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
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Sales | National brand fund |
| Total Investment Range | $281,950 – $699,000 | Includes 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)
| Item | Low | High |
|---|---|---|
| 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 Type | Amount |
|---|---|
| Transfer Fee | 6% of Gross Sales |
| Renewal Fee | 25% of the then-current Initial Franchise Fee |
| Technology Fee | $350 |
| Audit Fee | You 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 Payments | 18% (or the maximum rate permitted by state law) |
| Interest | 1.5 % per month or the greatest amount allowed under applicable law, whichever i |
| Initial Training | $100 |
| Additional Training | $250 |
| Interim Management Fee | 3% of the Gross Sales plus our costs of travel, meals and lodging actual reasona |
| Insurance Premiums | Reimbursement 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)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | You 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)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
chip Franchise Earnings — Item 19
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
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
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
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