Where can I find a list of all current Chop5 Salad Kitchen franchisees?
Chop5_Salad_Kitchen Franchise · 2024 FDDAnswer from 2024 FDD Document
| TABLE 2 - TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) | ||||
|---|---|---|---|---|
| FOR YEARS 2021 TO 2023 | ||||
| State | Year | Number of Transfers | ||
| Total | TABLE 3 - STATUS OF FRANCHISED OUTLETS FOR YEARS 2021 TO 2023 | 2021 2022 2023 | 0 0 0 | |
| State | Year | Outlets at Start of Year | Outlets Opened | |
| Totals | 2021 | 0 | 0 | |
| 2022 | 0 | 0 | ||
| 2023 TABLE 4 - STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2021 TO 2023 | 0 | 0 | ||
| State | Year | Outlets at Start of Year | Outlets Opened | |
| Colorado | 2021 | 1 | 0 | |
| 2022 | 1 | 0 | ||
| 2023 | 0 | 0 | ||
| Florida | 2021 | 0 | 1 | |
| 2022 | 1 | 0 | ||
| 2023 | 1 | 0 | ||
| Ohio | 2021 | 1 | 0 | |
| 2022 | 1 | 0 | ||
| 2023 | 1 | 1 | ||
| Totals | 2021 | 2 | 1 | |
| 2022 | 3 | 0 | ||
| 2023 TABLE 5 - PROJECTED OPENINGS AS OF DECEMBER 31, 2023 | 2 | 1 | ||
| State | Franchise Agreements Signed But Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year | ||
| Total | 0 | 0 | A list of all current franchisees is attached to this Disclosure Document as EXHIBIT "F" (Part A), including their names and the addresses and telephone numbers of their outlets as of December 31, 2023. In addition, EXHIBIT "F" (Part B) lists the name, city and state, and the current business telephone number (or, if unknown, the last known home telephone number) of every franchisee who had an outlet terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during |
our most recently completed fiscal year or who has not communicated with us within 10 weeks of the issuance date of this Disclosure Document.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–50)
What This Means (2024 FDD)
According to Chop5 Salad Kitchen's 2024 Franchise Disclosure Document, a list of all current franchisees, including their names, addresses, and telephone numbers of their outlets as of December 31, 2023, is attached as EXHIBIT "F" (Part A). EXHIBIT "F" (Part B) also lists the name, city, state, and current business telephone number (or last known home telephone number) of franchisees who have terminated, canceled, not renewed, or otherwise ceased business under the franchise agreement during the most recently completed fiscal year or who have not communicated with Chop5 Salad Kitchen within 10 weeks of the issuance date of the 2024 Disclosure Document.
This information is valuable for prospective franchisees as it allows them to contact current and former franchisees to gain insights into the Chop5 Salad Kitchen franchise system. Speaking with current franchisees can provide a realistic view of the day-to-day operations, challenges, and benefits of owning a franchise. Contacting former franchisees can offer insights into why they left the system, which can be crucial in making an informed decision.
It is important to note that if a franchisee leaves the Chop5 Salad Kitchen system, their contact information may be disclosed to other potential buyers. The FDD also states that during the last 3 fiscal years, no current or former franchisees have signed confidentiality clauses restricting them from discussing their experiences with potential franchisees. This lack of confidentiality agreements can be beneficial for prospective franchisees, as it allows for more open and honest conversations with current and former franchisees about their experiences with Chop5 Salad Kitchen.