Franchise opportunities compared

    Fleet Feet vs MGM Wine & Spirits

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Fleet Feet

    $352,000 – $651,500

    2026 FDD · Item 7

    MGM Wine & Spirits

    $532,000 – $2,215,000

    2026 FDD · Item 7 · PDF p. 13 · printed p. 8

    Initial franchise fee · Item 5

    Fleet Feet

    $45,000

    2026 FDD · Item 5 · PDF p. 17

    MGM Wine & Spirits

    Not available

    Royalty · Item 6

    Fleet Feet

    4%

    2026 FDD · Item 6 · PDF p. 19

    MGM Wine & Spirits

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Fleet Feet discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Fleet Feet: 6, MGM Wine & Spirits: 7). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Fleet Feet

    $352,000 – $651,500
    2026 FDD · Item 7

    MGM Wine & Spirits

    $532,000 – $2,215,000
    5000 square-foot store — Total initial investment: $532,000-$1,042,000
    2026 FDD · Item 7 · PDF p. 13 · printed p. 8
    Standard initial franchise fee (Item 5)

    Fleet Feet

    $45,000
    2026 FDD · Item 5 · PDF p. 17

    MGM Wine & Spirits

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Fleet Feet

    4%
    Royalty rate
    2026 FDD · Item 6 · PDF p. 19

    MGM Wine & Spirits

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Fleet Feet

    0.25%
    Marketing Fund rate — 0.25%
    2026 FDD · Item 6 · PDF p. 19

    MGM Wine & Spirits

    2%
    Advertising/marketing contribution may increase up to 2% of Gross Receipts — 2%
    2026 FDD · Item 6 · PDF p. 9 · printed p. 4

    System scale & health

    Total outlets (Item 20)

    Fleet Feet

    283
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 62

    MGM Wine & Spirits

    25
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 33 · printed p. 28
    Net outlet change (Item 20)

    Fleet Feet

    +14
    Calculated: 269 at end of 2023 → 283 at end of 2025

    MGM Wine & Spirits

    −2
    Calculated: 27 at end of 2023 → 25 at end of 2025
    Outlet exits (Item 20)

    Fleet Feet

    Not available
    No complete exit records for a year

    MGM Wine & Spirits

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Fleet Feet

    Not available
    Not in reviewed records

    MGM Wine & Spirits

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Fleet Feet

    Not available
    Not in reviewed records

    MGM Wine & Spirits

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Fleet Feet
    Locations counted not stated in the reviewed record — Combined franchised and affiliate-owned stores in operation for at least 24 mon…
    $6,653,754
    other Combined 2025 High Gross Sales
    2026 FDD · Item 19 · PDF p. 60
    Locations counted not stated in the reviewed record — Franchisee-owned stores in operation for at least 24 months
    $177,364
    other Franchisee-Owned 2025 Low Gross Sales
    2026 FDD · Item 19 · PDF p. 60
    Locations counted not stated in the reviewed record — Affiliate-owned stores in operation for at least 24 months
    $1,643,213
    other Affiliate-Owned 2025 Average Gross Sales
    2026 FDD · Item 19 · PDF p. 60
    +3 more groups in the full report
    MGM Wine & Spirits
    Locations counted not stated in the reviewed record — Franchised Smaller Stores in the stated square-footage group that operated the…
    $3,264,408
    other Small4000–6000sqft
    2026 FDD · Item 19 · PDF p. 31 · printed p. 26
    Locations counted not stated in the reviewed record — Franchised Mid-Size Stores in the stated square-footage group that operated the…
    16.67 percent
    other Midsize
    2026 FDD · Item 19 · PDF p. 31 · printed p. 26
    Locations counted not stated in the reviewed record — Franchised Mid-Size Stores between 6,300 and 8,000 square feet that operated th…
    $1,232,861
    other Midsize6300–8000sqft
    2026 FDD · Item 19 · PDF p. 31 · printed p. 26
    +4 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Fleet Feet vs MGM Wine & Spirits: common questions

    Which costs less to open, Fleet Feet or MGM Wine & Spirits?
    Fleet Feet: $352,000 – $651,500 (2026 FDD · Item 7); MGM Wine & Spirits: $532,000 – $2,215,000 (2026 FDD · Item 7 · PDF p. 13 · printed p. 8). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Fleet Feet. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Fleet Feet or MGM Wine & Spirits?
    Fleet Feet: 283 (2026 FDD · Item 20 · PDF p. 62); MGM Wine & Spirits: 25 (2026 FDD · Item 20 · PDF p. 33 · printed p. 28). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Fleet Feet and MGM Wine & Spirits disclose financial performance (Item 19)?
    Fleet Feet has reviewed Item 19 figures for 6 location groups; MGM Wine & Spirits has reviewed Item 19 figures for 7 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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