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Rates
Chopped Leaf/The Chopped Leaf

Chopped Leaf/The Chopped Leaf

1 locations

Chopped Leaf/The Chopped Leaf currently operates 1 locations (1 franchised). PeerSense FPI health score: 43/100.

Total Units

1

1 franchised

FPI Score
Low
43

Proprietary PeerSense metric

Fair
Capital Partners
1lenders available

Active capital sources verified for Chopped Leaf/The Chopped Leaf financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
43out of 100
Fair

SBA Lending Performance

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loans

1

Total Volume

$0.5M

Active Lenders

1

States

1

What is the Chopped Leaf/The Chopped Leaf franchise?

The question every prospective franchisee asks before writing a six-figure check is simple but weighty: is this brand worth betting on? The Chopped Leaf was born in May 2009 when founders Blair Stevens and his wife Karla opened the first location in Kelowna, British Columbia, with a conviction that Canadians deserved fast, craveable food that actually made them feel good after eating. That founding thesis — real food, no fryers, no gimmicks — proved durable. Under the development umbrella of Innovative Food Brands Inc., the brand grew from a single storefront in the Okanagan to over 120 locations across Canada and the United States by July 2023, with 118-plus locations confirmed as of February 2025 and 30 new restaurants planned to open in 2023 alone. Blair Stevens continues to serve as Founder and Brand President, with Nick Veloce holding the role of President and COO and Nik Jurkovic serving as Vice President of Development — a leadership structure that reflects both the brand's founder-driven culture and its increasingly professional corporate architecture. The Chopped Leaf franchise opportunity sits at the intersection of two powerful market forces: the explosive growth of the Quick Service Restaurant category and the secular consumer shift toward healthier, ingredient-transparent meals. For franchise investors evaluating this brand, the core question is whether The Chopped Leaf franchise investment can translate that consumer tailwind into durable, location-level profitability. This analysis, produced independently by the research team at PeerSense, examines the full picture — investment requirements, operational model, growth trajectory, franchisee feedback, and financial disclosures — to help serious investors make an informed decision.

The Quick Service Restaurant industry in Canada and the United States collectively represents hundreds of billions of dollars in annual consumer spending, and the healthy fast-casual subcategory where The Chopped Leaf competes has been one of the fastest-growing segments within that larger market. Consumer behavior has shifted materially over the past decade, with a growing portion of the population seeking meals that are minimally processed, ingredient-transparent, and aligned with active lifestyles — and critically, that still taste good. The Chopped Leaf was built on the premise that healthy food had been unjustly associated with poor flavor, and the brand's growth from a single Kelowna location in 2009 to 120-plus units across two countries is evidence that the market has validated that premise. The average customer transaction at a Chopped Leaf location falls between $20 and $30, which positions the brand meaningfully above traditional QSR price points and reflects a consumer willing to pay a premium for perceived quality. That average check size is significant for franchisee economics because higher per-ticket revenue reduces the transaction volume required to reach breakeven. The healthy fast-casual segment benefits from several durable macro tailwinds: rising health consciousness among millennials and Gen Z consumers who now represent the dominant eating-out demographic, increasing awareness of diet's role in long-term health outcomes, and a growing intolerance for the artificial ingredients and ultra-processing that define legacy fast food. The Chopped Leaf's operational model — no cooking, no frying, fresh assembly from whole ingredients — also positions the brand favorably as municipalities and regulators continue to scrutinize food quality standards. For franchise investors, the structural advantage of operating in a category defined by strong, secular consumer demand rather than trend-dependent fads is a meaningful risk-mitigating factor.

Understanding the full Chopped Leaf franchise cost requires looking beyond the headline franchise fee to the complete capital stack. The initial franchise fee is reported at $30,000 in multiple disclosure contexts, though some sources cite a figure of $50,000 — prospective franchisees should confirm the current fee directly with Innovative Food Brands during the discovery process. The total investment range to build and open a Chopped Leaf location runs from approximately $375,000 to $500,000 inclusive of the franchise fee, with some sources providing a broader range of $205,892 on the low end to $585,800 at the high end depending on store size, market, lease terms, and build-out complexity. The primary drivers of investment variability are construction costs, which range from $230,000 to $400,000, and equipment costs, which range from $115,000 to $190,000. Additional line items include a design fee of $10,000 to $15,000, a location fee of $0 to $10,000, and an administration fee of $10,000. For Canadian operators, the total initial franchise investment is typically cited as starting from $450,000 CAD and up. On an ongoing basis, The Chopped Leaf franchise fee structure includes a royalty rate of 6% of gross sales and an advertising fund contribution of 3% to 4% of gross sales — bringing total ongoing fees to 9% to 10% of gross revenue, which is broadly consistent with the QSR category norm. Prospective franchisees are required to demonstrate a minimum of $120,000 to $150,000 in unencumbered liquid capital. Importantly, The Chopped Leaf has a Preferred Agreement in place with TD Bank, which can typically finance up to 90% of equipment and leaseholds — a meaningful financing advantage that reduces the out-of-pocket capital burden at opening and improves accessibility for well-qualified candidates who may not have the full investment amount in cash. Franchisees are not required to use TD Bank and are free to arrange financing through any institution.

