How much cash do I need to have in the bank?
You will need a minimum $100K in cash to procure an SBA loan. Property and other collateral assets do not count as cash. We will introduce you to our preferred SBA lenders who are familiar with Chop Stop and can expedite the process.
How much will it cost to open?
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.
Do I need restaurant experience?
Not at all. If you watch the video on this page, you’ll see that our first franchisee was a stay-at-home mom for 18 years before opening her first location. And now, three years later, she has three stores open!
Where can I open a Chop Stop?
Having the proper regional infrastructure to support franchisees is crucial. That is why our current efforts are limited to seven states in the west: California, Nevada, Arizona, Oregon, Washington, Colorado and Utah. (However, if you are a multi-unit operator in another state looking to open 10+ locations within a four-year period we are open to talk.) The Locations page on our consumer site shows where we currently have restaurants open. Once we reach the 100-restaurant milestone (see Milestones below), we will expand into other states.
What kind of training and support will I receive?
We pride ourselves on our extraordinary franchisee support. 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 does the food look like?
Great question! Check out our delicious online Menu. But beware… you may be overcome by a craving for a chopped salad that cannot easily be satisfied if you don’t have a Chop Stop near you!
What are your fees?
The initial franchise fee is $30K.
The royalty fee is 5% of your weekly net sales as defined in our franchise agreement, and the advertising fee is up to 2.5% of your weekly net sales.
Are you a member of VetFran?
Yes! Honorably discharged, full-time veterans can receive up to a $10,000 discount off the initial franchise fee.