Enviro2 recognises that due to the very nature of our business and the global reach and variety of our potential franchisees, there are many different options to finance your franchise. From government’s grants, financial institutions and capital ventures to personal finance and loans, Enviro2 are happy to explore various solutions to funding your franchise.

The financial requirements vary depending on the method of acquisition.
 
Financial Requirements/Down Payment

An initial down payment is required when you purchase a new franchise (5% of the total cost) or an existing franchise (25% of the total cost). The down payment must come from either borrowed or personal resources, which include cash on hand; securities, bonds, and debentures; vested profit sharing (net of taxes); and business or real estate equity, exclusive of your personal residence.

Since the total cost varies from franchise to franchise, the minimum amount for a down payment will vary. Generally, we require a minimum of $50,000 of either borrowed or personal resources to consider you for a franchise. Individuals with additional funds may be better prepared for additional or multi-franchise opportunities.

Financing

We require that the buyer pay a minimum of 5% cash as a down payment toward the purchase of a franchise. The remaining balance of the purchase price may be financed for a period of no more than five years. Enviro2 does offer financing, Enviro2’s franchisees enjoy the benefits of our established relationships with many lending institutions. We believe our franchisees can enjoy the lowest lending rates in the industry.
 
Ongoing Fees

During the term of the franchise, you pay Enviro2 the following fees:  
 
Service fee: a flexible monthly fee based upon the franchisee’s sales performance.

Rent: a monthly base rent or percentage rent that is a percentage of monthly sales.