewals

0

Other closures

1

Reacquisitions

0

Transfers

8

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.59 ↗

SBA loan history

Loan activity

22 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$212,500

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

16 loans

Historical charge-off share

5.56%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

2 / 36

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Fleet Feet Sports franchise cost?

standard leased store (single range in Item 7): $228,500 to $545,000 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $22,500 to $45,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.25 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Fleet Feet Sports owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average, median, low, high and 25th/75th percentile annual Gross Sales (combined franchised + affiliate-owned stores; also split by franchisee-owned and affiliate-owned), plus average first-year Gross Sales for new stores opened 2021-2022. Sample: 249 stores open at least 24 months (168 franchisee-owned + 81 affiliate-owned) out of 268 total. Period: Calendar year ended December 31, 2023 (first-year sales for stores opened 2021-2022).

Item 19 performance sourceFDD p.58 ↗

What's the SBA charge-off rate for Fleet Feet Sports?

5.56%; numerator / denominator: 2 / 36. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $212,500; window: FY2023-FY2026 YTD through 2026-06-30; sample: 16 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