The Good Feet Store logo

The Good Feet Store

Arch supports, related products
Investment
$256,290
Initial Franchise Fee
$25,000
Units
297
Growth Rate
+43.5%

Overview

Industry
Health & Wellness
Founded
1995
Franchising Since
2003
Parent Company
MPRBrands LLC
Leadership
Richard Moore, President & CEO
# of Employees at HQ
60

Units and Growth Chart

About The Good Feet Store

The Good Feet Store understands the state of your feet can profoundly affect your well-being. That’s why the company dedicates itself to improving people’s lives, two feet at a time. Good Feet Store sells proprietary arch supports, a selection of shoes, and shoe accessories. 

Good Feet Store arch supports support all four arches in your feet, which is why they are so beneficial. The company designed these supports to keep your feet in the best position for your body, thereby relieving pain. Whether you’re 6 or 60, customers benefit from the Good Feet Store daily, with over 300 different styles, flexibilities, and support options.

The family-owned business opened in the 1990s and has expanded its reach with a large number of franchises globally. As a franchisee, you’ll answer customers’ questions and find the right support for their feet. If you have substantial business or retail experience, strong business ethics, and management skills, you may be an ideal candidate for a Good Feet Store. 

Why You Should Start a Good Feet Store Franchise

One of the perks that come with being connected to one of America’s most-celebrated arch support providers is growth incentives. The company waives the franchise fee for existing owners who want to open up new stores within their protected territories. Good Feet Store hopes you’ll build your empire and hold strong in your locale, so you will receive the encouragement you need from the corporate end.

The company will provide you with ongoing support as you run your business. This includes marketing help with SEO, social media, and web development. Good Feet will also work with you to find an ideal location for your store, assist you with your grand opening, and help you with field operations, security, and safety procedures.

What Might Make The Good Feet Store a Good Choice?

There’s a considerable market appeal for people who suffer from back, foot, knee, and hip pain. Between that and very few national competitors, owning a Good Feet Store is a unique opportunity. The company also goes by a proven economic model to get the highest sales per square foot. They keep investment costs low, too, so you can focus more of your time on sales. The company's promise of excellent foot solution shoes helps open up some interesting opportunities.

How to Open Your Good Feet Store Franchise

Once you decide to jump into this opportunity feet first, you can look into the company’s five-day training course in Southern California. You’ll typically spend three and a half days in a classroom and the remainder of your time at one of the Good Feet Stores in San Diego. Once you’re involved in the process of starting your store, you’ll likely have the chance to chat with a representative who can answer questions and provide additional suggestions. 

Though it isn’t the most inexpensive franchise you can invest in, it has a relatively reasonable cost compared to other health-related franchises. While you will probably need to have some liquid capital on hand, the company uses its smaller footprint to keep the initial investment more affordable. 

After you take these initial steps, you will be ready to take the first step towards becoming a Good Feet Store franchisee!

Investment Details

Initial Franchise Fee
$25,000
Initial Investment
$256,290 - $617,865
Net Worth Requirement
$250,000
Cash Requirement
$50,000
Royalty Fee
1.75%-5%
Ad Royalty Fee
3%
Technology Fee
0
Term of Agreement
5 or 10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
25% off franchise fee & initial inventory

Available Territories

Franchising opportunities available in the following regions

United States International

Continents

Asia Australia/New Zealand Middle East

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
19 hours
Classroom Training
38 hours

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

Ranking History

The Good Feet Store performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022