PROFIT HOT 50

#27

Enviropaving Corp.

Franchises a service to install driveways made from recycled tires

Inside track

Eco-friendly driveways—seriously? Well, yes. By using a mixture of recycled tires and glue rather than asphalt, Enviropaving is making a dent in the global mountain of eight billion discarded tires. And while rainfall releases toxins from asphalt into the ground, Enviropaving's driveways don't leach anything.

Company Profile

Chief Executive(s): Kathy Ratchford Head Office: Mississauga, Ont. Website: www.enviropaving.com

Company Financials

Growth 2009-11 (%): 296 Revenue 2011: 1,813,505* CAD Revenue 2009: 458,527* CAD
Profit Margin 2011: > 10% Employees 2011: 3 Employees 2009: 3
Exports as % of Sales: 10    

Growth Tactic

Recently signed an exclusive deal with Rona for referrals from the retailer's installation service.

*Franchisor revenue reflects corporate revenue only