Every Sweetgreen restaurant is company-owned and company-operated; it does not franchise.
Sweetgreen’s SEC filings present an entirely company-operated model: "we owned and operated 221 restaurants in 18 states and Washington, D.C." That filing never uses "franchise" to explain Sweetgreen’s own operations, since there is no franchise setup to explain. Sweetgreen opens and operates each location using its own capital and staff.
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Sweetgreen Franchise: Not For Sale, Company-Owned
Sweetgreen, Inc. (NYSE: SG)
Restaurants (FY2023 10-K)
221 (18 states + DC)
Founded
2007
Ownership
Public (NYSE: SG)
Individual Franchise
Not Offered
How Sweetgreen Actually Operates in the US
Sweetgreen, Inc.
18 states + Washington, D.C. · 100% company-owned
Sweetgreen owns and operates every restaurant directly, while using its own capital as a public company to finance new openings. Its SEC filings describe growth solely as company-operated; its public disclosures contain no franchise division, franchise agreement, or FDD.
Why There's No Sweetgreen Franchise Fee to Quote
Sweetgreen’s own 10-K is direct: "we owned and operated 221 restaurants in 18 states and Washington, D.C." The company describes its restaurant base as owned, not franchised.
In that filing, "franchise" never appears as an explanation of Sweetgreen’s restaurant operations because there is no program of that kind to describe.
With no franchise structure in place, no franchise fee, investment range, or FDD has ever been published for a Sweetgreen restaurant.
As a public company, Sweetgreen pays for expansion through corporate capital rather than franchisee investment, so each new restaurant remains under direct company control.
Fast-casual sandwich and sub franchises that DO take applications from individual candidates
Sweetgreen’s counter-service, build-your-own setup is more comparable to fast-casual sandwich and sub chains than full-service restaurants, making these the closest US franchise concepts by operating model. Each is actively seeking franchisees, and the investment figures come from current FDDs.