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Chop Chop

Chop Chop

9 locations

The total investment to open a Chop Chop franchise ranges from $114,100 - $153,500. Chop Chop currently operates 9 locations (9 franchised). The top SBA 7(a) lenders for Chop Chop are Federal Deposit Insurance Corporation, Transamerica Small Business Capital, Inc. and United Bank. PeerSense FPI health score: 31/100.

Investment

$114,100 - $153,500

Total Units

9

9 franchised

FPI Score
Medium
31

Proprietary PeerSense metric

Limited
Capital Partners
6lenders available

Active capital sources verified for Chop Chop financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
31out of 100
Limited

SBA Lending Performance

SBA Default Rate

25.0%

3 of 12 loans charged off

SBA Loans

12

Total Volume

$1.6M

Active Lenders

6

States

5

Top SBA Lenders for Chop Chop

What is the Chop Chop franchise?

The Chop Chop franchise presents a distinct and evolving entry point within the vibrant and competitive fast-casual restaurant segment, originating from its strategic headquarters in Alpharetta, GA. With a current footprint encompassing 9 total units, the Chop Chop franchise has successfully established a foundational operational model capable of consistent replication across multiple locations. The brand's emergence in Alpharetta, a dynamic and economically robust hub renowned for its diverse culinary landscape and burgeoning consumer base, provides a compelling contextual backdrop for its initial development and subsequent growth. The concept inherent in the name "Chop Chop" inherently resonates with contemporary consumers seeking efficiency, freshness, and customizability in their meal choices, particularly within the popular realm of global or Asian-inspired cuisines. This strategic market positioning actively capitalizes on the accelerating demand for convenient yet high-quality dining experiences that adeptly bridge the gap from traditional fast food while maintaining an accessible and attractive price point. The journey from a singular concept in Alpharetta to a multi-unit operation of 9 total units robustly indicates a systematic approach to growth and a demonstrable ability to attract initial franchisee interest and investment. The brand's foundational appeal undoubtedly lies in its promise of quick and efficient service without ever compromising on robust flavor profiles or the critical perception of fresh, daily preparation, a crucial differentiator in today's intensely crowded food service environment. For prospective investors meticulously evaluating the Chop Chop franchise, understanding this initial market footprint and the implied operational ethos is absolutely paramount for a comprehensive assessment. The initial expansion to 9 units strongly suggests a tested and refined operational framework, a proven core menu, and a nascent but growing brand identity that has

FPI Score

31/100

SBA Default Rate

25.0%

Active Lenders

6

Key Highlights

Data Insights

Key performance metrics for Chop Chop based on SBA lending data

SBA Default Rate

25.0%

3 of 12 loans charged off

SBA Loan Volume

12 loans

Across 6 lenders

Lender Diversity

6 lenders

Avg 2.0 loans per lender

Investment Tier

Mid-range investment

$114,100 – $153,500 total

Chop Chop — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

1994

12 approvals — best year on record for Chop Chop.

Top SBA State

Georgia

5 SBA-financed Chop Chop locations — the densest operator footprint.

Average Loan Size

$133K

Median $123K — use as a sizing anchor when modeling your own $Chop Chop unit.

Lender Concentration

75%

Concentrated

Share of Chop Chop approvals captured by the top 3 SBA lenders.

Chop Chop's SBA lending pipeline peaked in 1994 (12 approvals). Operator density is highest in Georgia with 5 SBA-financed locations. Average funded ticket sits at $133K, with the median at $123K. Lender mix is concentrated: the top three SBA lenders account for 75% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$91K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,181

Principal & Interest only

Locations

Chop Chopunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Chop Chop