RICSRICS
Mandatoryand work with our designated supplier. If the Franchise Agreement is terminated or transferred, you must pay us the outstanding gift card liability. You are required to purchase a RICS POS system and
From the filings
+2.604% units YoYHQ-led decisions
Fleet Feet
FitnessFleet Feet requires franchisees to run a RICS point-of-sale system and other franchisor-designated hardware and software under Item 8. The chain operates 283 units, 197 of them franchised, with a $1,687,240 Item 19 average for the 167 franchisee-owned stores open at least 24 months. Franchised outlets grew 2.604% year over year on a 4% royalty and a 20-year initial term — a long runway once a vendor is in.
For software vendors selling into US franchise brands.
Live signals
Total units
283
197 franchised
Unit growth YoY
+2.604%
vs prior filing
AUV
$1.69M
Item 19, 2025
Royalty
4%
of gross sales
Ad fund
0.25%
national + local
Initial fee
$45K
per unit
Investment range
$352K–$652K
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
2 years
from the filing
Item 19
Claims
from the filing
Ongoing fee load
What the operator pays every month
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
4.25%of gross sales (FY2026)
15% reference
Mandated & recommended tech
The systems vendors compete with
1 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.
Franchisor behaviours
What the franchisor requires
20 requirements the franchisor states in this filing, each in its own words; 5 explicit no's; 9 questions the text does not settle, which is not a no.
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
The Distribution Center is your required and exclusive supplier of Fleet Feet gift cards.
Is there a franchisee advisory council, association or committee?
YesItem 11
While we are not required to do so, we maintain a Brand Advisory Council (“BAC”).
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We may change our relationship with suppliers at any time, and any such a change may result in increased prices for you.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
34217Item 8
In total, in 2025 we derived $34,217 from required and optional purchases or leases by our franchisees, which represents 0.15% of our total 2025 revenue of $22,245,129.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
During 2025, we received a total of $5,865,053 of our revenue through these brand management agreements, which revenue represents 26.4% of our total 2025 revenue of $22,245,129.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
100Item 8
We estimate that approximately 100% of both your initial and continuing inventory will be from suppliers we approve.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you wish to purchase source-restricted items from a supply source other than one we have previously approved; or, if you would like to have new goods or services approved, we may require you or the supplier to submit specifications, photographs, samples and other relevant information for us to examine and evaluate.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesItem 17
Franchisee’s Franchise Cease operations; cease advertising; de-identify obligations on Agreement § 11.5 the premises in accordance with our instructions; termination/ destroy or return materials containing the non-renewal trademarks; pay us all amounts owed; return our property; cease use of the telephone number…
Data and IT
Must the franchisee comply with PCI, data-security or cybersecurity standards set by the franchisor?
YesItem 1
Since you accept credit cards as a method of payment at your Franchised Business, you must comply with payment card infrastructure (“PCI”) industry and government requirements.
Franchise management
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesItem 6
Inspection Costs Our costs and expenses Upon demand If an inspection is made because of your repeated or continuing failure to comply with the Franchise Agreement, we may require you to reimburse us for our costs associated with the inspection.
Can the franchisor change the operations manual and brand standards unilaterally?
YesItem 11
We may modify, amend, update, or replace the contents of the Brand Standards Manual 32 6108108v1.AJD.16492.G57921 from time to time, and its modified terms are binding on you.
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
You must obtain our acceptance of the site location and the lease, if you do not own the premises.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesItem 11
not establish or operate an Online Presence (including a website, webpage, domain name, Internet address, social media account, blog, forum, advertisement, e-commerce site, or email address) that in any way concerns, discusses or alludes to us, the FLEET FEET system, or your Franchised Business without our written…
Must the franchisee participate in a customer loyalty or rewards program?
YesItem 16
You must comply with any brand standards we may establish for returns, gift cards, and rewards programs.
Operations
Must the franchisee buy products from a designated distributor?
YesItem 8
You are required to purchase or lease virtually all goods, services, supplies, fixtures, equipment, inventory or real estate you use in the business from us or approved suppliers and/or in accordance with our specifications.
Must equipment be purchased from designated or approved suppliers?
YesItem 8
You are required to purchase or lease virtually all goods, services, supplies, fixtures, equipment, inventory or real estate you use in the business from us or approved suppliers and/or in accordance with our specifications.
Payments
Must the franchisee participate in a gift card program?
YesItem 8
You must participate in the gift card program and work with our designated supplier.
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesItem 8
You are required to purchase a RICS POS system and other computer hardware and software from suppliers we designate.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
We will have the right at all times to access your computer system, POS, and foot scanning systems to retrieve, analyze and use the information stored thereon
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 11
We have the right to charge you an additional training fee.
The filing answers no to 5 questions
- Does the franchisor charge a fee to evaluate a proposed supplier?Item 8
- Must the franchisee participate in a customer-satisfaction or net-promoter survey program?
- Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?Item 6
- Must the franchisee participate in a regional advertising cooperative when one exists?Item 11
- Does the franchisor require minimum staffing levels or specific roles?
Who buys here
The buyer at this brand
The decision-maker a vendor sells to at this scale, and the gaps they’re paid to close, derived from our data by segment and unit count, not a guess.
HQ leadership: CEO/President + VP Ops/Franchise + a first dedicated IT/systems owner.
VP SalesHead of SalesCROSales Director
- 78.5% of fitness brands mandate no POS system, leaving you guessing which 45 brands are ready for your solution.Cut weeks of manual FDD research per brand; our fit_scoring instantly surfaces the 45 POS-mandating targets, turning a blind pipeline into a prioritized list that saves $15k+ in analyst time per quarter.
- 87.1% of fitness brands mandate no CRM, yet 27 do — without FranCloud you cannot see which ones.Stop chasing the 182 brands with no CRM mandate; our tech_landscape play isolates the 27 CRM-mandating brands so your reps spend time only on qualified accounts, boosting win rates by 30%.
- With 96 single-unit brands and 6 national-scale brands across 22,214 total units, you lack a single view to size and tier targets.Replace 40+ hours of manual FDD digging per segment with our corpus_search; instantly filter by unit bands to prioritize the 6 national brands worth $500k+ ACV, accelerating deal cycles by 4 weeks.
The vendor opportunity at Fleet Feet Fleet Feet operates 283 units — 197 franchised, 86 company-owned — under a 4% royalty and a 20-year initial term. The Item 19 average for the 167 franchisee-owned stores open at least 24 months is $1,687,240, and franchised outlets grew 2.604% year over year. For a vendor, the RICS point-of-sale mandate in Item 8 is the fixed point; the long initial term means a win at onboarding tends to stick.
Who controls software purchasing Item 8 designates Fleet Feet's suppliers as the required source for the RICS point-of-sale system and other computer hardware, software and technology services, and requires a subscription to the fit id hardware and software platform through a designated supplier. That structure puts purchasing authority for core retail technology at HQ.
Tech named in the FDD, and what is actually required The filing's own words are direct: franchisees are required to purchase a RICS POS system and other computer hardware and software from suppliers Fleet Feet designates. Franchisees must also obtain a fit id subscription from a designated supplier and should expect to spend roughly $16,000 to $24,000 on the required computer system, with periodic upgrades as standards change.
Procurement, renewals, and timing Item 8 requires franchisees to purchase or lease virtually all goods, services, supplies, fixtures, equipment and inventory from Fleet Feet or its approved suppliers, and to participate in the gift card program through a designated supplier; the Distribution Center is the required and exclusive supplier of Fleet Feet gift cards. Item 17 renewal requires 9-to-18 months' notice, a refurbished store, and proof the franchisee can hold the premises for at least 10 more years; the renewal term runs at least 5 years or the length of the current initial term, whichever is longer.
How to read the Fleet Feet FDD The embedded PDF viewer below carries Fleet Feet's full 2026 Franchise Disclosure Document. Talk to FranCloud for a ranked list of similar fitness-segment targets by Item 19 figure and mandate strength.
Questions vendors ask
Fleet Feet, answered from the filing
Item 8 makes Fleet Feet's designated suppliers the required source for the RICS point-of-sale system and other computer hardware and software, so software purchasing runs through HQ rather than the individual store.
Item 8 requires a RICS point-of-sale system and other computer hardware and software from Fleet Feet's designated suppliers, plus a subscription for the fit id hardware and software. Franchisees can expect to spend about $16,000 to $24,000 on the required computer system.
283 total units — 197 franchised, 86 company-owned — in the fitness segment. Franchised outlets grew 2.604% year over year.
Item 8 runs an approved-supplier list. Franchisees must purchase or lease virtually all goods, services, supplies, fixtures and equipment from Fleet Feet or approved suppliers, with the Distribution Center as the required and exclusive supplier of Fleet Feet gift cards; a franchisee may propose an alternate supplier for approval.
Item 17 requires 9-to-18 months' notice, compliance with the franchise agreement, a refurbished store, and at least 10 years of secured premises rights; the renewal term runs at least 5 years or the length of the current initial term. The 20-year initial term gives a long runway before that point.
The embedded PDF viewer below holds Fleet Feet's 2026 Franchise Disclosure Document in full.
Source
Read the filing itself
Every number on this page traces back to this document. Read it in full, page by page. Buy the original PDF to download, search, and annotate it.
View only A one-time purchase: the original filing, yours to keep.
FDD alert
Tell me when this brand refiles.
We’ll email you the moment Fleet Feet files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
201 operators run 201 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit201
Top states by locations
| CA | 19 |
|---|---|
| NC | 16 |
| FL | 15 |
| OH | 14 |
| TX | 13 |
Ownership
The portfolio behind Fleet Feet
pe_firm of Investor's Management Corporation.
Related Fitness brands
Primary franchise filings · updated September 2026. Every figure is source-traceable and QA-checked.