Daily operations at a Chopped Leaf location are structured around a fresh-assembly model that deliberately eliminates the complexity and equipment intensity of traditional fast food. There is no cooking, no frying, and no heat-based food preparation — the menu is built on chopped vegetables, proteins, grains, and house-made dressings assembled to order in front of the customer. This operational simplicity is a genuine competitive advantage: it reduces the skill threshold for staff, accelerates training timelines, and lowers equipment maintenance costs compared to formats that rely on grills, fryers, or ovens. Staffing requirements are meaningful, with a minimum of four employees needed at all times and six to eight during peak lunch service to maintain the assembly speed customers expect. That labor intensity is one of the more candid operational realities prospective franchisees should model carefully. The brand offers a two-week comprehensive training program covering food preparation, basic management, hiring practices, office procedures, and guest service — and no prior culinary experience is required, which broadens the pool of eligible franchisee candidates. On-site training is also provided at a head-office-approved Chopped Leaf location prior to the franchisee's grand opening. Post-opening support includes a dedicated Field Support Representative who assists with staff training, grand opening execution, and ongoing operational coaching through in-person field visits and virtual channels. The in-house Development Department handles franchisee recruitment and qualification, while a dedicated Real Estate and Construction team manages site selection, lease negotiation, floor plan design, and full build-out project management from start to finish. The marketing department develops print, television, digital, radio, and social media campaigns, supports local marketing tactics, and manages the Chop Club loyalty program. The brand considers any population center of 10,000 or more people a viable market, and its flexible store size and layout allow it to enter diverse real estate formats, including the brand's first drive-thru location which opened in Grand Prairie, Alberta, in 2023. Revenue streams beyond dine-in include take-out, catering, online ordering, third-party delivery programs, a school hot lunch program, and a school reading program.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for The Chopped Leaf franchise. This is a material fact for prospective investors to understand clearly: the franchisor does not publish average revenue per unit, median unit revenue, or profit margin data in its FDD, which means independent financial due diligence is essential before committing capital. Prospective franchisees should request any available performance data directly from Innovative Food Brands and, critically, conduct structured interviews with a statistically meaningful sample of existing franchisees — ideally spanning different markets, unit ages, and ownership structures. What can be inferred from publicly available data points is instructive. The brand's average customer transaction of $20 to $30 is above the QSR category median, and the no-cook, fresh-assembly operating model reduces certain variable costs. However, franchisee reviews from 2023 include at least one candid assessment that profitability is "next to none," which underscores the importance of conservative underwriting assumptions rather than top-line revenue projections alone. Labor costs represent the most significant variable expense, given the staffing minimum of four to eight employees depending on daypart. The ongoing fee burden of 9% to 10% of gross sales in combined royalties and advertising contributions must be factored into any pro forma alongside rent, labor, food cost, and general and administrative expenses. The PeerSense FPI Score for The Chopped Leaf currently stands at 43, which falls in the Fair range — a signal that warrants careful scrutiny of unit economics before proceeding. Investors should benchmark any revenue data obtained from franchisees against total investment figures in the $375,000 to $585,000 range to assess realistic payback periods, and should pressure-test their assumptions against the labor-intensive nature of the operating model.

