Fleet Feet, Inc.

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Fleet Feet, Inc. - overview

Established

1976

Location

-, NC, US

Primary Industry

Consumer Products

About

Fleet Feet, Inc. is a retail company specializing in running-related products, providing expert shoe fitting services and a wide range of athletic apparel and accessories to enhance performance and comfort for runners of all ages and abilities. Founded in 1976, Fleet Feet, Inc. operates as a retailer focused on catering to runners by offering personalized services and products.


Headquartered in Carrboro, North Carolina, the company has established itself in the running community across the United States. The CEO, Joey Pointer, has a background in retail management, bringing extensive experience to the company. Fleet Feet specializes in providing a comprehensive range of running-related products and services, primarily focusing on footwear, apparel, and accessories designed for runners of all levels. Their core offerings include expert shoe fitting services that cater to individual runner needs, facilitating optimum performance and comfort.


This service is complemented by a selection of high-quality athletic gear, including performance-enhancing apparel and running accessories such as GPS watches, hydration solutions, and recovery tools. Fleet Feet serves a diverse clientele, including casual joggers, competitive runners, and fitness enthusiasts, primarily in the United States. Their products are marketed in various regions across North America, with a strong emphasis on urban and suburban markets where running communities thrive. Fleet Feet generates revenue through direct-to-consumer sales in their retail locations, alongside online transactions via their e-commerce platform.


The company capitalizes on a straightforward sales structure that includes the sale of individual items as well as bundled offerings, promoting an accessible shopping experience for customers. The flagship products, such as the Saucony Endorphin Speed 5 and New Balance FuelCell Rebel v5, are prominent in their inventory and play a significant role in driving sales. Customers typically purchase these products outright, with no subscription model in place. Revenue is bolstered by a variety of promotions, seasonal sales, and loyalty programs designed to engage new and returning customers alike, ensuring a steady flow of transactions throughout the year.


Primary Industry

Consumer Products

Sub Industries

Clothing, Footwear, Education & Training Services

Website

www.fleetfeet.com

Verticals

E-commerce

Total Amount Raised

Subscriber access only

Fleet Feet, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedJackrabbit Sports, Inc.-

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