The Closet Trading Co. vs Flip Flop Shops
Franchise Comparison 2026
Both The Closet Trading Co. and Flip Flop Shops are retail franchises. The Closet Trading Co. requires an investment of $157K – $370K while Flip Flop Shops requires $183K – $349K. 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 The Closet Trading Co. B (Above average) and Flip Flop Shops F (Weakest tier).
| Metric | The Closet Trading Co. | Flip Flop Shops |
|---|---|---|
| Verdict Grade | BAbove average | FWeakest tier |
| Investment Range | $157K – $370K | $183K – $349K |
| Franchise Fee | $60K | $30K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $592KIncl. company outlets | $473KOutlet subset |
| SBA Charge-Off Rate | N/A | 52.6% (26 loans) |
| Total Units | 8 | 47 |
| Unit Growth (YoY) | -1 units | -2 units |
| Year Began Franchising | 2019 | 2018 |
| FDD Year | 2025 | 2025 |
Investment Range
$157K – $370K
$183K – $349K
Franchise Fee
$60K
$30K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$592KIncl. company outlets
$473KOutlet subset
SBA Charge-Off Rate
N/A
52.6% (26 loans)
Total Units
8
47
Unit Growth (YoY)
-1 units
-2 units
Year Began Franchising
2019
2018
FDD Year
2025
2025