Red Wing Shoe Store

Be a part of our premier footwear brand! With over 100 years of success, we've been creating comfortable, purpose-built footwear. Red Wing Shoes operates world- wide with over 400 locations and 200 on-site shoe mobiles specializing in bringing our footwear and accessories directly to industrial work sites!

What Does a Red Wing Shoe Store Dealership Cost?

To buy a dealership with Red Wing Shoe Store, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $300,000. Dealers can expect to make a total investment of at least $325,000. They also offer a discount for veterans ($25,000 Towards Store Build-Out). *

Requirements

Financial requirements for this dealership:

Liquid Capital: $50,000
What does Liquid Capital mean?
Net Worth: $300,000
What does Net Worth mean?
Total Investment: $325,000
What does Total Investment mean?

Options

Options available to dealers:

Training: Available
Veteran Discount: $25,000 Towards Store Build-Out

Company Details

Facts about this dealership:

Total Units: 500
Year Founded: 1905
Franchising Since: 1952

About Us

More than 110 years ago, Red Wing Shoe Company was founded on the idea of creating comfortable, purpose-built footwear. Today Red Wing Shoes is the premier work and safety footwear brand in the world with over one hundred and ten years of manufacturing experience and operating two factories and our own tannery in the U.S.

We are a privately held, third generation, family-owned business located in Red Wing, Minnesota.

Red Wing Shoe Company has over 500 Red Wing Stores in 48 states and Canada, comprised of 330 dealer-owned and 170 company-owned stores. Our mobile services add a dimension of sales that goes beyond the “reach” of the stores. There are 170+ mobile shoe stores serving business customers at their work sites.


The Dealership Opportunity

  • Strong year-round business with significant ROI potential
  • Full retail support from Red Wing Shoe Company including national advertising, complete online solutions, marketing and merchandising materials, inventory management
  • Multi-unit expansion opportunities
  • No franchise fees, no advertising fees, no royalties
  • $325,000 investment includes: inventory, store build-out, pre-opening expenses, advertising, and working capital

New Dealer Benefits

  • Opening inventory with no payments for 6 months with final payment due at 15 months - saves up to $10,000 in borrowing costs
  • For stores that open in 2018, Red Wing contribution to store build-out $25,000 reimbursement - not a loan and is not repaid
  • Red Wing proprietary POS software, free for 1 year - saves $6,000
  • Free market analysis and site selection assistance
  • Pre-opening training and ongoing support from Regional Field Sales and Operations Team at no cost
  • SBA and 401k financing contacts and services made available

Find out more about owning a Red Wing Shoe Store that offers strong potential for an excellent return on investment and the opportunity for building a legacy business.

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

Thank You for Your Interest in this Business!"

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