Foot Locker Franchise Information
The franchise fee is $39,900. The total estimated investment ranges from $196,000 to $446,000, depending on size and location of stores. A 5% fee on net sales is paid monthly to the company, plus a 1% marketing fee.
Startup Costs and Franchise Investment
The startup costs for a franchise range from around $18,000 to $85,000, with the primary expense being the one-time preparation of franchise documents and operations manual.
Franchise Ownership and Profitability
If you want to own a business, but don’t have an idea to build from scratch and you have the resources to make it work, a franchise can be a good choice. Make sure you are prepared to pay the costs associated with the franchise and that the corporate headquarters is likely to provide the support you need.
Foot Locker Franchise Application Process
To get the franchise first you have to fill the form.
Footwear Franchise Opportunities
Footwear franchises are extremely versatile and flexible for those entrepreneurs wishing to buy a franchising opportunity in the footwear industry. Footwear franchises can be placed in both large cities and small towns. Malls and strip shopping centers are ideal to take full advantage of high traffic areas.
Financial Aspects of Franchising
How much money do I need to start a franchise? According to a survey, the average pre-tax annual income of franchise owners is about $80,000.
Nike Franchise Information
With Nike, you will need to already have a business license from your local government, and you need to have a retail storefront.
Franchise Costs and Revenue Potential
The average cost of starting a franchise is estimated to be anywhere from $50,000 to $500,000. Whether you are looking to invest in a large chain or a smaller, local business, understanding the costs associated with owning a franchise is an important first step.