Good Feet - Sore or Tired Feet? - Your Arch Support Store: Good Feet Arch Supports are worn by, approved by, and recommended by chiropractors, podiatrist and other doctors. Good Feet Arch Supports fit well in shoes, boots, and high heels.

FAQ's

Q: Do I need specialized medical training or similar experience to open a Good Feet Store?

A: No. Good Feet is a retail service business that requires management, service and personnel development skills and experience. We are not a medical business. Our comprehensive training program and franchise support center will give you the knowledge, assistance and confidence you need to successfully open and operate your Good Feet Store.

Q: Do you provide training? If so, is training mandatory?

A:   Good Feet provides a comprehensive training program at its Franchise Support Center in Northern San Diego County. Attendance prior to opening your location is mandatory. Initial franchisee training is included as part of your franchise fee.

Q: Do I have to have to personally manage my franchise or can I put it on “auto pilot?”

A: Good Feet franchisees should plan to be very involved in their businesses on a day-to-day business. Unlike a car wash or laundromat, Good Feet Stores are very service oriented and part of the success of your store comes from the relationships and reputation you build in your community.  Many Good Feet owners start by working daily in their first store, then build a management team as they grow. Those owners go from working “in the business” to working “on the business.”

Q: What type of return can I expect on my investment?

A: Good Feet encourages you to conduct significant due diligence during your discovery process and contact our existing franchisees with questions about marketing, finances, sales volumes, operations, etc.  The amount of profit or loss is dependent on a number of factors, including your ability to manage the business, drive sales and control operating costs.

Q: Does Good Feet select the site where my Good Feet Store will be located?

A: No.  While we define the territory and provide you demographic information and guidelines on commonalities in our locations, you select your own site. 

Q: What is the franchise fee?

A: The initial franchise fee for your first Good Feet location is $20,000. If you are planning to open additional stores in the same territory, the franchise fee for each additional store is $10,000.

Q: What are the monthly royalty fees?

A: The monthly on-going royalties are a combined total of 5% of your monthly gross sales. 2% of that amount is a management fee, while the other 3% is applied to the national advertising fund.

Q: What are the minimum financial requirements to become a franchisee?

A: Depending on the number of stores your desired territory may need, requirements may vary dramatically. We DO require that every franchisee have a belief in the products and systems, a willingness to make a full-time commitment to the business, be customer service oriented, and have knowledge and familiarity with the area in which you plan to open your store. In terms of adequate capital, we estimate that franchisees should have a minimum net worth of more than $250,000 and the ability to secure capital necessary to open and operate your location. 

Q: What does the franchise agreement look like?

A: Once you complete and submit the franchise application (click here to download), we will send you our Uniform Franchise Offering Circular.  Commonly referred to as the UFOC, this document provides full and complete disclosure information about the company, our systems, requirements and structure.  The document also includes a sample of the franchise agreement you would enter into.  We advise you to take this information to your advisors (CPAs, attorney, business consultants) during your due diligence process to assist you in making the most informed choice possible.

Q: What kind of support can I expect from Good Feet as I am opening my store?

A: Good Feet’s franchise support center can assist you every step of the way, from signing to opening day.  You’ll work as closely as you need to with our field services department on your lease negotiation, store build out and décor, signage requirements, initial inventory purchase and merchandising, POS system assistance, media negotiation, vendor relations and personnel training. 

Q: What kind of franchisee support services does Good Feet offer?

A: Good Feet’s support is exceptional and extensive! Franchisees benefit from operations and training manuals, on-line training certification programs, money saving exclusive vendor relationships, private website with message board, advertising materials, marketing and promotional calendars, media products like TV and radio commercials, infomercials, print ads, press releases, and more.  We also host multiple franchisee Advisory Council meetings and an annual Good Feet convention.

 

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