Overview of The Athlete’s Foot Franchise
The Athlete’s Foot is an international company founded in 1971 that specializes in selling athletic footwear. With 483 franchise units worldwide, the brand offers franchise opportunities based on technological and design innovations to cater to customer needs.
Franchise Details
- Franchise fee: Up to $30,000
- Initial investment: $209,950 to $495,250
- Net-worth requirement: $250,000
Company History and Ownership
Foundation and Ownership
Founded by David Lando and his son Michael in 1971, The Athlete’s Foot started in Pittsburgh, Pennsylvania as the first specialty athletic footwear store in the US.
Financial Information and Development
- Annual revenue: $3 billion
- Initial franchise fee: $35,000
- Investment range: $201,600 to $640,300
Expansion and Future Plans
The company is focusing on its retail presence by buying back select franchised outlets to enhance growth. Leveraging resources from the Strategic African American Retail Track program, The Athlete’s Foot plans to open new stores and drive business expansion.
Foot Condition Treatment
The Athlete’s Foot offers products and services to prevent and treat foot conditions, emphasizing expertise in selecting appropriate footwear for athletic performance and foot health.
Athlete’s Foot Infection
Athlete’s foot, or tinea pedis, is a common foot infection caused by fungus and is typically treated with topical creams. The company emphasizes breathable materials in their shoe offerings to prevent such conditions.