Flip Flop Shops Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Are you interested in owning a specialty retail store? If you’re interested in franchising flip flop brands, opening a Flip Flop Shops franchise is worth considering. According to Statista, the global flip flop market will rise to 23.8 billion by 2025. The flip flop market is growing strong as there’s an increase in demand for comfortable and fashionable brands. Here’s the overview of owning a Flip Flop Shops franchise.
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Table of Contents
Flip Flop Shops Franchise Wiki
Flip Flop Shops was founded in 2004. It’s known as the curator of all premiere flip flop brands. The retail store started franchising in 2007 and has successfully opened over 55 units. It carries famous flip flop brands such as:
- OluKai
- Reef
- Crocs
- Birkenstock
- Oofos
- Sanuk
- Flojos
- Bearpaw
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Flip Flop Shops Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Flip Flop Shops Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Flip Flop Shops Franchise Cost
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| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Rent for First 3 Months | $15,000 | $36,000 |
| Security Deposit | $2,200 | $12,000 |
| Leasehold Improvements | $15,000 | $40,000 |
| Signage | $5,000 | $10,000 |
| Furniture, Fixtures and Equipment | $15,000 | $25,000 |
| Initial Training Expenses (plus employee wages, if any) | $1,000 | $2,000 |
| Point of Sale and Computer Hardware and Software | $6,000 | $8,000 |
| Initial Inventory/Supplies | $45,000 | $75,000 |
| Professional Services | $2,500 | $5,000 |
| Promotional Expenses | $1,000 | $2,500 |
| Insurance | $800 | $1,500 |
| ESTIMATED TOTAL* | $143,500 | $252,000 |
Flip Flop Shops Franchise Training Program
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Before the store’s opening, the franchisee’s Operating Principal and Lead manager must finish the training as required by the franchisor. The initial training is conducted in the Flip Flop Shops’ headquarters located in Citrus Heights, California. Typically, the general training lasts up to five days. Also, the franchisor has the sole discretion to require additional seminars and training programs.
Flip Flop Shops Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Flip Flop Shops Franchise Profit
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Flip Flop Shops Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Flip Flop Shops Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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