Franchise Facts Report

Franchise Facts Reportbrands → Fleet Feet, Fleet Feet Triathlete

Fleet Feet, Fleet Feet Triathlete franchise — is it worth it?

Retail · FDD-based assessment · registered 2024

Risk level — in the report

FLEET FEET offers a retail franchise opportunity in the athletic footwear and apparel sector.

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Total initial investment
$228,500 – $545,000
Bottom quartile for retail · median $257,750
Initial franchise fee
$45,000
FDD Item 5
Royalty
4%
FDD Item 6
Item 19 earnings
Disclosed
figures locked
Litigation (Item 3)
None
none disclosed
Outlet network
183 units
+16 last year
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Figures above are as disclosed in Fleet Feet, Fleet Feet Triathlete's most recent FDD (registered 2024). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 32691-202412-04. The risk level, the Item 19 figures, how it compares to peers, and the litigation & churn detail are in the full report.

How much does a Fleet Feet, Fleet Feet Triathlete franchise make?

Fleet Feet, Fleet Feet Triathlete is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The average revenue Fleet Feet, Fleet Feet Triathlete reports, what that figure does and doesn't include, and where it ranks against retail peers are in the full report. See every retail brand that discloses earnings in the Retail franchises with disclosed Item 19 earnings ranking.

Fleet Feet, Fleet Feet Triathlete franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come Fleet Feet, Fleet Feet Triathlete's 4% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Fleet Feet, Fleet Feet Triathlete franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Fleet Feet, Fleet Feet Triathlete franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. The full report sets Fleet Feet, Fleet Feet Triathlete's disclosed revenue against its total ongoing fee load, so you can see what that revenue has to cover before anything reaches you.

Fleet Feet, Fleet Feet Triathlete lawsuits & legal history (FDD Item 3)

Fleet Feet, Fleet Feet Triathlete's most recently filed Franchise Disclosure Document (2024) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.

Fleet Feet, Fleet Feet Triathlete closures & failure rate

Before you sign, Fleet Feet, Fleet Feet Triathlete will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Fleet Feet, Fleet Feet Triathlete's most recent filing shows, and whether it's normal for a retail of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Fleet Feet, Fleet Feet Triathlete's latest tables show a growing franchised network. The actual closure and termination counts, and how Fleet Feet, Fleet Feet Triathlete's churn ranks against retail peers, are in the full report.

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The actual Item 19 earnings, every figure ranked against retail peers, litigation and churn detail — emailed as a PDF.

Who owns Fleet Feet, Fleet Feet Triathlete?

Fleet Feet, Fleet Feet Triathlete's franchise is offered by FLEET FEET INCORPORATED — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2024), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it. The same franchisor files separate FDDs for other brands, which is worth knowing — sibling brands share a franchise-support organization but disclose their own numbers:

Fleet Feetsame franchisor · cost · earnings · failure rate

Retail franchises at a similar investment level

Anyone weighing Fleet Feet, Fleet Feet Triathlete is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Fastframe$135,325 – $246,663FRENCH FLORIST | French Florist®$140,500 – $351,500 · Item 19 disclosedMusic Go Round$309,300 – $394,800 · Item 19 disclosedOnce Upon a Child | Once Upon A Child®$287,800 – $420,800 · Item 19 disclosedPro Image Sports$110,250 – $614,500 · Item 19 disclosedStonePeak Ceramics$142,852 – $583,475Play It Again Sports$314,300 – $420,800 · Item 19 disclosedBearfruit$231,200 – $515,000Miniso$320,800 – $467,500True Society$221,000 – $600,000 · Item 19 disclosedFlip Flop Shopsinvestment not disclosed · Item 19 disclosed

Fleet Feet, Fleet Feet Triathlete franchise — frequently asked

Who owns Fleet Feet, Fleet Feet Triathlete — who is the franchisor?

Fleet Feet, Fleet Feet Triathlete's most recently filed FDD (2024) names FLEET FEET INCORPORATED as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. The same franchisor also files FDDs for Fleet Feet. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a Fleet Feet, Fleet Feet Triathlete franchise cost?

Fleet Feet, Fleet Feet Triathlete's most recently filed FDD (Item 7) puts the total estimated initial investment at $228,500 – $545,000, with an initial franchise fee of $45,000 and a 4% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. The full report breaks down every fee line and benchmarks it against retail peers.

How much profit does a Fleet Feet, Fleet Feet Triathlete franchise make?

Fleet Feet, Fleet Feet Triathlete discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (4% of gross for Fleet Feet, Fleet Feet Triathlete), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Fleet Feet, Fleet Feet Triathlete franchise profit number quoted elsewhere is an estimate. The full report shows the disclosed revenue against the full ongoing fee load it has to cover.

Does Fleet Feet, Fleet Feet Triathlete disclose financial performance (Item 19)?

Yes — Fleet Feet, Fleet Feet Triathlete reports unit-level earnings in Item 19. The full report shows the actual revenue figures and how they rank against retail peers.

Are there lawsuits against Fleet Feet, Fleet Feet Triathlete?

No — Fleet Feet, Fleet Feet Triathlete's most recently filed FDD (2024) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.

Is Fleet Feet, Fleet Feet Triathlete a good franchise to buy?

That comes down to how Fleet Feet, Fleet Feet Triathlete's investment, earnings, litigation and franchisee churn stack up against retail peers — which is exactly what the full report answers. For $99 you get the risk level and what's driving it, the actual Item 19 earnings (disclosed in this FDD), where every figure ranks against peers, and the specific questions to ask the franchisor before you sign.

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Everything the sections above point to, in one place: Fleet Feet, Fleet Feet Triathlete's risk level and what's driving it, the actual Item 19 earnings, every figure ranked against retail peers, and the litigation & churn detail — with the questions to put to the franchisor before you sign.

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Get a free email when something changes on Fleet Feet, Fleet Feet Triathlete or retail: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same registries every report is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.