The Chopped Leaf's growth trajectory from a single Kelowna location in May 2009 to 80 units by May 2019, 86 units by November 2019, and over 120 units by July 2023 represents a compound expansion rate that demonstrates consistent franchisee demand for the concept across more than a decade. By February 2025, the network had reached 118-plus locations, with 30 new restaurant openings targeted for 2023 concentrated in Ontario, Manitoba, and Atlantic Canada. The 2023 expansion plan also included new openings in Winnipeg, Barrie, and the strategically important first drive-thru prototype in Grand Prairie — a format that, if it performs to QSR drive-thru norms, could meaningfully expand the brand's addressable real estate footprint and average unit volume potential. The brand's first national advertising campaign launched in May 2023, featuring a television and social media push built around the new Shake-A-Bowl product innovation and produced by the Crew advertising agency — a milestone that signals the brand's maturation from a regional Canadian concept into a national QSR player. Menu innovation has continued with the introduction of Shake-A-Bowls, a streamlined one-bowl model allowing customers to order any of nine core offerings as a bowl, salad, or wrap, and new items including the Pacifica with prawns, the Aztec Boca plant-based bowl, and two new vegan and gluten-friendly soups. The plant-based additions are particularly relevant from a competitive positioning standpoint, as they align The Chopped Leaf with the fastest-growing dietary preference segment among its core urban and suburban consumer demographic. The brand earned a Gold Winner recognition among salad eateries from Edmonton Journal readers in November 2019, validating its brand equity in one of its most penetrated markets, where it had 19 locations in Edmonton and surrounding areas alone at that time. The combination of national advertising infrastructure, menu innovation cadence, drive-thru format development, and active multi-unit operator recruitment positions The Chopped Leaf for continued net unit growth through the mid-2020s.

The ideal Chopped Leaf franchise candidate is not defined by prior restaurant experience — the brand explicitly states that no culinary background is required, and all necessary food preparation and management training is provided. What the franchisor seeks are individuals who genuinely believe in the mission of accessible, healthy eating, who are operationally engaged, and who have the financial capacity and business acumen to manage a multi-employee QSR operation. Given the brand's stated preference for multi-unit operators as a growth driver, candidates with management backgrounds or prior franchise experience may be particularly well-positioned to build a portfolio across multiple territories. The brand considers markets with a population of 10,000 or more viable, which means geographic flexibility is a genuine feature of this franchise system — rural, suburban, and urban formats are all in play. Geographic focus areas for new development include Ontario, Manitoba, Atlantic Canada, British Columbia, Alberta, Saskatchewan, and Quebec, giving prospective franchisees a wide selection of available territories. Recent market openings in Winnipeg, Barrie, and Grand Prairie illustrate the brand's active expansion into secondary and tertiary Canadian markets, where real estate costs are typically lower than major metropolitan centers, potentially improving franchisee investment returns. The timeline from signing a franchise agreement to grand opening is supported by an in-house real estate and construction team, which manages site selection, lease negotiation, and full build-out project management. Franchisees with over 30 franchise agreements signed and in various stages of development as of reporting periods indicates an active pipeline of forthcoming openings.

For investors conducting rigorous due diligence on the Chopped Leaf franchise opportunity, the core investment thesis rests on three converging factors: a proven, founder-led brand with 15-plus years of operating history and 120-plus units of scale, a consumer market structurally shifting toward the healthy fast-casual category The Chopped Leaf is purpose-built to serve, and a total investment range of approximately $375,000 to $585,800 that is broadly accessible compared to full-service restaurant formats. The FPI Score of 43, rated Fair by independent methodology, appropriately signals that this is not a top-decile franchise system without scrutiny, but rather one that warrants thorough financial modeling, franchisee interviews, and market-level analysis before commitment. The absence of Item 19 financial performance disclosure in the FDD makes independent research not just advisable but essential — investors cannot rely on franchisor-provided averages to underwrite this investment and must build their own pro forma from franchisee conversations, lease cost analysis, and realistic labor modeling. The brand's national advertising infrastructure, TD Bank preferred financing relationship, in-house real estate and construction support, and multi-unit growth orientation are genuine structural advantages that reduce execution risk for qualified operators. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow franchise investors to benchmark The Chopped Leaf against every competing concept in the healthy QSR category with factual, data-driven precision. Explore the complete The Chopped Leaf franchise profile on PeerSense to access the full suite of independent franchise intelligence data and make your investment decision from a position of genuine informational advantage.

FPI Score

43/100

SBA Default Rate

0.0%

Active Lenders

1

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Chopped Leaf/The Chopped Leaf based on SBA lending data

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loan Volume

1 loans

Across 1 lenders

Lender Diversity

1 lenders

Avg 1.0 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Chopped Leaf/The Chopped Leafunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Chopped Leaf/The Chopped Leaf