Flip Flop Shops vs The Closet Trading Co.
Franchise Comparison 2026
Both Flip Flop Shops and The Closet Trading Co. are retail franchises. Flip Flop Shops requires an investment of $183K – $349K while The Closet Trading Co. requires $157K – $370K. In terms of revenue, The Closet Trading Co. reports higher average unit revenue at $592K. Note: Includes company-owned outlets. Flip Flop Shops has SBA lending data on file with a 52.6% charge-off rate. FranchiseVerdict rates Flip Flop Shops F (Weakest tier) and The Closet Trading Co. B (Above average).
| Metric | Flip Flop Shops | The Closet Trading Co. |
|---|---|---|
| Verdict Grade | FWeakest tier | BAbove average |
| Investment Range | $183K – $349K | $157K – $370K |
| Franchise Fee | $30K | $60K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $473KOutlet subset | $592KIncl. company outlets |
| SBA Charge-Off Rate | 52.6% (26 loans) | N/A |
| Total Units | 47 | 8 |
| Unit Growth (YoY) | -2 units | -1 units |
| Year Began Franchising | 2018 | 2019 |
| FDD Year | 2025 | 2025 |
Investment Range
$183K – $349K
$157K – $370K
Franchise Fee
$30K
$60K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$473KOutlet subset
$592KIncl. company outlets
SBA Charge-Off Rate
52.6% (26 loans)
N/A
Total Units
47
8
Unit Growth (YoY)
-2 units
-1 units
Year Began Franchising
2018
2019
FDD Year
2025
2025