Chip Cookies franchise
2023 filing · March 28, 2023
Chip Cookies at a glance
A cookie shop baking oversized gourmet cookies in rotating flavors for walk-in, pickup and delivery. At the end of 2022 there were 11 Chip Cookies locations in the US, all company-owned.
The business
- Franchisor
- Chip Partners, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2021
- 2 years of selling franchises
- Franchisor based in
- Salt Lake City, Utah
- Typical size
- 1,000–1,800 sq ft
What you pay
- Cost to open
- $282K–$699K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly
- Brand fund
- 2%
- 2% of gross sales, paid weekly
- Agreement length
- 5 years
- Territory
- Protected
- Protected territory
Where it is
- US locations, 2022
- 11
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 11
- Change in 2 years
- 0
- Franchised locations, 2020–2022
- States
- 2
- Most in Utah and Idaho
From Chip Partners, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Chip Cookies among all franchises with the same figure.
| Figure | Chip Cookies | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $490,475 | Costs more than 63% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 11 | Fewer than 60% of franchises |
How much a Chip Cookies franchise costs
Opening one Chip Cookies costs an estimated $281,950 to $699,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Chip Partners, LLC, 2023 filing, page 19
Chip Cookies franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Chip Partners, LLC, 2023 filing, page 13
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid weekly. |
| Technology Fee | Currently $350 |
| Transfer Fee (Franchise Agreement) | 30% of our then-current initial franchise fee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Chip Partners, LLC, 2023 filing, page 13
Other fees as filed, from pages 13–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Chip Cookies does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Chip Partners, LLC, 2023 filing, page 45
- Estimate Estimated yearly sales per location
- $580K–$1.1M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Chip Cookies franchisees
Lenders approved 10 SBA 7(a) loans for Chip Cookies franchisees from 2022 to 2024, $4.03M in all. Of the 7 that have ended, 6 were paid in full and 1 was charged off. The other 3 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Chip Cookies compares
Of the 112 bakery franchises on this site, Chip Cookies is the 44th cheapest to open and the 64th largest by number of locations.
| Figure | Chip Cookies | Typical bakery brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $282K | $341K | $222K |
| Cost to open, high end | $699K | $720K | $477K |
| Franchise fee | $40K | $40K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 11 | 16 | 21 |
| Shares earnings figures | No | 74 of 112 | 2,147 of 3,352 |
Typical is the median across the 112 brands in bakery franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 7 | 0 | 0 |
| 2021 | 0 (0) | 7 | 0 | 0 |
| 2022 | 0 (0) | 11 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Chip Partners, LLC, 2023 filing, page 46
Where Chip Cookies locations are
At the end of 2022, Chip Cookies had locations in 2 states. The most are in Utah and Idaho.
- Utah9
- Idaho2
Source: Chip Partners, LLC, 2023 filing, page 46
Who owns Chip Cookies?
Chip Cookies franchises are sold by Chip Partners, LLC. It is a subsidiary of Chip Cookies, LLC.
From Chip Partners, LLC’s 2023 filing, page 10.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Chip Partners, LLC, 2023 filing, litigation on page 12, bankruptcy on page 12
Chip Cookies filings
The figures on this page come from Chip Partners, LLC’s 2023 filing, issued March 28, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | March 28, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bakery franchises
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