The club was established in 1922 with the name "Balkan". In 1945 the club was renamed "Peyo Krinchev". Between 1957 and 1985 the club was named DFS "Etropole". Since 1985 the name is "Chavdar". The main kit-colours of the team are red and white. In his history the club participated in either the second or the third Bulgarian division. Currently the team is playing in the West B PFG. In 2007/2008 season Chavdar finishes 3rd in the Bulgarian South-West V AFG, and wins promotion for the 2008/2009 season.
The club qualified for the 1/16 finals of the Bulgarian Cup 1972-73 after defeating Botev Vratsa and for the 1/8 finals in 2007-08 after defeating PFC Haskovo and beating surprisingly elite Marek Dupnitsa with 5:3 (after penalty kicks) to make it to the 1/8 finals of the competition. There "Chavdar" was eliminated by the Kaliakra Kavarna after suffering a 2:0 loss. On 31 March 2010, Chavdar reached the semi-finals of the Bulgarian Cup for the first time in their history - the team from Etropole eliminated higher echelon Slavia Sofia after a penalty shootout (the score at the end of extra time was 0:0, the hosts won 4:2 in the kicks from the spot contest). They lost in the next round against Beroe by a score of 0:1.