More Awards for Flip Flop Shops

Posted on September 15, 2011 by Jessica Dees

Flip flops aren't only proper attire for poolside or beach lounging these days; they are an acceptable form of footwear for everyone from surfers to high-level corporate executives.  Need proof?  Check out the latest Inc. magazine rankings for fastest-growing private companies in America and see for yourself. 

Flip Flop Shops stepped right into the publication's honorary 500 | 5000 list—ranking in at No. 425 after an astonishing 3-year 810 percentile growth rate—landing this quick growing concept at No. 12 in the retail category and No. 13 in the category of Atlanta-based private businesses.

During that 3-year span, the company has received a staggering 9,000 franchise applications, generated over $3 million dollars in franchise fees, and signed a 30-shop mega deal for Canada.

Flip Flop Shops mission is to provide means and opportunity to everyone and anyone—in any climate—to "Live…Work…Play With Their Toes Exposed®."  The shops offer the hottest brands in flops and sandals, including REEF, Sanuk, Flojos, havaianas, OluKai, Cobian and O'NEILL, just to name a few.

Who Is Saying What? 

-        "Flip Flop Shops is growing at a record pace with a successful global expansion strategy" — Darin Kraetsch, CEO (Size 10) of Flip Flop Shops

-        "We're super stoked to rank even higher on such a prestigious list," — Brian Curin, President (Size 10) of Flip Flop Shops

-        "In a stagnant economic environment, median growth rate of 2011 Inc. 500 | 5000 companies remains at an impressive 94 percent" —Bob LaPointe, president of Inc.

-        "The companies on this year's list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year." — Bob LaPointe, president of Inc.

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About Flip Flop Shops

Flip Flop Shops, an Environmentally Responsible Retailer™, was founded in 2004 and is North America's first retail chain exclusive to the hottest brands of flip flops and sandals. The executive has more than 50 years of franchise experience leading some of the world's most successful and well-known concepts, including Cold Stone Creamery, Moe's Southwest Grill and Nike.   Currently, there are 45 operating shops and more than 65 in development.  Flip Flop Shops' goal is to open 236 shops by 2013.