ChopValue Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
ChopValue is a circular-economy franchise that recycles used chopsticks into engineered furniture, shelving, and home products. Franchisees run micro-factories, managing collection, manufacturing, and product sales.
FranchiseVerdict summary · 2026
A ChopValue franchise requires a total initial investment of $466K – $588K, including a $65K franchise fee and an ongoing 6.0% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $466K – $588K
- 62nd pct Business Serv…
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 8th pct Business Serv…
- Units
- 6
- 14th pct Business Serv…
- SBA charge-off
- N/A
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $466K – $588K including a $65K franchise fee, 6.0% ongoing royalty.
- RETURNSFY2023 total revenue of $584,441 comprised franchising and royalties ($387,314) and equipment and supplies sales ($197,127). Statements audited by MNP LLP and reported in U.S. dollars; franchisor (ChopValue Franchising LLC) has a member's deficit and a going-concern note.
- RISKVerdict D (Below average), verdict score 34/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- ChopValue Franchising LLC
- Parent company
- ChopValue Manufacturing Ltd.
- CEO title
- President and Secretary
- Felix Böck
- Incorporated in
- Delaware
- HQ
- 358 East Kent Ave S, Unit 102, Vancouver, British Columbia V5X 4N6
- Auditor
- MNP LLP
- Audited financials
- Franchisor revenue
- $584K
- vs $399K prior year
Overview
About
- CEO
- Felix Böck
- Headquarters
- British Columbia, Canada
- Founded
- 2020
- FDD year
- 2024
- States available
- 2
Can you afford it, and what does the money buy?
Entry cost runs 89% above the typical business services franchise.
Source: FDD 2024 · Items 5–7
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $65K | $65K |
| Working capital (3–6 mo) | $60K | $90K |
| Equipment, build-out, other | $341K | $433K |
| Total initial investment | $466K | $588K |
Source: ChopValue 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $466K – $588K
- Middle of category vs category
- Liquid capital req'd
- $60K – $90K
- Middle of category vs category
- Franchise fee
- $65K – $65K
- Middle of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $250 |
| Transfer fee | $33K |
| Renewal fee | $33K |
| Inventory (initial) | $12K – $15K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
ChopValue did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one ChopValue unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
19%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
FY2023 total revenue of $584,441 comprised franchising and royalties ($387,314) and equipment and supplies sales ($197,127). Statements audited by MNP LLP and reported in U.S. dollars; franchisor (ChopValue Franchising LLC) has a member's deficit and a going-concern note.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% — below the Business Services average of 11.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System shrank 16.7% over 3 years — 1 closures. Ask existing franchisees about local market conditions.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Business Services averages
How ChopValue Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 6
- Opened
- 0
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 20.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 83%
- vs corporate-owned
- Net growth (3-yr)
- -16.7%
- Net unit change over 3 years
- 3-yr CAGR
- +66.7%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 1
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 3
- Franchisor's next-year forecast
- Continuity rate
- 83.3%
- Units that stayed open
- Ceased ops
- 10.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
ChopValue presents caution-level risk due to undisclosed unit economics, negative unit growth trajectory, lack of territory protection, and insufficient franchisee base to validate investment returns.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · MNP LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 34 / 100 verdict
- 01MINORSystem contracted 16.7% YoY (10 units down from 12) — indicates shrinking franchise network and potential market saturation or unit failure
- 02MEDNo average revenue or net income disclosed in FDD — unable to validate ROI or profitability claims; prospective franchisees cannot assess break-even timeline
- 03MINORNo protected territory — franchisees face direct competition from other ChopValue franchisees and potential company-owned locations in same market
- 04MEDHigh initial investment ($462K-$587K) with unclear return metrics — royalty rate of 6% suggests thin margins if average unit volumes aren't disclosed
- 05MINOROnly 10 units remaining limits peer network and support ecosystem; difficulty finding experienced franchisees for honest feedback
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | none |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Vancouver, British Columbia, Canada |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 25 hrs
- On-the-job training
- 72 hrs
- Training location
- Vancouver, British Columbia and franchisee Micro-Factory location
- Ongoing training
- Required
- Time to open
- 9 mo
- From signing to launch
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
5 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
ChopValue · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a ChopValue franchise?
The total investment to open a ChopValue franchise ranges from $466K – $588K, with an initial franchise fee of $65K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do ChopValue franchise owners earn?
ChopValue does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the ChopValue FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the ChopValue FDD and qualifies whose outlets they describe.
What is ChopValue's franchise failure rate?
SBA 7(a) loan charge-off data is not available for ChopValue (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many ChopValue franchise locations are there?
As of their most recent FDD filing, ChopValue has 6 total units in the United States, including 5 franchised units and 1 company-owned units.
Is ChopValue a good franchise to buy?
FranchiseVerdict rates ChopValue as a D-grade franchise with a verdict score of 34 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent ChopValue, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.