What is the ongoing monthly subscription fee payable to Toast for a Chop5 Salad Kitchen franchise?
Chop5_Salad_Kitchen Franchise · 2024 FDDAnswer from 2024 FDD Document
anty on all hardware other than Toast Go 2 Pay terminals, which have a 1-year warranty. You must pay Toast an ongoing fee of $390 per month ($4,680 per year) for the required subscriptions. The require
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–36)
What This Means (2024 FDD)
According to Chop5 Salad Kitchen's 2024 Franchise Disclosure Document, franchisees must pay Toast an ongoing fee of $390 per month, which totals $4,680 annually, for required subscriptions. This fee covers the necessary subscriptions for the Toast POS system.
In addition to the mandatory monthly fee, franchisees have the option to purchase additional features for their POS system from Toast, which would incur extra costs. Toast also serves as the credit card processing company for Chop5 Salad Kitchen franchises, charging its then-current credit card processing rates, which are subject to change.
If a franchisee opts out of purchasing the marketing subscription from Toast, they are obligated to acquire text marketing capabilities from an alternative source. The FDD mentions that Chop5 Salad Kitchen's three company-owned restaurants use Simple Texting, incurring approximately $899 per month in aggregate, plus $0.02 per message, though pricing may vary based on the selected plan and the volume of text messages purchased.