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1-800-Got-Junk?

2014 Franchise 500
#467
At a Glance

Products & Services: Junk removal

Number of Locations: 162

Total Investment: $111.8K - $143.6K

Founded: 1989

Began Franchising: 1998

About 1-800-Got-Junk?

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.

Franchise Units

Year U.S. Canadian International Company Owned
2013 137 21 4 0
2012 146 25 4 1
2011 150 25 4 1
2010 150 25 4 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $111,800 - $143,600
Franchise Fee: $30,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 50% off franchise fee for second unit
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $90,000
Operations
Franchise can be run from home. 30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 10. Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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,

Franchise Ranking History

Franchise 500®: #467 (2014), #425 (2013),