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245. Fleet Feet

Last Year's Rank: 249

Investment Range: $187,000 - $413,000

Initial Franchise Fee: $38,000

Category: Retail

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Company Description

Fleet Feet Sports is a sportswear retailer specializing in getting the perfect fit for runners. Founded in 1976 by business partners Sally Edwards and Elizabeth Jansen, the company opened the first store in Sacramento, California.

Two years after first opening, the chain began franchising. Edwards and Jansen sold the business to Tom Raynor in 1993; he moved the headquarters to Carrboro, North Carolina. Recently, Fleet Feet has been offering franchises to independent operators, who often add the Fleet Feet brand to their store name.

Company Statistics

Global Sales: $198,000,000*

US Units: 175

Total Units: 175

Percent Franchised: 82%

% International Units: 0%

US Franchised Units: 143

Sales Growth %: 6.5%

Unit Growth %: 1.7%

*Franchise Times Estimate

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