About ChopValue Franchise
ChopValue is a sustainable manufacturing franchise built on circular economy principles.
Owners establish and operate a ChopValue Micro Factory, where previously discarded materials, including chopsticks, are collected and transformed into high value products such as decor items, furniture, and flooring for residential and commercial customers.
The franchise fee is $62,500.
ChopValue Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $62,500 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Total Investment Range | $474,200 – $602,000 | Includes build-out, inventory, working capital |
The investment range of $474K–$602K reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is 6% of Gross Sales of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (1) | $29,000 | $65,000 |
| Rent for First 3 Months (2) | $15,000 | $21,000 |
| Security Deposit (2) | $10,000 | $14,000 |
| Leasehold Improvements (2) | $15,000 | $20,000 |
| Signage (3) | $500 | $500 |
| Furniture, Fixtures, and Equipment (3) | $295,000 | $320,000 |
| Initial Training Expenses (4) | $10,000 | $14,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | See Note 2 for the definition of Gross Sales. We require you to pay the royalty |
| Renewal Fee | 50% of our then-current initial franchise fee. |
| Technology Fee | We require you to pay a Technology Fee to cover some of our costs in creating, i |
| Audit Fee | Payable if an audit shows you have understated any amount owed to us by 3% or mo |
| Brand Building Fund contribution | Up to 3% of Gross Sales. |
| Referral Fee | 6% of Gross Sales for products or services you sell in connection with orders pl |
| Interest | 18% per year or the maximum lawful rate. |
| Late Fee | $100 |
| Conferences | $500 |
| Additional Training | $250 |
| On-site Remedial Training | $250.00 |
| Rent for First 3 Months (2) | $15,000 |
| Security Deposit (2) | $10,000 |
| Leasehold Improvements (2) | $15,000 |
| Signage (3) | $500 |
| Furniture, Fixtures, and Equipment (3) | $295,000 |
| Initial Training Expenses (4) | $10,000 |
| Initial Inventory/Supplies (6) | $12,000 |
| Professional Services (7) | $1,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | 2 consecutive 5-year periods. |
| Termination for Cause | We may terminate on your default. |
ChopValue Franchise Earnings — Item 19
ChopValue does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
ChopValue Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
ChopValue System Growth
ChopValue currently operates 2 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 1 | ||
| 2020 | 2 | ||
| 2020 | 3 | ||
| 2021 | 3 | ||
| 2021 | 1 | ||
| 2021 | 4 | ||
| 2022 | 6 | ||
| 2022 | 1 | ||
| 2022 | 7 |
ChopValue Franchise — FAQ
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