Athlete's Foot vs The Yak Shak Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Athlete's Foot vs The Yak Shak including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$201,600 - $640,300 | $114,200 - $534,000 |
Franchise Fee |
$35,000 | $20,000 |
Royalty Fee |
5% | 3% |
Advertising Fee |
- | 1% |
Year Founded |
1972 | 2019 |
Year Franchised |
1973 | 2021 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6
- 10
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Athlete's Foot
Robert and David Lando had a unique vision in 1971--to open a store specializing in athletic footwear. That year they opened the first The Athlete's Foot in Pittsburgh. The first franchise opened in 1972 in Oshkosh, Wisconsin, and the first international location opened in 1978 in Adelaide, Australia. The Athlete's Foot now operates company-owned and franchise locations in more than 40 countries. The company develops stores in malls, shopping districts and as freestanding locations. Each store sells name-brand athletic footwear and apparel. There are also The Athlete's Foot For Her stores, which specialize in athletic footwear and apparel for girls and women.
The Athlete’s Foot is more than just a retail store; it’s a destination
for athletic street style. At The Athlete’s Foot, we want to be known for encouraging
our customers to break the rules and explore the unexpected. So we’re
transforming into a place with a pulse on the street that offers them
the chance to craft their own story through clothing and style.
About The Yak Shak
The Yak Shak is a kayak pro shop headquartered in Pelham, Alabama that brings together
outdoor enthusiasts and builds community around supporting and
conserving our natural waterways. The Yak Shak carries fishing kayaks, tackle,
apparel and offers kayak rentals year-round.
The total investment necessary to begin operation of a single
The
Yak Shak franchise ranges from $114,200 to $534,000. This includes the
Initial Franchise Fee of $20,000 that is paid to the franchisor. They
also offer an area development agreement that allows you to open a
minimum of two stores within a designated territory. You must pay a
development fee of $61,000 to $68,500 for two franchise locations and an
additional fee of $15,000 for each franchised location after two.