Flip Flop Shops is a retail footwear franchise specializing in flip flops, sandals and beach lifestyle accessories. The franchise requires an initial investment of $182,900-$349,400 including a $30,000 franchise fee. The system has experienced significant challenges with high turnover rates (42%+ of units terminated/ceased in past 3 years) and unit count declining from 56 in 2022 to 47 in 2024. Financial performance varies widely with median sales of $333K but ranges from $90K to $1.4M. The franchise offers protected territory within 1-mile radius but retains significant franchisor rights including Reserved Areas and alternative distribution channels. Training is conducted on-site at the franchisee's location with ongoing 5% royalty and 1% advertising fund contributions.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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