Year began: 1989 Franchising since: 1998 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. Franchisees provide clients with uniformed drivers who provide trash pickup during a scheduled two-hour window.
|
6th Fl., 1055 W. Hastings St. Vancouver, BC V6E 2E9 Canada
Phone: (866)920-5865
Fax: (801)751-0634
| Franchisor has 150 employee(s); 8 employee(s) in franchise department.
|
Franchise Growth
Year2008
2007
2006
2005
2004
U.S. Franchises265
249
208
130
85
Canadian Franchises37
39
25
15
9
Foreign Franchises3
3
0
0
0
Where Seeking Franchisees
In the U.S.
Outside the U.S.:
Exclusive territories available.
Territory size: 62,500 population
Costs & Fees
Total investment: $90K-140K
Franchise fee: $32K+
Ongoing royalty fee: 8%
Term of agreement: 5 years, renewable
Renewal fee: legal costs up to $5K
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | Yes | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third-party financing source(s): NCB Capital, Ford Credit
Qualifications
Net worth requirement: $90K+
Cash liquidity requirement: $90K+
Business Experience:- General business experience
- Marketing skills
- Experience in management/operations & sales/marketing
Operations
- 90% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 3 - 3
- Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 1 week
- At franchisee's location: 3 days
- Additional training annually at conference & franchisee location: 2-3 days each
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
MARKETING SUPPORT- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#129 (2008); #97 (2007); #292 (2006); #399 (2005); #392 (2004);
Ranked #1 in category in:
2008; 2007;
Fastest-Growing Franchises:#72 (2008); #41 (2007); #78 (2006); #98 (2005);
Top home based franchises:#72 (2006);
Low-Cost Franchises:#117 (2004);
America's Top Global Franchises:#102 (2008); #94 (2007);
Last Updated: 7/10/2008 12:00:00 AM
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