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| Brand | Flip Flop Shops Retail Remove |
|---|---|
| Vitals | |
Investment range | $183K – $349K |
Liquid capital | $0 – $55K |
Franchise fee | $30K |
Royalty rate | 5.0% |
Ad fund rate | 1.0% |
| Performance | |
Avg gross sales | $473K |
Median gross sales | $333K |
Avg owner earnings Metric varies by brand. Check type below | N/A |
Earnings metric | Not classified |
| Risk | |
Rating | FBottom Quintile |
Risk score | 90 / 100 |
SBA charge-off rate | 52.6% |
SBA loans on record | 26 |
| Scale | |
Total units | 47 |
Net change (latest yr) | N/A |
Turnover rate | 25.5% |
| Contract | |
Initial term (years) | 8 |
Renewal term (years) | 5 |
Initial training (hrs) | 84 |
| Contacts | |
Franchisee phones | 60 |
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