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Updated RecentlyNew Feet Store vs FLIPS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of New Feet Store vs FLIPS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $154,350 - $218,300 | $155,050 - $191,550 |
| Franchise Fee | $10,875 - $29,000 | $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 2% local 0.5% Nat'l |
| Year Founded | 1997 | - |
| Year Franchised | 0 | - |
| Term Of Agreement | - | 10 years +5+5 |
| Term Of Agreement | - | 10 years +5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | As a retail business owner, you should possess natural business and management skills and a commitment to customer service. We also value your willingness to learn and work hard, and your passion for helping people in need. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | New Feet Store training will give you the necessary skills to correctly attend to each customer's needs, and to successfully open and operate your business. | - |
| Support | As a New Feet Store franchisee, you and your staff will receive extensive training (for up to two people). You will receive field support for set up and 'Grand Opening' support, along with ongoing counseling, seminars and field support. Following are additional areas in which we focus to help ensure you get off to a running start: * Complete corporate and onsite training programs to help you operate your store and accurately assess client needs * Guidance on site selection, store design, and inventory selection * Marketing programs and materials to promote your store location effectively * Continuous research on trends and product development in the arch support and comfort shoes industry | FLIPS is committed to providing fabulous start-up and ongoing franchise support to every franchise owner. The FLIPS concept is designed to be easy to learn and operate. The systems are in place to help anyone step in and run a flip flop franchise efficiently and effectively. This franchise support for owners includes: Guidance on site selection, the build-out, design, and launch of your flip flop franchise A comprehensive training program held at our corporate support center Specialized inventory and merchandising support A copy of our confidential operations manual Professional marketing and advertising guidance Technology tools including website, social media accounts, security cameras in stores Best of all, there's a lot of expertise to share from the founding team. Together, we bring more than 90 years of management experience with leading national retailers, specializing in fashion merchandising, store operations, sales and marketing, and executing business start-ups. We are thrilled and ready to provide the training and franchise support our owners need. |
| Marketing | - | - |
| Operations | You should be directly involved in the day-to-day business to help cultivate business growth. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About New Feet Store
You’ve dreamed about running your own business, but the details can be
overwhelming. A New Feet Store franchise offers you the training, brand,
and support you’ll need to own and operate your retail business.
As a New Feet franchisee, you will offer customers a conveniently
located retail store that provides the best personally fitted arch
supports, comfort shoes, specialty footwear. Imagine how good it will
feel to own a business that truly helps people live a better, more
pain-free life. We are seeking people with the desire to succeed and the
passion for helping people. If this describes you, then you’ve come to
the right place.
Our program provides:
- An established and solid retail business model
- Comprehensive marketing materials and tools to facilitate business growth
- Support and training from an experienced team
- Access to our unique selection of arch supports, comfort shoes and related products
- Satisfaction of helping improve the lives of others