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BNI vs Fleet Feet — which franchise is the better buy?

Side by side from the public FDDs — no franchisor spin.
BNIFleet Feet
Disclosure honestyAB
Investment from$53,410$352,000
Total fees20%4.25%
Outlets191283
Lawsuits50

BNI: what their numbers say

Gross revenue and membership counts for 90 company-owned and 94 franchised outlets in 2025. Average franchised outlet revenue: $399,084; median: $293,449. No cherry-picking apparent; comprehensive percentile analysis provided.

Fleet Feet: what their numbers say

Average gross sales 2025: $1.67M (combined 248 stores). First-year single-unit: $700K; multi-unit: $790K. Excludes costs, operating expenses, royalties. Historical data only.

Get the real owner take-home for either — $149

Full net-profit math, financing, red flags. See a sample →