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| Brand | Flip Flop Shops Retail Remove | APRICOT LANE BOUTIQUE Retail Remove |
|---|---|---|
| Vitals | ||
Investment range | $183K – $349K | $150K – $342K |
Liquid capital | $0 – $55K | $20K – $40K |
Franchise fee | $30K | $40K |
Royalty rate | 5.0% | 5.5% |
Ad fund rate | 1.0% | 1.0% |
| Performance | ||
Avg gross sales | $473K | $623K |
Median gross sales | $333K | $570K |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | FBottom Quintile | CAverage |
Risk score | 90 / 100 | 68 / 100 |
SBA charge-off rate | 52.6% | 9.2% |
SBA loans on record | 26 | 65 |
| Scale | ||
Total units | 47 | 85 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 25.5% | 31.8% |
| Contract | ||
Initial term (years) | 8 | 10 |
Renewal term (years) | 5 | 5 |
Initial training (hrs) | 84 | 186 |
| Contacts | ||
Franchisee phones | 60 | 6 |
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