By Chloe

By Chloe is a red-hot, $30 million restaurant chain (with a side order of drama)

Co-Founders:
Chloe Coscarelli, 29; Samantha Wasser, 29
2016 Revenue:
$10 million
Industry:
Food & Beverage
Location:
New York City NY 
Founded:
2015
Employees:
315
Raised:
$8 million

Chloe Coscarelli and Samantha Wasser (pictured above) are the creative forces behind By Chloe, a string of vegan fast-casual restaurants in New York City, Los Angeles, and most recently Boston. While the business relationship between the pair has changed since the eatery's inception, the brand continues to grow. Coscarelli, a chef who made a name for herself after winning Food Network's reality series Cupcake Wars, tapped ESquared Hospitality in 2014 to help build her eatery. It was there she met Wasser, the creative director who had recently designed the Mexican restaurant Horchata de Nueva York. They teamed up to create a place that served plant-based, Instagram-ready food. After a nearly yearlong legal battle, an arbitrator recently ruled that Coscarelli could be removed from the business. However, that hasn't stopped the company from expanding to seven locations across the country and planning to open another four before the end of the year. What's more, the restaurants raked in $10 million in 2016 and By Chloe is expecting to fetch $30 million by the end of 2017. -Emily Canal

MORE COMPANY INFORMATION

Twitter:
@eatbychloe