Foot SolutionsFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A FOOT SOLUTIONS franchise requires a total initial investment of $131K – $189K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. Per the 2023 FDD, average unit revenue was $507K[2]. SBA 7(a) loans show a 32.1% charge-off rate across 95 loans[1]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $131K – $189K
- 13th pct Retail
- Avg gross sales
- $507K
- 4th pct Retail
- Royalty
- 5.0%
- 6th pct Retail
- Units
- 46
- 17th pct Retail
- SBA default
- 32.1%
- system-wide median varies by category
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 3.2x in gross revenue, well above the typical 1.5-2.5x range.
32.1% of SBA loans charged off across 95 loans, above the 16% franchise average.
Franchising since 2000. Systems this mature have refined operations and brand recognition.
The system contracted 19% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $131K – $189K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $507K/year (median $464K).
- Verdict F (Bottom Quintile) with a risk score of 95/100. SBA loan charge-off rate of 32.1% across 95 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System contracting at -22.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- FOOT SOLUTIONS, INC.
- Parent company
- Foot Solutions Holdings Corp.
- Ultimate parent
- Foot Solutions Holdings Corp. (Delaware corporation)
- CEO title
- President and CEO
- John Prothro
- CEO experience
- 23 yrs
- Years in role or industry
- Incorporated in
- GA
- HQ
- 223 Roswell St., Suite 202, Alpharetta, Georgia 30009
- Auditor
- AGL CPA Group, LLC
- Audited financials
- Franchisor revenue
- $15.4M
- vs $3.5M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
Franchisees operate retail foot care clinics offering orthopedic footwear, custom orthotics, and foot health consultations. Day-to-day operations include fitting customers, performing foot assessments, managing inventory of specialized shoes and inserts, and handling clinical referrals. The model relies on foot traffic, local marketing, and repeat customer relationships in a niche health/wellness category.
- CEO
- John Prothro
- Headquarters
- GA
- Founded
- 2000
- FDD year
- 2023
- States available
- 18
FDD Item 7 · 2023 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $4K | $8K |
| Equipment, build-out, other | $87K | $141K |
| Total initial investment | $131K | $189K |
Source: FOOT SOLUTIONS 2023 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$25K
5.0% margin
Unlevered ROIC
15%
EBITDA / total invested capital
Payback
6.5 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $131K – $189K
- Better than avg vs category
- Liquid capital req'd
- $4K – $8K
- Better than avg vs category
- Franchise fee
- $40K – $45K
- Better than avg vs category
- Royalty
- 5.0%
- Net Sales · typical 6–8%
- Ad fund
- 5.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 5.0% of gross sales |
| Training fee | $300 |
| Transfer fee | $8K |
| Total fee load | 10.0% of rev |
Financial Performance
- Avg gross sales
- $507K
- Per unit, per year
- Median gross sales
- $464K
- Item 19 type
- net_sales
- Sample size
- 30 units
- vs category median 49
- Range (low → high)
- $232K→$1.3M
- Cohort dispersion (min → max)
- Reporting year
- 2023
- Fiscal year the figures cover
- Transparency
- 4 / 5
- vs category median 2 / 5 · above
Compared against 304 Retail brands
vs Retail averages
How Foot Solutions Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 46
- Opened
- 1
- Last reporting year
- Closed
- 2
- Terminated
- 2
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 4.3%
- Company-owned
- 8
- Corporate units in the system
- % franchised
- 83%
- vs corporate-owned
- Net growth (yr3)
- -19.1%
- Net unit change last year
- 3-yr CAGR
- -22.4%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Termination rate
- 6.5%
- Franchisor-initiated terminations
- Ceased ops
- 13.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 95
- Loan volume
- $13.5M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 32.1%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 67.5%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 38
- Defaults
- 25
Vintage analysis
Foot Solutions charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Foot Solutions's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 15-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
A 32.1% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Foot Solutions presents elevated risk due to accelerating franchisee attrition, missing profitability data, and franchisor going concern issues that undermine investment thesis.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · AGL CPA Group, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 95 / 100 rating
- 01MINORUnit count collapsed 19.1% YoY (46 units remaining) — indicates severe system contraction and franchisee exits
- 02MEDNet income not disclosed in Item 19 — impossible to validate actual profitability claims against $506k average revenue
- 03HIGHGoing Concern status is False — suggests franchisor may have financial/operational viability concerns
- 04MINORHigh initial investment ($130.8k-$189.3k) paired with declining unit count creates survivorship risk
- 05MINORModest 5% royalty does not offset customer acquisition costs typical in specialty retail foot care services
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Designated Territory |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 3 mi |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Arbitration location | Atlanta, Georgia |
| Jury trial waiver | Yes |
| Governing law | Georgia |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 29 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- POS system
- Heartland Point of Sale System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Heartland Point of Sale System
Item 20 · call current owners
Franchisee Contacts
14 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FOOT SOLUTIONS · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FOOT SOLUTIONS franchise?
The total investment to open a FOOT SOLUTIONS franchise ranges from $131K – $189K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FOOT SOLUTIONS franchise owners earn?
According to Item 19 of the FOOT SOLUTIONS FDD, the average gross sales per unit is $507K. The median is $464K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is FOOT SOLUTIONS's franchise failure rate?
Based on SBA 7(a) loan data, FOOT SOLUTIONS has a charge-off rate of 32.1% across 95 loans, meaning 32.1% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many FOOT SOLUTIONS franchise locations are there?
As of their most recent FDD filing, FOOT SOLUTIONS has 46 total units in the United States, including 38 franchised units and 8 company-owned units. 1 new units were opened in the latest reporting year.
Is FOOT SOLUTIONS a good franchise to buy?
FranchiseVerdict rates FOOT SOLUTIONS as a F-grade franchise with a risk score of 95 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.