What is the 'Measuring Period' used for the financial performance representation of Chop5 Salad Kitchen?

According to Chop5 Salad Kitchen's 2024 Franchise Disclosure Document, the 'Measuring Period' for the financial performance representation (FPR) is the period between January 1, 2023, and December 31, 2023. This timeframe is used to evaluate the financial results of the qualifying restaurant, which in this case, is the company-owned restaurant in Polaris, Ohio.

The FPR includes data from only one qualifying restaurant because there were no franchised restaurants in operation during the measuring period. Chop5 Salad Kitchen also excluded data from a company-owned restaurant that opened in 2023 because it was not open and operating throughout the entire measuring period.

Prospective franchisees should understand that the financial performance data presented is based on this specific timeframe and the performance of a single company-owned location. Individual results may vary, and there is no guarantee that a franchisee will achieve the same level of financial success. It is important for potential franchisees to consult with their advisors to develop their own estimates of revenue and expenses for their specific restaurant location.