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Side by Side Comparison

FOOT SOLUTIONS vs Red Wing Shoes

Quick Answer

FOOT SOLUTIONS vs Red Wing Shoes: FOOT SOLUTIONS costs $165K to $272K to open; Red Wing Shoes costs $50K to $345K. FOOT SOLUTIONS has 75 units, Red Wing Shoes has 14. SBA loan history: FOOT SOLUTIONS = 94 loans (26.6% default); Red Wing Shoes = 17 loans (5.9% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.

FOOT SOLUTIONS vs Red Wing Shoes: Capital, Scale & Lending Analysis

Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.

Capital Intensity

Red Wing Shoes requires the lower minimum capital commitment ($50K vs $165K for FOOT SOLUTIONS), a 230% spread. Initial franchise fees come in at $45K for FOOT SOLUTIONS versus $50K for Red Wing Shoes, FOOT SOLUTIONS has the lower entry fee.

System Scale & Tenure

On scale, FOOT SOLUTIONS operates 75 units to Red Wing Shoes's 14, roughly 5× the system size. Red Wing Shoes has been operating 121 years (founded 1905) versus 26 for FOOT SOLUTIONS (founded 2000), a 95-year tenure gap that affects unit-economics maturity and FDD revision history.

SBA Lending Profile

FOOT SOLUTIONS has the deeper SBA lending track record, with 94 7(a) approvals compared with 17 for Red Wing Shoes.

Risk Signal

SBA default rates are 26.6% for FOOT SOLUTIONS and 5.9% for Red Wing Shoes, Red Wing Shoes has the cleaner SBA loss record by 20.7 points. PeerSense FPI scores come in at 30 (Fair) for FOOT SOLUTIONS and 41 (Fair) for Red Wing Shoes, giving Red Wing Shoes the stronger composite signal across SBA performance, lender appetite, and operational consistency.

FOOT SOLUTIONS
FOOT SOLUTIONS

Shoe Stores

30 7W
Red Wing Shoes
Red Wing Shoes

Shoe Stores

41

Health & Performance

FPI Score
30/100
41/100
Health Tier
Limited
Fair
Confidence
N/A
N/A
Lending Trend
Declining
Declining

SBA Lending

SBA Loans
94
17
SBA Volume
–
–
Default Rate
26.6%
5.9%
Peer Tier
established
growing

Investment & Costs

Total Investment
$165K to $272K
$50K to $345K
Franchise Fee
$45K
$50K
Royalty Rate
5%
N/A
Ad Fund
N/A
N/A
Liquid Capital
$50K
N/A
Net Worth Required
$250K
N/A

Financial Performance (Item 19)

Item 19 Status
Not Disclosed
Not Disclosed

System Size & Operations

Total Units
75
14
Franchised Units
75
14
Company Owned
–
–
Term Length
N/A
N/A

Brand Information

Year Founded
2000
1905
Franchising Since
N/A
N/A
Years Franchising
N/A
N/A
Headquarters
N/A
KENOSHA, WI
Category
Shoe Stores
Shoe Stores
Website
FDD Year
N/A
N/A

Which Is Better, FOOT SOLUTIONS or Red Wing Shoes?

Lower upfront capital required

Tie

FOOT SOLUTIONS: $165K starting · Red Wing Shoes: $50K starting

More SBA lender confidence

FOOT SOLUTIONS

FOOT SOLUTIONS: 94 SBA loans · Red Wing Shoes: 17 SBA loans

Lower SBA default rate

Red Wing Shoes

FOOT SOLUTIONS: 26.6% · Red Wing Shoes: 5.9%

Larger system & brand presence

Tie

FOOT SOLUTIONS: 75 units · Red Wing Shoes: 14 units

Lower ongoing royalty load

Red Wing Shoes

FOOT SOLUTIONS: 5% · Red Wing Shoes: 0%

More lender financing options

FOOT SOLUTIONS

FOOT SOLUTIONS: 40 unique lenders · Red Wing Shoes: 13 unique lenders

Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.

Franchise Financing

Need Funding for FOOT SOLUTIONS or Red Wing Shoes?

PeerSense connects you with 500+ SBA lenders and capital sources. Our referral fee is established upfront and paid at closing.

500+

SBA Lenders & Capital Sources

$0

Retainers or Consulting Fees

SBA 7(a)

10% Down Franchise Loans

About These Franchises

FOOT SOLUTIONS

No description available.

Red Wing Shoes

No description available.

FOOT SOLUTIONS vs Red Wing Shoes: Franchise Funding Comparison

Comparing FOOT SOLUTIONS and Red Wing Shoes is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $50K to $345K.

FOOT SOLUTIONS has 94 SBA loans on record and Red Wing Shoes has 17. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.

SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.

Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.

FOOT SOLUTIONS vs Red Wing Shoes, Frequently Asked Questions

Which is a better franchise investment, FOOT SOLUTIONS or Red Wing Shoes?
Compare FOOT SOLUTIONS vs Red Wing Shoes franchise costs, FDD data, royalty rates, unit counts, and SBA lending history side by side above. The best franchise depends on your capital, market, and risk tolerance, not a single ranking. Use the decision matrix above to see which brand wins on each financing dimension.
How much does a FOOT SOLUTIONS franchise cost compared to Red Wing Shoes?
FOOT SOLUTIONS requires $165K to $272K in total initial investment with a $45K franchise fee. Red Wing Shoes requires $50K to $345K with a $50K franchise fee. All numbers come from official Franchise Disclosure Document filings.
Can I finance FOOT SOLUTIONS or Red Wing Shoes with an SBA loan?
Both brands appear on the SBA Franchise Directory and have funded SBA 7(a) loans: FOOT SOLUTIONS has 94 SBA loans on record; Red Wing Shoes has 17. SBA 7(a) is the most common franchise financing vehicle, offering up to $5M with 10% down. PeerSense routes your deal to lenders who have already approved the brand.
Which has a lower SBA default rate, FOOT SOLUTIONS or Red Wing Shoes?
FOOT SOLUTIONS: 26.6% SBA default rate. Red Wing Shoes: 5.9% SBA default rate. Lower default rates mean lenders quote tighter rates and underwrite faster.

Talk to PeerSense

Tell us which brand and your budget. We source capital from lenders who have already funded deals in these systems.

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Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman