Deals & IPOs

Crisp & Green Buys 33 Rival Salad Locations, Targets 100 Stores

Crisp & Green is buying 33 MAD Greens and Snappy Salads locations from the Coors family's Salad Collective, aiming for 100 restaurants by end of 2026.

By Grace Kim

1 min read

Updated

This Salad Chain Found a Faster Way to Grow — By Buying Up Rivals’ Locations
This Salad Chain Found a Faster Way to Grow — By Buying Up Rivals’ Locationscongerdesign / pixabay

What's News

  • Crisp & Green agreed to buy 33 MAD Greens and Snappy Salads restaurants from Salad Collective; terms undisclosed.
  • The deal should push the chain to 100 restaurants by end of 2026, a decade after founding.
  • Crisp & Green currently operates about 60 locations.
  • The Coors family stays on as a strategic minority partner.
  • The chain has grown without VC backing, using company-owned stores, franchising and friends-and-family money.

Crisp & Green has agreed to buy 33 MAD Greens and Snappy Salads restaurants from Salad Collective, the Coors family's restaurant group, QSR reports.

The Minneapolis-based fast-casual salad chain plans to convert all 33 locations to its own brand over time. Combined with previously planned openings, the deal should push Crisp & Green to 100 restaurants by the end of 2026 — a decade after its founding. Financial terms weren't disclosed.

Who stays involved?

The Coors family, which built its name in beer, will remain a strategic minority partner after handing off its salad business. That gives Crisp & Green continuity in the acquired markets rather than a clean break.

The deal expands the chain's footprint in Phoenix, Austin, Denver and Dallas, on top of new markets. Crisp & Green currently operates about 60 locations.

Why the middle of the country?

Crisp & Green has largely skipped the coasts and concentrated in the middle of the country. Founder Steele Smiley says healthy chains face less competition there.

Demand for fresh food "isn't limited to New York, Los Angeles or other coastal cities," Smiley said.

How has it funded the growth?

No venture capital backs the chain. Crisp & Green has grown through:

  • Company-owned stores
  • Franchising
  • Friends-and-family money

Buying rivals' locations rather than building from scratch shortens the path to 100 stores. If the conversions land on schedule, Crisp & Green will have doubled its footprint by the end of 2026 — without a single dollar of VC money.

By Grace Kim

Original: qsrmagazine.com

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Grace Kim

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Market editor covering people, launches and day-to-day practice in entrepreneurship, startups and venture funding at Business Bearings.

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