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11 Best Sneaker Store Franchise s [Cost, Fees]

Do you want to start a sneaker store business by buying a franchise? If YES, here are 11 best sneaker store franchise opportunities for sale and their cost. Starting and running your own shoe or sneaker store might be an ideal marriage between your interests and a substantial income. But one of most important elements of your shoe store will be the shoes you intend to sell.

It simply means that you have to consider who your target audience is as you develop your business plan. For example, if you are planning to sell only women’s shoes, then you will want to ensure that you have a variety of shoes that are popular among women.

Also, if you only want to sell high-end women’s shoes, then you will need much less inventory, but you will also probably have to spend more money on the products you supply. To keep from spending too much at the get-go, you can often save by buying in bulk.

It is also crucial that you look around in the area where you plan to sell so that you can understand your potential market to the best of your ability. This includes everything from demographics to affluence to weather. If you live in a very rainy area, for instance, stocking rain boots rather than an excess of open-toed shoes would likely be a good idea.

When building your sneaker store business plan, you will need to look into the required licenses and permits for retail establishments in your state. Note that some commonly required documents are resale permits, state tax identification numbers, employer identification numbers and an assumed name certificate. You will also want to open wholesale accounts with larger and local distributors so that you can establish working relationships together.

You may also consider either buying or leasing a retail space. This decision should come down to the cost of buying versus renting, and as expected, your credit score will likely come into play when determining how much you need to spend if you want to purchase a space.

If you plan to stay in the same location for multiple years in a row, you might end up saving more money if you buy a space. If you are not interested in starting your own sneaker store, you might instead like to buy an existing franchise.

There is a lot of value to be found in starting your own store. You won’t have to pay royalties or other fees to a franchise, for instance. Doing so could mean a large deficit at the outset. You can also create your own rules, mission and values and create a business that’s run completely under your ideals. But with a franchise, there might be pre-existing rules and procedures that you will have to follow, depending on your contract.

Buying a franchise is a straightforward way to run a business, since you just sign the agreement and pay fees to start with an established name and location. Franchises do have their own set of challenges, including market saturation and linked reputations that you don’t completely control, but in all, it is one of the best and easiest ways to start and run a successful business.

If you are not interested in starting your own sneaker store and would like to buy an existing franchise, below are top sneaker store franchises to buy in the USA.

11 Best Sneaker Store Franchise Opportunities for Sale and Their Cost

  1. Rhea Lana

In 1997, Rhea Lana Riner held her first children’s consignment sale in her living room, with just 11 consignors and hand-written price tags. With the positive feedback from the first event being overwhelming, she quickly realized that there was an available market among families of all kinds for gently used children’s clothing. Today Rhea Lana’s Franchise Systems supports 80 franchises operating in 21 states and has received numerous awards.

Financial Requirements

  • Initial Investment: $20,550 – $39,950
  • Franchise Fee: $11,500 – $14,500
  • Ongoing Royalty Fee: 3 – 1%
  1. Shoebox New York

This company has remained New York’s top multi-branded women’s retailer for luxury and designer footwear, handbags & accessories since 1954. Shoebox New York’s reputation is built on its vast product assortment & trend-setting styles, offering women the latest fashions from top European & American designers.

Shoebox New York’s exceptional product offering, personalized customer experience & trendy new store design have gained a dedicated following of sophisticated women worldwide.

Financial Requirements

  • Liquid Cash Requirement: $150,000
  • Net worth requirement: $350,000
  • Initial Investment: $390,450 – $840,900
  • Franchise fee: $39,900
  1. Panda Shoes

Popularly known as a shoe store specializing in children’s Shoes, Panda shoes offer the best selection for kids from all the best suppliers. They offer complete training to franchisees and staff, and also offer buying, selling, administration, merchandising and advertising help to franchisees.

Financial Requirements

  • Initial Investment: $80,000 – $125,000
  • Franchise Fee: $25,000
  • Royalty Fee: 4%
  • Advertising Fee: 0.5%
  1. Style Encore

Style Encore is a chain of gently used women’s clothing stores founded in 2013. The company is based in Minneapolis, Minnesota. Style Encore also provides franchise opportunities. As of 2018, Style Encore operates 59 franchises in the United States and 5 ones outside the country.

