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chip Franchise

Chip is a cookie franchise concept offering freshly baked, premium cookies delivered warm to customers. Operated under the parent company Chip Cookies, LLC and incorporated in Utah, the brand focuses on delivering an indulgent dessert…

Total Investment
$282K$699K
Franchise Fee
$40,000
Royalty Rate
6% of Gross Sales Gross Sales
Total Units
N/A
Franchising Since
N/A

🌻About chip Franchise

Chip is a cookie franchise concept offering freshly baked, premium cookies delivered warm to customers.

Operated under the parent company Chip Cookies, LLC and incorporated in Utah, the brand focuses on delivering an indulgent dessert experience through both retail locations and delivery services.

The concept taps into the booming gourmet cookie market that has seen significant consumer enthusiasm in recent years.

💰chip Franchise Cost & Fees

Minimum Investment
$282K
Average Investment
$490K
Maximum Investment
$699K
Fee TypeAmountNotes
Initial Franchise Fee$40,000One-time payment upon signing
Royalty Fee6% of Gross Sales of gross salesOngoing; paid monthly
Marketing/Ad Fund2% of Gross SalesNational brand fund
Total Investment Range$281,950$699,000Includes build-out, inventory, working capital

The investment range of $282K–$699K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (2% of Gross Sales) are ongoing costs paid as a percentage of gross sales.

📋Investment Breakdown (Item 7)

ItemLowHigh
Initial Franchise Fee$40,000$40,000
Lease for Premises 3 months (Note 1)$12,000$36,000
Improvements for Store Build Out (Note 2)$100,000$350,000
Equipment, Fixtures and Signage (Note 3)$100,000$180,000
Initial Training Costs (Note 4)$2,500$3,000
Point of Sale System, Computer Hardware and Software (Note 5)$3,500$10,000
Opening Inventory and Supplies (Note 6)$5,000$20,000
Licenses, Permits, Deposits and Prepaid Expenses (Note 7)$1,000$10,000

💵Additional Fees (Item 6)

Fee TypeAmount
Transfer Fee6% of Gross Sales
Renewal Fee25% of the then-current Initial Franchise Fee
Technology Fee$350
Audit FeeYou must pay the costs of the audit or inspection if the audit shows that the ro
Non-Compliance Fee$250
Late Payment Fee$25
Interest on Late Payments18% (or the maximum rate permitted by state law)
Interest1.5 % per month or the greatest amount allowed under applicable law, whichever i
Initial Training$100
Additional Training$250
Interim Management Fee3% of the Gross Sales plus our costs of travel, meals and lodging actual reasona
Insurance PremiumsReimbursement of our costs plus 10% administrative fee
Lease for Premises 3 months (Note 1)$12,000
Improvements for Store Build Out (Note 2)$100,000
Equipment, Fixtures and Signage (Note 3)$100,000
Initial Training Costs (Note 4)$2,500
Opening Inventory and Supplies (Note 6)$5,000
Licenses, Permits, Deposits and Prepaid Expenses (Note 7)$1,000
Grand Opening Promotional Expenses (Note 8)$5,000

📍Territory Rights (Item 12)

DetailInformation
Territory Typeexclusive

📄Renewal, Termination & Transfer (Item 17)

DetailInformation
Renewal TermYou have the right to renew for one additional 5- year term if you are not in default and meet our renewal conditions.

🏦Financing (Item 10)

DetailInformation
Financing AvailableNo
DescriptionDoes not offer financing.

📊chip Franchise Earnings — Item 19

!
chip does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.

chip does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.

chip Litigation & Risk Flags

Clean Litigation Recordchip has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.

Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.

📈chip System Growth

Total Units
0
Franchised
0
Company-Owned
0

chip currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.

chip Franchise — FAQ

The total investment to open a chip franchise ranges from $281,950 to $699,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
chip charges a royalty fee of 6% of Gross Sales of gross sales, plus a 2% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the chip Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from chip to ensure you have the most up-to-date version.
chip does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
chip has been offering franchise opportunities. The FDD shows an investment range of $281,950-$699,000, a 6% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $281,950 to $699,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.

Interested in chip?

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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from chip and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with chip or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com
chip
Total Investment
$282K$699K
💰 Costs & Fees
Franchise Fee$40,000
Royalty6% of Gross Sales
Marketing Fee2% of Gross Sales
FinancingNot Available
🏢 System Overview
Total UnitsN/A
Earnings Claim (Item 19)Yes
📄 Contract Terms
Renewal TermYou have the right to renew for one additional 5- year term if you are not in default and meet our renewal conditions.
Territoryexclusive
⚖️ Legal & Risk
Pending LitigationClean
Bankruptcy HistoryNone
Download the Full chip FDD
2024 · Public Registry Document
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