FranchiseVerdict
CHOPT CREATIVE SALAD COMPANY® logo
FV-00530·MODERATEExcellent95

Chopt Creative Salad Company®

Food & Beverage - Full ServiceFranchising since 2023Website
Investment
$870K – $1.6M
84th pct Full Service
Avg revenue
$2.0M
42nd pct Full Service
Royalty
5.0%
15th pct Full Service
Units
94
82nd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $870K – $1.6M including a $40K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $2.0M/year (median $1.8M).
  • Rated MODERATE with a risk score of 55/100. SBA loan default rate of 0.0% across 23 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Chopt Creative Salad Company Franchising, LLC
Parent company
Founders Table Franchising, LLC
Incorporated in
Delaware
HQ
800 Westchester Avenue, Suite N-321, Rye Brook, New York 10573
Auditor
BDO USA, P.C.
Audited financials

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one CHOPT CREATIVE SALAD COMPANY® unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,972,000
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $870K–$1.6M
Working capital
$
FDD reports $10K–$30K

Unlevered ROIC · per unit

25%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$316K
EBITDA margin
16.0%
Total invested
$1.2M
Payback
47 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 CHOPT CREATIVE SALAD COMPANY® units return on equity?

Edit assumptions

Equity IRR · 5-yr

31.2%

3.88× MOIC

Year-1 DSCR

2.58×

EBITDA ÷ debt service

Equity required

$7.4M

on $17.7M purchase

Total debt

$10.3M

SBA $5.0M + senior + seller note

SBA 7(a) request ($8.9M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate fast-casual salad restaurants where customers build custom salads and bowls from fresh ingredients. Daily operations include food prep, inventory management, customer service, and staffing 8-12 employees. The model targets health-conscious consumers seeking customizable, premium ingredients.

CEO
Nicholas Marsh
Founded
2022
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$870K – $1.6M
All-in to open one unit
Liquid capital
$10K – $30K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.0M
Per unit, per year
Median gross sales
$1.8M
Item 19 type
Mean Gross Sales
Sample size
87 units
vs category median 15 · large
Range (low → high)
$817K$4.9M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank42th
vs Food & Beverage - Full Service peers
Investment cost rank84th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank82th
vs Food & Beverage - Full Service peers
Risk score rank30th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
94
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
93
Corporate units in the system
% franchised
1%
vs corporate-owned
Multi-unit owners
13.6%
2023
1+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 4 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 4 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
23
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

55
Risk · 0-100
MODERATE55 / 100

Undisclosed profitability metrics, parent company going concern issues, active litigation history, and stagnant unit growth create significant due diligence gaps and financial transparency concerns.

Score breakdown · what drove the 55 / 100 rating

  1. 01HIGHGoing Concern status is FALSE — indicates parent company financial distress or accounting irregularities
  2. 02MEDNet Income not disclosed in Item 19 — prevents accurate ROI analysis and profitability verification
  3. 03HIGHDeceptive marketing litigation (2022-2023) with confidential settlement — reputational risk and undisclosed terms
  4. 04MINORUnit count stagnant at 94 with unknown growth trajectory — suggests market saturation or underperformance
  5. 05MINORHigh investment ceiling ($1.58M) with only $40K franchise fee — indicates capital-intensive operations with unclear returns
  6. 06MED5% royalty on gross sales (not net) — ongoing fees reduce already-undisclosed margins

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Drive-time
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Delaware

Item 11

Training & Operations

Classroom training
30 hrs
On-the-job training
250 hrs
POS system
Toast POS system
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

7 numbers

Locked
(213) 576-••••
Suite
CA
(646) 374-••••
The franchisor is Chopt Creative Salad Company Franchising, LLC, located at
NY
(415) 972-••••
One Sansome Street, Suite
CA

One-time purchase · CSV download · Validation questions included

FDD download

CHOPT CREATIVE SALAD COMPANY® · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above