Financial Requirements

  • Initial investments: $264,200 – $398,400
  • Net-worth Requirement: $250,000
  • Liquid Cash Requirement: $75,000
  • Franchise Fee: $25,000
  • Ongoing Royalty Fee: 5%
  1. Zelen Shoes

Zelen Shoes is your one stop shop for all things shoe related. The store currently has a wide variety of shoes, shoe laces, sandals, flip-flops, sneakers, boots and socks. They also carry top brands at the best possible price and offer what they consider to be the best shipping policy on the market.

Even though shoes are at the forefront of the store’s business, they’ve been working on other aspects of their business as well. They also wholesale shoe laces to a plethora of people, organizations and events.

Financial Requirements

  • Initial Investments: $100,000
  • Franchise fee: $6,500
  • Royalty fee: 2.5%
  1. The Athlete’s Foot

Renowned as the world’s first franchisor of athletic footwear, this company is a world leader in athletic footwear. Athlete’s Foot carries a wide array of athletic footwear brands, including Nike, Adidas, Reebok, New Balance, Converse, Fila, Saucony, Timberland and Vans.

While Athlete’s Foot operates stores in malls and strip centers, urban neighborhoods and small towns, one thing remains constant: the brand’s commitment to being the world’s definitive expert in athletic footwear.

Financial Requirements

  • Liquid Cash Requirement: $85,000
  • Net worth requirement: $250,000
  • Initial Investment: $196,000 – $446,000
  • Franchise fee:: $39,900
  1. Monkee’s Boutique

Monkee’s is a specialty retail clothing boutique for fashionistas that are prospective business owners. The cost to start a Monkee’s Boutique begins with a minimum liquid capital amount of $50,000. The total investment ranges from $166,250 to $317,000.

Included in the investment is start-up assistance, marketing and advertising support, website services, site selection, boutique design consultation, ongoing operational and marketing support and much more.

Financial Requirements

  • Total Investment: $166,250 – $317,000
  • Liquid Cash Requirement: $50,000
  1. Uptown Cheapskate, LLC

This company operates a clothing store franchise. The company franchises clothing stores that buy and sell new and resale apparel, shoes, and handbags for teenagers and adults. The company was founded in 2008 and is based in Salt Lake City, Utah. As of 2018, Uptown Cheapskate operates 65 franchises in the United States.

Financial Requirements

  • Initial investments: $259,660 – $443,160
  • Net-worth Requirement: $200,000
  • Liquid Cash Requirement: $75,000
  • Franchise Fee: $25,000
  • Ongoing Royalty Fee: 5%
  • Ad Royalty Fee: 0.5%
  1. Kiddie Kobbler

Popularly known as a shoe store for tots to teens sizes, Kiddie Kobbler is a family owned and operated business. The company features great service, wonderful selection of sizes and widths, and the highest quality. They also have footwear for all seasons plus dance and athletic footwear, accessories, and apparel too.

Financial Requirements

  • Initial Investment: $100,000 – $130,000
  • Franchise Fee: $30,000
  1. Scout & Molly’s

Scout & Molly’s is a 900 to 1,200 square foot class A Retail storefront business catering to women of Mid to high income households. Average customer is 30 – 65 year old female but Scout & Molly’s does a good job selling to husbands or boyfriends too. The targeted Scout & Molly’s customer is a woman who wants to feel good about herself and sees clothing as a way to reflect that. She most often falls between the ages of 30-65.

There will be customers who are as young as high school as well as those older than 65, however the majority of customers fall in the range noted. She may or may not have children, may or may not work full time and may or may not be married. She typically is someone who follows trends and wants the brands and styles seen in fashion magazines.

She wants items that can easily transition from day to night and also wants to be able to accessorize her clothing with fun fashionable jewelry pieces. She is someone who wants something more unique rather than items that are mass marketed.

Financial Requirements

  • Initial Investment: $100,000
  • Investment Range: $250,300 – $294,750
  • Franchise Fees: $50,000
  1. Zeko Shoes

As an independent marketing affiliate for Zeko Shoes, you will have the independence, freedom and control that you want and deserve in owning your own business. You will be independent, but not on an island by yourself.

You can build a residual, flexible and profitable business by selling Zeko Shoes in your local market (special events, tradeshows, schools, retail stores, sporting events and your personal online store). You will have the opportunity to recruit and build your own team of affiliates.

You will have multiple income stream opportunities by helping your team establish Zeko Shoes in your local market. The business you build could enable you to have more time and money freedom to enjoy the things that you’d like for you and your family.

Financial Requirements

  • Initial Investment: $5,000 – $30,000