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    Flip Flop Shops John Richey

    Franchise research report · reviewed 2025 disclosure data

    Researching Flip Flop Shops John Richey franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    John Richey franchise specializes in premium flip-flops and beach footwear through retail locations that cater to coastal and vacation markets.

    Headline figures

    Quick facts

    How much does it cost to open a Flip Flop Shops John Richey franchise?
    The Flip Flop Shops John Richey Franchise Disclosure Document reports an estimated initial investment of $182,900 (2025 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Flip Flop Shops John Richey initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $30,000 (2025 FDD, Item 5, PDF p. 13). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Flip Flop Shops John Richey charge?
    The disclosed ongoing royalty is $5 note 1) — 5% (2025 FDD, Item 6, PDF p. 13). Other recurring fees are listed in Item 6. Details
    Does Flip Flop Shops John Richey disclose financial performance (Item 19)?
    Yes. The Flip Flop Shops John Richey FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 41). Figures apply only to the locations and period each one covers. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $182,900 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 12 separate groups: revenue and other measures for 36 Franchised locations; revenue for 5 Franchised locations; revenue for 4 Franchised locations; revenue for 6 Franchised locations; revenue for 2 Franchised locations; revenue for 9 Franchised locations; revenue for 4 Franchised locations; revenue for 2 Franchised locations; revenue for 1 Franchised locations; revenue for 1 Franchised locations; revenue for 3 Franchised locations; revenue for 1 Franchised locations. They are not combined.

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2025 FDD · Item 7 · PDF p. 17

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 13
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty FeeMain ongoing fee

    17 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    12 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 36 locations

    Who is counted
    Common retail spaces: malls and strip malls
    Period
    42%
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 5 locations

    Who is counted
    Super-regional malls
    Period
    $55,885
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 4 locations

    Who is counted
    Mixed-use
    Period
    $11,326
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    Neighborhood/community
    Period
    $195,449
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 2 locations

    Who is counted
    Regional malls
    Period
    $924,247
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 9 locations

    Who is counted
    Lifestyle centers
    Period
    $32,536
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 4 locations

    Who is counted
    Outlet centers
    Period
    $30,822
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 2 locations

    Who is counted
    Historic districts
    Period
    $35,613
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Free-standing
    Period
    $21,958
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Strip center
    Period
    $31,351
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 3 locations

    Who is counted
    Specialty retail
    Period
    $22,570
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Hotel/casino
    Period
    $71,136.16
    Excluded
    Outside United States and territories; costs of sales, operating expenses, royalties, advertising, debt service, equipment leases and income taxes excluded.
    Method
    Reported gross sales only, not profit; full-year shops. Source states 37 full-year shops on PDF41, later 46 on PDF43; preserved without reconciliation.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2025 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($182,900) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 17
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 13
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Common retail spaces: malls and strip malls · PDF p. 41
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Super-regional malls · PDF p. 42
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Mixed-use · PDF p. 42
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Neighborhood/community · PDF p. 42
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Regional malls · PDF p. 41
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Lifestyle centers · PDF p. 42
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Outlet centers · PDF p. 42
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Historic districts · PDF p. 42
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Free-standing · PDF p. 42
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Strip center · PDF p. 42
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Specialty retail · PDF p. 42
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Hotel/casino · PDF p. 43

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    48 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.

    AerusFast-Fix Jewelry and Watch RepairsAbbey Carpet and Floor ShowroomsASAuto Select IncCornwellDSDealer Specialties

    Head-to-head comparisons

    Flip Flop Shops John Richey vs AerusFlip Flop Shops John Richey vs Fast-Fix Jewelry and Watch RepairsFlip Flop Shops John Richey vs Abbey Carpet and Floor Showrooms
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.