A lot of people poked fun at the salad trend in fast food and in fast casual. Many thought it wouldn’t be profitable or last.
Everyone is doing pretty well with salads especially Wendy’s and Panera in fast food.
But one brand, Sweet Greens, is a salad ONLY shop… ok salad focused shop, they have some other things to eat. They focus on premium high quality fresh salads.
They recently were valued at 1.6 BILLION DOLLARS in it’s latest round of funding. They raised about $200 million dollars in the last funding round, with the amount per share now skyrocketing them to be worth $1,600,000,000.
They started with 13 stores, and now have 400, with another 200 expected to be added to that count shortly.