1-800-Got-Junk? Franchise
Tuesday, April 27, 2010 at 09:06AM Trash removal service
Started by a college student in need of a summer job, 1-800-Got-Junk' takes items like furniture, appliances, construction debris and yard refuse from homes to dumps or recycling facilities. Franchise business owners provide clients with uniformed drivers who provide trash pickup during a scheduled two-hour window.
Start-up Costs & Franchises Fees
What is the total cost to open a 1-800-Got-Junk? Franchises?
Total Cost: $70,000 USD -$100,000 USD
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: legal costs up to $5K
Contact Information for 1-800-Got-Junk?
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1-800-Got-Junk? |
Toll Free: (877)408-5865 |
1-800-Got-Junk? In the Press
No results at this time.Historical Expansion
In what year did 1-800-Got-Junk? begin operations? 1989
When did 1-800-Got-Junk? begin selling franchises? 1998
Year United States Canada International Corporate 2005 117 14 0 1 2004 85 9 0 1 2003 47 8 0 1 2002 20 8 0 1 2001 18 8 0 1
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No Yes 3rd Party Financing Available? Financing Source(s): NCB Capital, Ford Credit
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.90% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience Experience in management/operations & sales/marketing
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes