Please note that sweetgreen does not franchise, and we currently have no plans to do so. Have a general question? Check out our FAQs. What are you interested in sharing/asking?
What is the Sweetgreen healthy franchise?
The healthy franchise has committed $1 million to FoodCorps ’ work providing youth with access to and education about healthy foods. By making it easy for kids to eat healthy foods and educating them about what’s good for their body, Sweetgreen is investing in the next generation of consumers.
How is Sweetgreen investing in community?
Another way Sweetgreen invests in community is via the Sweetgreen in Schools program. Sweetgreen started in Boston, New York and D.C. with supplemental curriculum and introduced elementary schoolers to things like nutrition, farming and taste. The program has expanded.
Who is the founder of Sweetgreen?
Sweetgreen (legally Sweetgreen, Inc., stylized as sweetgreen, previously swɘetgreen) is an American fast casual restaurant chain that serves salads. It was founded in August 2007 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman, three months after they graduated from the McDonough School of Business at Georgetown University.
How many Sweetgreen restaurants are there?
With 91 restaurants in eight states and a network of 150 farmers across the country, sweetgreen has created a fast-casual, farm-to-table empire…” Co-founder Jonathan Neman tells Recode’s Kara Swish the company is way bigger than a chain of salad restaurants.
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How do I open a Sweetgreen franchise?
However, it is important to note that Sweetgreen is not a franchise. As of November 2021, each Sweetgreen location is company-owned, and Sweetgreen does not plan on franchising in the near future.
Who is Sweetgreen owned by?
Jonathan Neman is Co-Founder & CEO of sweetgreen, the mission driven restaurant brand that serves healthy food at scale. Jonathan and his co-founders started sweetgreen in 2007, opening their first location in Georgetown, DC, just three months out of college.
How profitable is Sweetgreen?
For the full year, Sweetgreen anticipates revenue of $515 million to $535 million and same-store sales growth of 20% to 26%. Wall Street is expecting the chain to see net sales of $513.1 million in 2022, though analyst coverage on the stock is light.
Is Sweetgreen privately owned?
In July 2021, Axios reported that Sweetgreen had filed confidentially for an IPO. It became a public company on 18 November 2021 traded under the New York Stock Exchange symbol SG.
Can I invest in sweetgreen?
To buy shares of Sweetgreen stock, start with electing a brokerage firm where investors can open a trading account (like a brokerage account) or a retirement account (like a Traditional IRA).
How much does it cost to franchise a salad?
The total investment necessary to begin operation of a single Just Salad business is from $279,200 to $749,500 (not including real property), including $35,000 that must be paid to the franchisor or its affiliate.
Is Sweetgreen losing money?
Sweetgreen reported a second-quarter net loss of $40 million, or 36 cents per share, wider than a net loss of $26 million, or $1.55 per share, a year earlier. The company blamed an increase in stock-based compensation for its increasing losses.
Why did Sweetgreen stock drop?
Salad chain Sweetgreen Inc. declined after trimming its revenue forecast for the year, making it the latest consumer company to warn about weakening demand.
Is Sweetgreen growing?
In 2022, Sweetgreen expects to open at least 35 new venues, including landing in two to three new markets alongside infilled growth.
How much debt is Sweetgreen?
Balance SheetCash & Cash Equivalents407.20MTotal Debt0Net Cash407.20MNet Cash Per Share$3.70Book Value612.18M2 more rows•6 days ago
Where does Sweetgreen get their lettuce from?
Its greens come year-round from California's Earthbound Farm. (“We're a salad bar,” says Jammet. “We can't ever, like, not have greens.”) Bell & Evans provides antibiotic-free chicken. Shrimp is wild-caught in Mississippi.
Is Sweetgreen a unicorn?
Sweetgreen's IPO announcement came after years of steady growth and $670 million in venture capital raised, a milestone for the salad chain unicorn.
How much debt is Sweetgreen?
Balance SheetCash & Cash Equivalents407.20MTotal Debt0Net Cash407.20MNet Cash Per Share$3.70Book Value612.18M2 more rows•6 days ago
Will Sweetgreen go public?
Sweetgreen is the first fast-casual salad chain to go public, but it likely won't be the last.
Where does Sweetgreen get their lettuce from?
Its greens come year-round from California's Earthbound Farm. (“We're a salad bar,” says Jammet. “We can't ever, like, not have greens.”) Bell & Evans provides antibiotic-free chicken. Shrimp is wild-caught in Mississippi.
Who are sweet greens competitors?
Sweetgreen competitors include Starbucks, Chipotle, Shake Shack, Tender Greens and Panera Bread. Sweetgreen ranks 1st in CEO Score on Comparably vs its competitors.
How much does a sweetgreen salad cost?
Sweetgreen’s primary offerings are simple: salads, wraps, and salads on warm grains. A basic build-your-own salad or wrap at Sweetgreen is $6.35; an average ticket is between $9 and $11. The house-crafted salads and wraps range in price from $7 to $11.
What is Sweetgreen's mindset?
Jammet says Sweetgreen customers tend to have a common mindset: they are health-minded, well-educated, and very social.
What are the greens in guacamole?
The most popular of these is the Guacamole Greens, which combines mesclun with avocado, grape tomatoes, red onion, crushed tortilla chips, and roasted chicken or shrimp. It is topped with lime cilantro jalapeño vinaigrette and a fresh lime squeeze. There is also a rotating seasonal salad.
When did Sweetgreen throw a block party?
