Flips

Flips

Flip-flops
Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$155K - $225K
Units as of 2015
1 0.0% over 3 years

Company Overview

About Flips

Industry
Retail
Related Categories
Apparel & Accessories
Founded
2009
Leadership
Rudy Simondi, Founder and CEO

Franchising Overview

Franchising Since
2014 (7 years)
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
1 (as of 2015)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
1430 Waterford Dr.
Minneapolis, MN 55422

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Flips franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$35,000
Initial Investment
$155,050 - $225,050
Royalty Fee
5%
Ad Royalty Fee
0.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Marketing Support
Regional Advertising

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2-3

Franchise 500 Ranking History

Compare where Flips landed on this year’s Franchise 500 Ranking versus previous years.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Flips.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Burger King opens its first 100% vegetarian restaurant in Madrid

This branch will replicate some of the chain's classic dishes with vegetarian ingredients.

McDonald's in the United States is willing to pay $ 21 an hour for staff shortages

At least that is what an image that has gone viral on social networks shows.

How to replicate the success? In this business model you find an option

In the midst of the crisis, some brands reinvented themselves, innovated their offerings and launched new low-investment business models. There were not a few franchises that decided to take the opportunity to acquire new locations or those that already plan new openings, growth and even international expansion by 2022. Join the sector!

Are you interested in buying a franchise? Know the basics before investing

Get a deep understanding of what this business model is and how it operates with this handy glossary.

The Coworking Industry Is About to Experience a $13 Billion Boom. Here's How to Get In on It.

Breaking down the franchise opportunity at premiere coworking space provider Regus.

McDonald's presents its own NFT collection called 'Big Mac Rubik's Cube'

The fast food company launched its non-fungible tokens in China with the aim of celebrating its 31st anniversary in the Chinese market.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021