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CHOP5 Salad Kitchen franchise

2024 filing · March 21, 2024Shares sales figures

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CHOP5 Salad Kitchen at a glance

A fast-casual restaurant serving made-to-order chopped salads, bowls and soups. At the end of 2023 there were 3 CHOP5 Salad Kitchen locations in the US, all company-owned.

The business

Industry
Restaurant
Also listed in food
Franchisor
CHOP5 Franchise LLC
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day
Franchising since
2019
5 years of selling franchises
First location
2016
Franchisor based in
Louisville, Kentucky
Typical size
1,700–2,500 sq ft

What you pay

Cost to open
$536K–$996K
Fee, build-out and opening working capital
Franchise fee
$40,000
Plus a $5,000 initial training fee.
Royalty
6%
6% of gross sales, paid weekly
Brand fund
Yes
0.5% of gross sales in the first year, paid with the royalty
Renewal fee
$2,000
When the agreement ends and you sign again
Territory
Limited
Limited protection
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
3
Franchised and company-owned
Franchised
0
Company-owned
3
Change in 3 years
0
Franchised locations, 2021–2023
States
2
Most in Ohio and Florida

Support and records

Shares sales figures
Yes
For some or all locations
Initial training
27.5 hours
9.5 hours in class and 18 on the job
Lawsuits disclosed
None
Bankruptcy disclosed
None
Latest filing
Mar 21, 2024
2024 filing

From CHOP5 Franchise LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

CHOP5 Salad Kitchen among all franchises with the same figure.

FigureCHOP5 Salad KitchenAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$765,750Costs more than 78% of franchises
Franchise feePaid once, when you sign$40,000Lower than 46% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned3Fewer than 78% of franchises

How much a CHOP5 Salad Kitchen franchise costs

Opening one CHOP5 Salad Kitchen costs an estimated $535,700 to $995,800. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are construction ($90,000 to $325,000) and kitchen equipment and smallwares package ($122,400 to $177,300). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$40,000
Initial Training Fee$5,000
Food, Lodging & Travel (2 to 4 people while training)$1,000$6,000
Real Estate Management Fee$5,000
Project Management Fee$15,000
Site Survey$2,000$3,000
Lease Deposit & 3 Months’ Rent$8,000$35,000
Architect$6,500$15,000
Construction$90,000$325,000
Exterior Signage$10,500$40,000
Graphics Package$5,000$8,000
Furniture & Fixtures$155,000$165,000
Technology Systems$11,800$17,800
Kitchen Equipment and Smallwares Package$122,400$177,300
Office Supplies$500$1,000
Initial Supply of Inventory$7,000$15,000
Grand Opening Marketing$15,000$25,000
Utility Deposits$500$1,200
Business Licenses & Permits$500$5,000
Professional Fees$2,000$5,000
Insurance (3 months’ premium)$500$3,000
Pre-opening Wages$2,500$3,500
Additional Funds (3 months)$30,000$80,000
Total$535,700$995,800

Source: CHOP5 Franchise LLC, 2024 filing, page 17

CHOP5 Salad Kitchen franchise fee

The franchise fee is $40,000, Plus a $5,000 initial training fee.. You pay it when you sign the franchise agreement.

Source: CHOP5 Franchise LLC, 2024 filing, page 12

Royalty and ongoing fees

Royalty6% of gross sales, paid weekly.
Brand or marketing fund0.5% of gross sales in the first year, paid with the royalty.
Technology Systems$11,800 to $17,800
Renewal Fee$2,000
Local Advertising Commitment[1st Year] 8.0% of Gross Sales

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: CHOP5 Franchise LLC, 2024 filing, pages 12 and 13

Other fees as filed, from pages 13–17. The filing lists every fee, including late fees and audit costs.

Sales and earnings

Shares figures CHOP5 Salad Kitchen publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Source: CHOP5 Franchise LLC, 2024 filing, page 45

Estimate Estimated yearly sales per location
$1M–$1.8M

Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.

How CHOP5 Salad Kitchen compares

Of the 813 restaurant franchises on this site, CHOP5 Salad Kitchen is the 531st cheapest to open and the 600th largest by number of locations.

FigureCHOP5 Salad KitchenTypical restaurant brandTypical franchise
Cost to open, low end$536K$408K$222K
Cost to open, high end$996K$866K$477K
Franchise fee$40K$35K$40K
Royalty6%5%6%
US locations31421
Shares earnings figuresYes474 of 8132,147 of 3,352

Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.

Locations opened and closed

0 opened
0 closed or left
Franchised locations, last 3 years
2021
0 opened0 closed or left
0 (0)
2022
0 opened0 closed or left
0 (0)
2023
0 opened0 closed or left
0 (0)
YearFranchisedCompany-ownedOpenedClosed
20210 (0)300
20220 (0)200
20230 (0)300

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: CHOP5 Franchise LLC, 2024 filing, page 48

Source filing (2024, PDF)

Where CHOP5 Salad Kitchen locations are

At the end of 2023, CHOP5 Salad Kitchen had locations in 2 states. The most are in Ohio and Florida.

  • Ohio2
  • Florida1
StateFranchisedCompany-ownedTotal
Ohio022
Florida011

Source: CHOP5 Franchise LLC, 2024 filing, page 49

Who owns CHOP5 Salad Kitchen?

CHOP5 Salad Kitchen franchises are sold by CHOP5 Franchise LLC.

From CHOP5 Franchise LLC’s 2024 filing.

CHOP5 Salad Kitchen filings

The figures on this page come from CHOP5 Franchise LLC’s 2024 filing, issued March 21, 2024, on record with the Minnesota Department of Commerce.

CHOP5 Salad Kitchen filings, newest first
FilingIssuedRegistryOn this page
2024 filingMarch 21, 2024MinnesotaCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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