FINANCIAL STATEMENT: As of ______________, 20 ________.
This is a statement of: My individual financial information The financial information of my spouse and me
Assets Amount Liabilities Amount
Cash in banks $ ____________________ Notes payable to bank $ ______________________
Real estate $ ____________________ Real estates amount owed $ ______________________
Stocks and Bonds $ ____________________ Loans on life insurance policies $ ______________________
Accounts receivable $ ____________________ Other liabilities (describe) $ ______________________
Cash surrender value __
of your life insurance $ ____________________
$ ______________________
Auto 1
(year and make) $ ____________________
$ ______________________
Other assets (describe) $ ____________________ $ ____________________
TOTAL ASSETS $ TOTAL LIABILITIES $
NET WORTH (Total Assets minus Total Liabilities) . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annual Income Amount Annual Expenditures Amount
Salary or wages (own)
$
________________ (net) Property taxes and assessments $ ______________________
Dividends and interest $ ____________________
Federal and provincial income taxes $ ______________________
Rental income
(gross) $ ____________________
Real estate mortgage
payments (per year)
$ ______________________
Business income
(net) $ ____________________ Payments on contracts (Other notes) $ ______________________
Other income
(describe) $ ____________________ Estimated living expenses $ ______________________
$ ____________________ Other $ ______________________
TOTAL INCOME $ TOTAL EXPENDITURES $
Do you currently have a source of financing? Yes No Savings Account: Yes No
How much capital are you able to invest? ____________________ Checking Account: Yes No
Will you use personal assets to finance this franchise? Yes No
Please explain: __________________________________________________________________________________________
Have you filed for bankruptcy or compromised a debt during the past seven years? Yes No
If yes, please explain. Attach additional sheets, if necessary.________________________________________________________
Are your cash deposits held in joint tenancy? Yes No, with whom? __________________________________________
Bank Name: ____________________________________________ Phone: ( 000 ) ________________________________
Address: __________________________________________________ City/Province/Postal Code:______________________
$
(Please check one:)
We require $70k - $150k liquid assets. We will require you to complete a more detailed financial check in which you must provide
proof of the information provided (bank statements, paystub, stocks, tax returns).
Auto 2
(year and make) $ ____________________
Salary or wages (
spouse)
$
________________ (net)
3
Prospective Franchisee’s Name
______________________________