Flip Flop Shops
Todd Giatrelis opened the first Flip Flop Shops location in Boston in 2004. The concept was borne of an experience during a night out in Las Vegas with a friend and co-worker. The friend had worn uncomfortable shoes and was unable to find a place to buy a pair of flip flops for her aching feet. The Boston location wasn’t a huge success, so Giatrelis opened locations in sunnier climates and the idea began to take off. Three years later, Flip Flop Shops franchises were opening up, and there are now 45 of them in the U.S.
Start-up Cost:$169.3K - 274.5K