FranchiseVerdict
The Good Feet Store logo
FV-02640·MODERATEExcellent81

The Good Feet Store

RetailFranchising since 2005Website
Investment
$256K – $618K
64th pct Retail
Avg revenue
53rd pct Retail
Royalty
Units
271
84th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $256K – $618K including a $25K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 5 loans (below the industry average).
  • System growing at 45.1% CAGR over 3 years with 271 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Good Feet Worldwide, LLC
Parent company
MPRBrands, LLC
Incorporated in
Delaware
HQ
12636 High Bluff Drive, Suite 200, San Diego, California 92130
Auditor
RSM US LLP
Audited financials
Franchisor revenue
$17.7M
vs $9.8M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one The Good Feet Store unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $256K–$618K
Working capital
$
FDD reports $30K–$80K

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$45K
EBITDA margin
6.0%
Total invested
$492K
Payback
131 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate retail stores specializing in custom orthopedic insoles and arch support products, combining retail sales with fitting services. Daily operations involve customer consultations, product fitting, point-of-sale transactions, and inventory management. The model relies heavily on in-store traffic and direct customer education about foot health solutions.

CEO
Richard Moore
Founded
2004
FDD year
2025
States available
46

Item 7 · what it costs

The Vitals

Total investment
$256K – $618K
All-in to open one unit
Liquid capital
$30K – $80K
Cash you must have on hand
Franchise fee
$25K
Royalty
Up to 5% of monthly Gross Sales; currently 1.75% for new …
Ad fund
3.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
271
Opened
46
Last reporting year
Closed
2
Turnover rate
0.7%
Company-owned
17
Corporate units in the system
% franchised
94%
vs corporate-owned
Multi-unit owners
5.3%
Net growth (yr3)
+21.0%
Net unit change last year
3-yr CAGR
+45.1%
Compounded over last 3 years
2023
254+44
Franchised units
2024
210
Franchised units
2025
175
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 14 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
5
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Litigation-burdened specialty retail concept with undisclosed financials, leadership credibility concerns, and aggressive expansion raising questions about unit economics sustainability.

Score breakdown · what drove the 62 / 100 rating

  1. 01HIGHActive consumer fraud litigation and settled class action for trade practices violations suggest systemic compliance or marketing issues
  2. 02HIGHCEO fraud judgment from Planet Fitness role raises governance and integrity concerns for current leadership
  3. 03MEDFinancial performance metrics (revenue/net income) not disclosed in FDD Item 19, preventing ROI validation
  4. 04MINORRoyalty structure escalation (1.75% to 5%) creates margin compression risk as franchisees mature
  5. 05MINORRapid 21% YoY unit growth may indicate aggressive recruitment masking underlying unit-level profitability issues
  6. 06MEDHigh initial investment ($256K-$618K) without disclosed average returns creates payback period uncertainty

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Geographic Area
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required

Item 11

Training & Operations

Classroom training
38 hrs
On-the-job training
19 hrs
POS system
Erply Point of Sale (POS) System
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(303) 865-••••
CO
(479) 202-••••
AR
(727) 725-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

The Good Feet Store · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above