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Flip Flop Shops
Flip flops and sandals store
Flip Flop Shops has a simple message (and an accompanying song) for the world: “Live, work, and play with your toes exposed and the freedom of flip flops on your feet.” With such a message, one would think the company sells flip flops and sandals. It does. Customers can choose from the latest styles and top brands. The franchise company has extensive experience in creating brands such as Cold Stone Creamery, Moe’s Southwest Grill, and Shane’s Rib Shack. Franchisees attend, as one would imagine, Flip Flop University to learn the business. They also receive support, which includes site selection, design/construction, opening, operational, and marketing assistance.
Flip Flop Shops
2885 Hilton Circle
Kennesaw, GA 30152
770-424-0027
Fast Facts
| Year established | 2004 |
| Franchising since | 2007 |
| Can be run from home? | No |
| Number of employees needed | 3 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | Franchisor offers a discount on the initial franchise fee to military veterans and active military personnel |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 39 | 5 | 1 |
| 2010 | 28 | 4 | 2 |
| 2009 | 10 | 2 | 2 |
Expanding in These Locations
United States, Australia/New Zealand, Canada
Costs
| Total Investment | $169,300 - $274,500 |
| Franchise Fee | $30,000 |
| Royalty Fee | 5% |
Financial Requirements
| Net Worth | No minimum requirement |
| Liquid Capital | $75,000 |
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
Flip Flop Shops
2885 Hilton Circle
Kennesaw, GA 30152
770-424-0027
