Clothes Bin Franchise
Clothing, shoe, and textile recycling bins

About
Founded

2014

Franchising Since

2015 (4 Years)

Corporate Address

3911 S.W. 47th Ave., #903
Davie, FL 33314

CEO

Marc Douglas

Financial Requirements
Initial Investment

$156,145 - $199,965

Net-worth Requirement

$300,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$40,000 - $40,000

Ongoing Royalty Fee

$6/bin/wk.

Financing Options

Clothes Bin Franchise has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives

$5,000 off first-unit franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

Regional Advertising

Email marketing

On-The-Job Training:

48-56 hours

Classroom Training:

4 hours

Absentee Ownership Allowed
Cost
Initial Investment: Low - $156,145 High - $199,965
Units
+108.3%+13 UNITS (1 Year) +2,500.0%+25 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

There's a Skilled Trade Labor Shortage. Can We Fix It?

How franchises are working to boost their workforce.

How Dubai Based Startup Uncle Fluffy Bakery Became A Global Franchise

The Uncle Fluffy brand now has the distinction of being franchised out to multiple geographies within three years of its existence, which makes one wonder of its secret sauce.

Licensing vs. Franchising: Which Path Is Right for You?

Here are three factors to help you determine how best to expand your business through franchising or licensing.

Being Laid Off was the Best Thing that Happened for This Travel Franchisee

How Sue Palenik turned a passion into a million-dollar business.

Want to Open a Business? Here Are 5 Reasons to Consider Franchising.

There's more than one way to become your own boss.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 4th, 2019