Building on the wild success of the street music, Sweetgreen decided to throw a block party in 2009, which attracted about 300 people. This led to the inaugural Sweetlife Festival in 2010, which featured an array of local bands.
Does Sweetgreen have seasonal salad?
There is also a rotating seasonal salad. In addition, Sweetgreen offers one soup selection each season—butternut squash for winter—and organic frozen yogurt with toppings. The tart yogurt, Jammet says, is a nice finishing touch to a meal, but not a significant part of Sweetgreen’s business.
Who is Sweetgreen partnering with?
To do that, Sweetgreen partnered with Chef José Andrés and the World Central Kitchen. ”Together, we've delivered almost 400,000 meals for free to people on the front line.”. By expanding on existing programs and building new partnerships, Sweetgreen is scaling impact and joining cultural conversations.
What is Sweetgreen investing in?
By making it easy for kids to eat healthy foods and educating them about what’s good for their body, Sweetgreen is investing in the next generation of consumers. “Education isn’t only in the academic sense,” Ru says. “It’s also about how you nudge people along the customer journey and continue that conversation.”.
What is Sweetgreen brand?
Essentially, the brand is bringing people together around music and food. Another way Sweetgreen invests in community is via the Sweetgreen in Schools program. Sweetgreen started in Boston, New York and D.C. with supplemental curriculum and introduced elementary schoolers to things like nutrition, farming and taste.
What is Sweetgreen's internal network?
Sweetgreen’s internal and external network are built on shared values. “The biggest challenge is proving you can scale healthy, fast food and real food,” Ru says. “What keeps us up at night is how to create intimacy at scale. It doesn't just relate to social impact it also relates to the food we serve, our team and customer service.” One of the ways Sweetgreen does that is by offering dishes with regional and seasonal ingredients like the citrus shrimp and avocado bowl only available in Miami or the fall menu.
What is Sweetgreen's social good?
Building A Movement: While Sweetgreen’s social good initiatives and purposeful foundation make it an impact leader, no person or organization can address the world’s problems alone. To truly move the needle, companies must work together to form and advance the movement towards healthy and sustainable lifestyles.
Is Sweetgreen a sustainable company?
As Sweetgreen’s business grows, so does its impact. By making healthy, affordable and environmentally sustainable food easily accessible, Sweetgreen has married its mission with its margins. The purpose-driven brand offers insights for other businesses looking to Lead With We.
Is Sweetgreen a technology company?
While useful, technology must be integrated with a grain of salt. “At Sweetgreen there’s this tension and balance between staying ahead of the curve on technology, but remembering that we are a food company first and a technology company second,” Ru says. By leading with values that run through culture, technology and product, Sweetgreen meets that challenge.
Sweetgreen Support Center
Our main campus in sunny Los Angeles is home to a diverse group of people, from chefs to engineers, designers to data scientists, and everyone in between.
Our restaurants
From scratch cooking to customer service, our field team makes magic happen every day in each of our 100+ stores (across 8 states and counting!)
A FEW SWEET PERKS
Our benefits are designed to be best in class across all our teams, from folks working in the main campus to those in each of our stores. Here are just a few of the benefits we offer.
GROWTH STORIES
A company can’t grow unless its people grow, too. That’s why we empower our team members to do their best work, develop lifelong skills, and have some fun along the way.
FOOD ETHOS
We believe the choices we make about food have a powerful impact on the health of individuals, communities and the environment.
MAKING AN IMPACT
From expanding food access to a more sustainable supply chain, we're committed to positively impacting the future of food.
Always innovating
With 91 restaurants in eight states and a network of 150 farmers across the country, sweetgreen has created a fast-casual, farm-to-table empire…”
How much is Sweetgreen worth?
In 2018 the startup raised a $200 million Series H round led by Fidelity that valued the company at more than $1 billion, and bringing Sweetgreen's total amount of funding to $365 million. In the fall of 2019, Sweetgreen raised an additional $150 million Series I round led by Lone Pine Capital and D1 Capital Partners, bringing the company's total valuation to $1.6 billion.
How much money did Sweetgreen raise?
In November 2018, it was announced that Sweetgreen had raised US$200 million in funding. Sweetgreen was named one of Fast Company's Most Innovative Companies in 2019 and 2020, and won the 2020 Webby Award for Food & Drink in the category Apps, Mobile & Voice.
What is the Sweetgreen kelp bowl?
The bowl featured kale, marinated kelp, seasoned white sweet potato, roasted chicken, tomatoes, cabbage, wild rice, a lime-cashew dressing, and two seasoning blends, including Momofuku's Tingly Seasoned Salt.
What is Sweetgreen salad?
Sweetgreen (legally Sweetgreen, Inc., stylized as sweetgreen, previously swɘetgreen) is an American fast casual restaurant chain that serves salads. It was founded in August 2007 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman, three months after they graduated from Georgetown University 's undergraduate business school.
What is the Blue Hill salad?
The purpose of the collaboration was to teach consumers about the country's food waste problem and encourage people to use plant parts that are often "wasted."
When did Sweetgreen launch their app?
The brand launched their mobile app in 2015, and has continued to update the experience for guests. App features include ordering ahead of time, selecting dietary restrictions, ability to share nutritional info from the Sweetgreen app to Apple's health app, and paying with the app.
Does Sweetgreen have a voting portal?
Sweetgreen made it easier for employees to vote in the 2020 election by providing up to 3 hours of paid time off for all hourly employees to either vote early or vote on election day. The chain also created a registration portal and QR code in partnership with When We All Vote, making it easier for team members to register.
