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490. Flip Flop Shops

Last Year's Rank: 476

Investment Range: $150K to $250K

Category: Retail

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Company Description

A franchised chain of footwear retailers, Flip Flop Shops was founded in 2004 when the first shop opened in Boston. The brand was created by Sarah Towne and Todd Giatrelis, who also operated the first shop. Flip Flop Shops began selling franchising contracts in 2007. Units sell a wide range of shoe brands. There are now Flip Flop Shops locations throughout the United States.

Company Statistics

Global Sales: $27,028,934

US Units: 58

International Units: 13

Total Units: 71

Percent Franchised: 100%

% International Units: 18%

US Franchised Units: 58

International Franchised Units: 13

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