SeeBITDAOklahoma

Flip Flop Shops

Retail Trade
  • 1901 NW Expressway St Ste 1104, Oklahoma City, OK
  • Since 2004
Estimated valueLow confidence
$357K
$110Klikely range$558K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.7M
a year
Profit (EBITDA)
$179K
11% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $357K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical retail trade business in Oklahoma$1.7M
Revenue$1.7M
× 11% profit margin$179K
× 2 sale multiple = value$357K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 22 years (since 2004)

From public records and the company's website, not a statement that it's for sale.

What they do

Flip Flop Shops is a franchised retailer of beach and relaxation footwear, offering many footwear brands under one roof for customers who want a beach lifestyle. It was established in 2004 and has over eighty franchises in North America and the Caribbean.

Products & services
sandalsflip flopsclosed-toe footwearaccessoriesapparelleisure footwear
Markets served
beach, surf, and relaxation footwear
Service area
North AmericaCaribbean

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Crocs · brand it sells or installs
  • OOFOs · brand it sells or installs
  • Hey Dude · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Flip Flop Shops
this business
$1.7M$179K—
PENN SQUARE MALL II
Oklahoma City
$4.6M$349K0.0 mi
Vera Bradley
Oklahoma City
$3.4M$323K0.0 mi
SEPHORA
Oklahoma City
$4.6M$349K0.0 mi
Dry Goods
Oklahoma City
$3.4M$323K0.0 mi
Tumi
Oklahoma City
$1.7M$179K0.0 mi
Jerky.com - Penn Square Mall
Oklahoma City
$3.0M$203K0.0 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$357K
Multiple for this size and industry2×
Value range$110K – $558K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (11%). Treat these as a rough guide.

Revenue range$655K – $2.2M
EBITDA range$69K – $232K
Industry (NAICS)Retail Trade (448)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Founded 2004
“Established in 2004, our locally owned shops serve as a gateway to the most popular beach lifestyle brands from the shores of Hawaii to the southern most point of the Florida Keys.”

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Flip Flop Shops

Flip Flop Shops is a retail trade company in Oklahoma City, Oklahoma, in business since 2004. Its estimated annual revenue is about $1.7M, with roughly $179K of EBITDA. Its estimated business value is $357K (likely range $110K–$558K).

Common questions

Who owns Flip Flop Shops?
The owner of Flip Flop Shops isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Flip Flop Shops make?
SeeBITDA estimates Flip Flop Shops's annual revenue at about $1.7M (likely between $655K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Flip Flop Shops worth?
About $357K, roughly 2× its estimated EBITDA of $179K, typical for a retail trade company its size. Likely range: $110K–$558K.
When was Flip Flop Shops founded?
Flip Flop Shops has been in business since 2004.