Franchise FAQ

how much does a chopt franchise cost

by Edmund Collins Published 2 years ago Updated 1 year ago
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Facts & Figures
Liquid capital required$150,000
Investment$327,000 - $699,000
Franchise fee$30,000
Royalty5.0%
Offers FinancingYes
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Full Answer

What happens when you sign a Chopped franchise agreement?

How long does it take to build a freshly chopped store?

Why Freshly Chopped?

What is a community manager at Chopped?

What do franchisees look for in a franchisee?

How often is the symlink paid?

Can you use contractors to build freshly chopped?

See 2 more

About this website

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Can you buy a chopt franchise?

All are company-owned; none is franchised.

Is chopt profitable?

Each Chop't restaurant averages $2 million to $3 million in revenue, and all are profitable, with margins in the 15 to 20 percent range. So the company earns about $40 million a year, with profit north of $5 million. New stores are paid for out of operating profit.

Who is chopt owned by?

Founded in 2001 by Tony Shure and Colin McCabe, Chopt is a leader in the rapidly expanding fast casual salad category, with 32 restaurants in New York, Washington, D.C., and North Carolina.

How many chopt locations are there 2022?

Founded in in 2001 by best friends Tony Shure and McCabe, has over 70 restaurants in New York, Washington, D.C., Virginia, Maryland, New Jersey, Tennessee, Connecticut, Georgia, Alabama and North Carolina.

Who is the CEO of chopt?

Nick Marsh (2011–)Chop't / CEO

Are salad restaurants profitable?

In contrast, salad bars can turn a 50-70% profit margin before labor and overhead costs. ProfitableVenture.com even suggests that a well-stocked salad bar—complete with vegetables, cold pasta, soups, breads, and more—can generate $25K to $30K per month.

Is chopt a chain?

Chopt Creative Salad Company is an American chain of fast casual restaurants with locations in New York City, Washington, D.C., Maryland, Connecticut, New Jersey, Virginia, North Carolina, Georgia, and Tennessee.

How long has chopt been around?

Founded in 2001 by college friends Tony Shure and Colin McCabe, Chopt Creative Salad Company is the creator and leader of the premium salad segment, and has expanded from its original location in New York City's Union Square to include 73 locations in New York City, Washington, D.C., Virginia, Connecticut, suburban ...

Is chopt organic?

Freshness of the Ingredients: Tie Chop't's website says it uses “naturally raised meats, organic vegetables, and heirloom lettuces.” Sweetgreen has a pretty video where you can meet their farmer.

How long does chopt salad last?

about 7 daysHi Brian! The shelf life is about 7 days - when you purchase the dressings, they will have a little expiration sticker on them with more details! Hope this helps.

What is the chopt blend?

Chopt Blend (Baby Kale, Lacinato Kale, Spinach, Wild Arugula, Napa Cabbage)

What are the warm grains at chopt?

Available with warm Cauliflower Rice and warm protein options, Chopt Warm Bowls meet all kinds of tastes, cravings and lifestyles. Cauliflower Rice is recently available as a lighter-base option for Chopt Warm Bowls, alongside the existing Brown Rice, Beluga Lentil and Tricolor Quinoa blend also on Chopt's menu.

How much does it cost to open a chop stop?

The total investment necessary to begin operation of a Chop Stop salad restaurant is estimated to be from $315K to $599K. That includes everything from the franchise fee to hiring a staff to extra working capital during your first months of operation. For further details, visit our Costs page.

How long is the salad franchise training?

We hold your hand through every step of the process, from real estate negotiation to your grand opening and beyond. Our salad franchise training course is six weeks long for four people. For more details, see our Franchise Process and Training pages.

What is a chop stop salad?

When you chop a salad so fine you can eat it with a spoon, you get a flavor explosion in every bite — and a legion of customers addicted to your food! A Chop Stop salad franchise can be your ticket to both business ownership and a healthier lifestyle. Capitalize on the growing consumer desire for convenient, health-oriented restaurant options.

Can you get a discount on franchise fees for veterans?

Yes! Honorably discharged, full-time veterans can receive up to a $10,000 discount off the initial franchise fee.

What happens when you sign a Chopped franchise agreement?

Once the site is secured, both parties sign the franchise agreement, making you an official Chopped Franchisee. The balance of the initial franchise fee is paid on signing the franchise agreement.

How long does it take to build a freshly chopped store?

Once the location is agreed & the franchise agreement is signed it takes 10-12 weeks to build a Freshly Chopped store & implement our NSO (New Store Opening plan).

Why Freshly Chopped?

Join the healthy food revolution and the booming fit lifestyle market, with our, family-friendly, fast-casual quick-service brand.

What is a community manager at Chopped?

Our Franchise Community Manager will assist your new Chopped project from the initial orientation to serving your first customer! We help you recruit staff and train them. We'll be by your side during the opening process and support you on an ongoing basis with training, product development, purchasing, operations, financial management and Local Store Marketing.

What do franchisees look for in a franchisee?

What we look for in franchisees is strong leadership, a positive attitude and a strong work ethic. We recommend that at least one owner – or a designated manager – be involved on a full-time basis, managing day-to-day operations. Previous experience in the hospitality sector is also considered a great advantage.

How often is the symlink paid?

It is paid on a weekly basis.

Can you use contractors to build freshly chopped?

You are free to engage your own contractors to build your Freshly Chopped to our approved designs and specifications. However, Freshly Chopped has a list of approved contractors you are more than welcome to consider.

What happens when you sign a Chopped franchise agreement?

Once the site is secured, both parties sign the franchise agreement, making you an official Chopped Franchisee. The balance of the initial franchise fee is paid on signing the franchise agreement.

How long does it take to build a freshly chopped store?

Once the location is agreed & the franchise agreement is signed it takes 10-12 weeks to build a Freshly Chopped store & implement our NSO (New Store Opening plan).

Why Freshly Chopped?

Join the healthy food revolution and the booming fit lifestyle market, with our, family-friendly, fast-casual quick-service brand.

What is a community manager at Chopped?

Our Franchise Community Manager will assist your new Chopped project from the initial orientation to serving your first customer! We help you recruit staff and train them. We'll be by your side during the opening process and support you on an ongoing basis with training, product development, purchasing, operations, financial management and Local Store Marketing.

What do franchisees look for in a franchisee?

What we look for in franchisees is strong leadership, a positive attitude and a strong work ethic. We recommend that at least one owner – or a designated manager – be involved on a full-time basis, managing day-to-day operations. Previous experience in the hospitality sector is also considered a great advantage.

How often is the symlink paid?

It is paid on a weekly basis.

Can you use contractors to build freshly chopped?

You are free to engage your own contractors to build your Freshly Chopped to our approved designs and specifications. However, Freshly Chopped has a list of approved contractors you are more than welcome to consider.

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