June 25, 2018
Original Chop Shop now has a senior credit facility from BBVA Compass to support ongoing expansion of new restaurants, according to a company press release.
This funding package will allow Original ChopShop, which has eight locations, to open another eight to 10 restaurants by the end of 2019. Expansion will primarily focus on the existing markets of Phoenix and Dallas with the potential to enter a new market in late 2019.
"BBVA Compass has been an exceptional partner through this process," CEO Jason Morgan, said in the release. "Our strong relationship with them is a powerful asset as we continue our growth trajectory. The success of our expansion is a credit to our dedicated team and the passion of our loyal guests. We are excited to bring 'Just Feel Good Food' to more guests in Phoenix, Dallas-Fort Worth and beyond."