FranchiseVerdict
Enviro-Master logo
FV-00861·STRONGExcellent95

Enviro-Master

OtherFranchising since 2011Website
Investment
$121K – $252K
43rd pct Other
Avg revenue
$1.1M
31st pct Other
Royalty
6.0%
17th pct Other
Units
132
80th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $121K – $252K including a $60K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.1M/year (median $916K).
  • Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 75 loans (below the industry average).
  • System growing at 40.7% CAGR over 3 years with 132 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Enviro-Master International Franchise, LLC
Parent company
EMP Enviro-Master HoldCo, LLC
Incorporated in
North Carolina
HQ
5200 77 Center Drive, Suite 500, Charlotte, NC 28217
Auditor
Forvis Mazars, LLP
Audited financials
Franchisor revenue
$26.9M
vs $27.4M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Enviro-Master unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,062,632
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $121K–$252K
Working capital
$
FDD reports $13K–$128K

Unlevered ROIC · per unit

62%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$159K
EBITDA margin
15.0%
Total invested
$257K
Payback
19 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Enviro-Master units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.7M

on $8.5M purchase

Total debt

$6.8M

SBA $4.3M + senior + seller note

Overview

About

Enviro-Master franchisees operate commercial cleaning and sanitization services, primarily serving restroom facilities, waste management, and odor control for office buildings, retail, and industrial clients. Day-to-day operations involve managing service routes, client relationships, technician scheduling, and equipment maintenance across a protected territory.

CEO
Frank Costello
Founded
2013
FDD year
2025
States available
36

Item 7 · what it costs

The Vitals

Total investment
$121K – $252K
All-in to open one unit
Liquid capital
$13K – $128K
Cash you must have on hand
Franchise fee
$60K
Royalty
6.0%
percentage · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.1M
Per unit, per year
Median gross sales
$916K
Item 19 type
Gross Revenue
Sample size
60 units
vs category median 20 · large
Range (low → high)
$165K$3.5M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank31th
vs Other peers
Investment cost rank43th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank80th
vs Other peers
Risk score rank2th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
132
Opened
39
Last reporting year
Closed
3
Turnover rate
2.3%
Company-owned
4
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
+36.2%
Net unit change last year
3-yr CAGR
+40.7%
Compounded over last 3 years
2023
128+36
Franchised units
2024
94
Franchised units
2025
91
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 24 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 24 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
75
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

39
Risk · 0-100
STRONG39 / 100

Enviro-Master presents moderate-to-elevated risk due to missing financial transparency (no Item 19), unresolved litigation patterns, aggressive growth trajectory, and gross revenue royalty structure without disclosed net income benchmarks.

Score breakdown · what drove the 39 / 100 rating

  1. 01MEDNo Item 19 (Average Unit Volume) disclosed - unable to verify $1.06M average revenue claim or typical profitability
  2. 02HIGHLitigation history includes both rescission claim and trademark/contract disputes with former franchisees, suggesting operational or relationship issues
  3. 03MINOR36.2% YoY unit growth is aggressive and may indicate unsustainable expansion or inclusion of underperforming units
  4. 04MEDHigh franchise fee ($60K) combined with $120-251K total investment without disclosed net income creates ROI uncertainty
  5. 05MINOR6% royalty on gross revenues (not net) means franchisor takes percentage regardless of franchisee profitability

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Business count
Protected territory
Yes
Initial term
5 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
60 hrs
On-the-job training
21 hrs
POS system
Approved Software (includes QuickBooks, Office 365)
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

63 numbers

Locked
(518) 728-••••
NY
(302) 735-••••
DE
(949) 307-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Enviro-Master · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above