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Below is an in-depth analysis and side-by-side comparison of Flip Flop Shops vs Shoebox New York including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $185,000 - $275,000 | $500,000 - $1,225,000 |
Franchise Fee | $30,000 | $39,900 |
Royalty Fee | 5% | 5% |
Advertising Fee | 0.5% | 2% |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | NexCen U provides state-of-the-art training for franchisees. Courses are drawn from the expertise of our best-in-class management team and proven knowledge of franchise systems. With a mix of traditional classroom, workshop and seminar presentations, NexCen U uses highly interactive and advanced instructional techniques including video and online demonstrations. |
Support | We want you to Flip, not Flop! We are with you every step (no pun intended) of the way.We provide a franchise support system designed to support all of your business needs. Flip Flop Shops is committed to providing a superior level of service to our franchisees. With over 50 years of franchise experience, we have taken the best practices and applied them to Flip Flop Shops. More importantly, we have eliminated common mistakes made by most franchise systems. Flip Flop Shops provides a wide variety of comprehensive resources to help you achieve your professional goals. This includes, but is not limited to: * Branded Business Plan Template * Site Selection & Real Estate Expertise * In-house Design & Construction Consultation * Flip Flop University * Comprehensive Operations Manual * New Store Opening Plan * Local Store Marketing Toolkit * PR & National Brand Building Efforts * Sell-Through Analysis * Seasonal Pre-Book Support * Inventory Turn Analysis * Open-to-Buy Plan * Vendor Relations & Buying Program * Field Support * Genuine Passion to See You Succeed | * Turn-key store design. * Marketing support tied to a calendar of events and ongoing key brand building initiatives. * In-depth training in the areas of Operations including P&L Management, cost of goods and labor controls. * Periodic visits from field representatives to consult on operations and marketing to help increase profitable revenues. * Ongoing tips for team training to ensure customer satisfaction and long term customer loyalty, including suggestive selling techniques for new products. * The opportunity to network with experienced peers who enjoy sharing knowledge to benefit fellow owners and the organization. * Unparalleled franchisee training and support through the state-of-the-art NexCen University. * Ongoing access to our expertise and materials in the areas of: Business Development and Administration, Site Selection and Store Leasing, Construction, Purchasing, Training, Store Operations, Promotions, Marketing, Research and Development. * Vendor Relations Management: Our long standing relationships with many footwear vendors will offer you countless brands from top European and American designers, including the BCBGMaxAzria, Vince Camuto, Arturo Chiang, Bill Blass as well as private label products and many others which are offered to our franchisees by our partner, The Camuto Group. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Free Your Toes! Live, work and play with your toes exposed and the freedom of flip flops on your feet.Flip Flop Shops is the authentic retailer of the hottest brands and latest styles of flip flops and sandals. It's more than just a shop...it's a lifestyle. We love the water and everything about it. Whether it's surfing at Rincon with friends, or standing at the water's edge in Tofino while the waves pull the sand out from under your feet and back to the sea...we love it. We ride powder in Canada, bike the backcountry of New Zealand and raft down the Colorado. We love adventure and traveling. We keep up on the latest fashion trends and make up our own. We sometimes go to bed with salty skin and the smell of the ocean after a day of surfing. We take care of our environment and help out our favorite charities. We love music and singing along with our favorite songs. Our flip flops are an extension of who we are and what we stand for. We live, work and play with our toes exposed while wearing the freedom of flip flops on our feet.
The partnership of NexCen Brands and the Camuto Group provides an unprecedented opportunity for franchisees. It brings together a global brand management company that owns and operates the world's largest retail footwear franchise system with a leading footwear sourcing and design company that has experience in creating world-renowned brands. Leveraging NexCen's global network, operating support systems and expertise will enable Shoebox to be the world's leading luxury multi-brand footwear retailer. As the first multi-brand luxury footwear franchise, Shoebox is uniquely positioned for expansion. Immediate plans include expanding to major US cities: * New York * Miami * Los Angeles * Chicago * Dallas In addition, we will expand into target international markets such as: * Asia * Europe * Canada * Australia * UAE Shoebox anticipates having in excess of 500 stores worldwide. With a 50 year heritage of retailing women's luxury footwear and accessories, Shoebox is now uniquely positioned for expansion. In 2007, NexCen Brands Inc. partnered with Camuto Group. This relationship blends NexCen's industry-leading brand management and franchise expertise with Camuto Group's vast footwear knowledge and capabilities, offering franchisees an unprecedented opportunity.