Franchise FAQ

is the good feet store a franchise

by Prof. Jevon Hackett I Published 2 years ago Updated 1 year ago
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How much does a good feet franchise cost?

With the initial investment estimate for a Good Feet Store ranging between $123,770 and $229,275, Good Feet is a relatively low-cost investment opportunity – especially when compared to other health related and retail franchise opportunities.

What is good feet store?

Decorated with ideal foot scans and anatomy posters, Good Feet Store is a franchise that specializes in arch supports that are designed to alleviate foot, knee, hip, and back pain, as well as help with balance and coordination.

What is the return policy at good feet?

Good Feet store does have a 60 days return policy but only for the in-store credit. This means you can exchange your pair for a different model, or use the credit to buy other accessories from their store. A questionable return policy was one of the reasons why the Good Feet store went under investigation.

What are the disadvantages of the good feet store?

One of the biggest disadvantages of the Good Feet Store is its employees. As much as their arch supports are of good quality, people who work there don’t have any formal training in anatomy or podiatry. They are called “Arch Support Specialists” and their main job is to sell their products.

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How much does a good feet franchise cost?

Good Feet is America's #1 Arch Support and fits many styles of shoes. Good Feet manufactures their own patented products available only in their retail stores....Facts & Figures.Liquid capital required$50,000Net worth required$250,000Investment$39,240 - $197,025Franchise fee$25,000

Who is the owner of good feet?

Larry Schneider started the local Good Feet Stores in March 2001 to help bring awareness of the important role feet play in our daily lives. The team at the Good Feet Store provide individual, family and business-to-business services fitting arch supports to help with foot, ankle, knee, hip and back pain.

How many locations does the good feet store have?

We have over 200 stores across 5 countries and a passion for finding you a long-term arch support solution.

Is the Good Feet Store a national chain?

Founded in 1992, The Good Feet Store is the market-leading manufacturer and retailer of premium, personally fitted arch supports, with more than 200 retail locations in the U.S. and abroad.

Who invented the Good Feet Store?

Build it and they will come. That's what Joe Paul, founder of Good Feet Worldwide, was banking on when he opened his first arch-support store in Solana, Calif., in 1992.

When did good feet start?

1992Good Feet began as a family-owned business in 1992, with a mission to help people who – like the company's founders – suffered tremendous foot and back pain that diminished their quality of life.

How expensive are good feet inserts?

The cost of Good Feet Arch Supports varies, but generally runs from $200-$500 per pair. They're sold as individual pairs and as part of a multiple pair 3-Step System at a higher price.

Are good foot inserts worth it?

Orthotics can be very effective when prescribed and used properly, but they are not the solution to every cause of foot or heel pain out there. Some cases require other forms of treatment, such as rest or physical therapy. Orthotics might even be recommended in addition to other treatments for best results.

Can the Good Feet Store help with neuropathy?

Diabetic neuropathy is just one cause of foot pain, but it can lead to debilitating burning or pain sensations. The Good Feet Store can help. Proper arch support helps align your feet and ankles properly, which sets off a chain reaction of proper alignment throughout the whole body, helping to alleviate pain.

What is good for arch support?

Best arch support insolesSuperfeet BERRY Women's Comfort Medium Arch Support and Forefoot Cushion — $60.00. ... Fulton, The Classic Insole — $48.00. ... Spenco Polysorb Arch Support Insoles — $25.00. ... Walkomfy Arch Support Insoles — $19.00. ... Powerstep Pinnacle Arch Support Insoles — $26.00.More items...•

What arch supports for flat feet?

If your feet are flat when standing or sitting, you have rigid flat feet and need low arch insoles. If your arch appears when you're sitting, you have flexible flat feet and need insoles with a medium arch.

What is good for arch support?

Best arch support insolesSuperfeet BERRY Women's Comfort Medium Arch Support and Forefoot Cushion — $60.00. ... Fulton, The Classic Insole — $48.00. ... Spenco Polysorb Arch Support Insoles — $25.00. ... Walkomfy Arch Support Insoles — $19.00. ... Powerstep Pinnacle Arch Support Insoles — $26.00.More items...•

How do you use arch support on good feet?

0:583:56Good Feet Wearing and Cleaning Information - YouTubeYouTubeStart of suggested clipEnd of suggested clipTake one rough dot and one soft dot and match them up then press the rough dot. Side on the heel ofMoreTake one rough dot and one soft dot and match them up then press the rough dot. Side on the heel of your left arch.

How do I make custom orthotics?

A podiatrist will prescribe orthotics based on medical problems or pain a patient may be experiencing. The podiatrist will also watch how a patient moves (known as gait analysis) and consider other issues like their level and type of activity, foot type, and the movement of their ankle, knee and hip.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

What does absentee ownership mean?

Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.

What is included in the initial investment?

What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.

What is a military discount?

Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.

How long does a franchise last?

Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is net worth?

What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.

What is Territory Size based on?

What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.

What Does a Good Feet Franchise Cost?

To buy a franchise with Good Feet, you'll need to have at least $80,000 in liquid capital. Franchisees can expect to make a total investment of $77,800 - $193,650. They also offer financing via 3rd party. *

What is good feet?

Good Feet ®, your arch support store ®, helps customers improve their lives with a simple yet powerful product. By repositioning the feet, arch supports redistribute body weight more evenly and restores the body to an ideal position. This natural balance and alignment often alleviates foot, knee, leg, hip and back pain. Good Feet arch supports allow customers to become more physically active and to enjoy life and the activities they love, with fewer aches and pains, and without needing medication, shots or surgery. Good Feet ® has improved the lives of over 1 million customers since it was started in 1992, has more than 100 locations across the USA and internationally, and is stepping up its game to attract and expand new franchise owners like you. If you want to build a business that truly improves customers' lives, that is uniquely positioned in the massive pain-relief category, that delivers extraordinary product margins, and that has low startup costs, we invite you to contact us to learn more. Medical experience is not required.

Why are arch supports important?

Correct arch supports can provide comfort, balance and support and alleviate pains in the feet, legs and back. Good Feet arch supports help people feel better and return to the activities they enjoy without surgery, shots or medication. There’s a lot of satisfaction knowing that you are helping people.

What is good feet?

Good Feet is America's #1 Arch Support and fits many styles of shoes. Good Feet manufactures their own patented products available only in their retail stores. Good Feet has more than 25 product lines for both adults and children and professional produced television and radio ads. Start your business!

Is a good foot franchise good?

There’s also a lot of satisfaction in knowing you’re investing in a business with outstanding products that many customers rave about, that deliver high margins and that are supported with aggressive marketing. A Good Feet franchise is good for you and great for your customers.

How Much Does It Cost To Open A The Good Feet Store Franchise?

There are several costs associated with opening a The Good Feet Store franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Why Should You Start a The Good Feet Store Franchise?

Investing in a Health & Beauty franchise such as The Good Feet Store can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner . Fill out the form below to get more information about The Good Feet Store franchise and we'll be in touch soon!

Good Feet

Good Feet Arch Supports are worn by, approved by, and recommended by chiropractors, podiatrist and other doctors.

Available Franchise Opportunities

While Good Feet is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

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