Shoes-n-Feet vs MODE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shoes-n-Feet vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Shoes-n-Feet Franchise
MODE Franchise
Investment $185,800 - $313,000$171,000 - And Up
Franchise Fee $25,000$30,000
Royalty Fee 5%6%
Advertising Fee -1%
Year Founded 19982007
Year Franchised 20022011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Shoes-n-Feet Franchise
MODE Franchise
Experience --

Financing Options
 
Shoes-n-Feet Franchise
MODE Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Shoes-n-Feet Franchise
MODE Franchise
Training Available at franchisee's location

Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, Regional advertising-
Operations 66% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 3

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

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Expansion Plans
 
Shoes-n-Feet Franchise
MODE Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

About Shoes-n-Feet


The SHOES-n-FEET concept is ahead of the pack. We are committed to offering the best-looking and most comfortable shoes and orthotics at fair prices in a relaxing, educational environment. We have a commitment to customer service and going the extra mile.
SHOES-n-FEET's  unique combination of retail, education and service has "closed the loop" between the medical community, their patients, and retail shoe stores and is a win-win for everyone.
Company history: Five generations in the making.

About MODE

MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.