- 2023 Franchise 500 Rank
#165 Ranked #190 last year
- Initial investment
$116K - $235K
- Units as of 2023
246 32.3% over 3 years
Bin There Dump That, founded in 2001, is a dumpster rental franchise with locations throughout North America. In a sea of competition, the company claims to be the innovator of clean, accessible, and compact containers, doing dumpster rentals like no one else. Since beginning to franchise in 2003, the company has grown to over 140 franchises in the U.S., and another few dozen in Canada. Bin There Dump That is committed to supporting franchisees, both old and new.
As a franchisee, you’ll be helping customers who are moving or downsizing, cleaning up their homes, renovating, and dealing with environmental and disaster remediation. Containers range from 4 to 20 yards and can fit into small spaces. They never sit directly on the ground, which protects customer’s driveways from accidental damage. With double doors, customers will also be able to easily access the inside of the container.
But what makes the company stand out is its commitment to delivering outstanding customer service. If you’re a people person and believe that first impressions are important, you may be looking at the right company.
Why You May Want to Start a Bin There Dump That Franchise
Bin There Dump That helps franchisees expand their business by building relationships with different contractor companies. The company’s national relationship program includes BP Environmental, 911 Restoration, and Paul David Systems.
Franchisees also receive extensive and thorough training, from a welcome phone call overview to live class training to location operation training. They won’t leave you in the dark once you get started, either. The support team will call you regularly to see how you’re doing, attend a business development conference with you, and give you the option to join a peer performance group.
What Might Make a Bin There Dump That a Good Choice?
Bin There Dump That bases your initial franchise costs on your area’s population and median family income. But don’t think that going smaller will get you the bigger deal. The company wants franchisees who are ready to build their business over a large area, offering a city builder investment pack. The initial investment includes a franchise fee and other startup costs.
You can also opt for a single territory to keep fees smaller in size. For the first two years, you will pay discounted royalty fees. This is the company’s way of helping your business grow its customer base and establishing itself in the local market. If you need financial assistance, the company partners with third party sources to help you cover the franchise fee, startup costs, equipment, inventory, and payroll. You ultimately will have to pay for their services, but the initial consultation is free.
You should also be prepared for ongoing fees that will include royalty fees, advertising fees, and potential renewal fees. The royalty and advertising fees will likely be based on how many vehicles/trucks you use for the business each month.
Franchisees will also need to meet the company's set net worth and liquid capital requirements. How Do You Start a Bin There Dump That Franchise?
To get started on your Bin There Dump That journey, fill out the franchise inquiry form. Once you’ve decided you are serious about opening a Bin There Dump That franchise, you may schedule a time to speak with a franchise representative. After your phone call, you may attend a 60-75 minute webinar and fill out a request for consideration form.
If the company decides you’re a good fit, you’ll go through a period of due diligence where you’ll speak with other franchisees and attend discovery day. You’ll also undergo a multi-day training session at the company’s headquarters in Oakville, Ontario, Canada. Once you get your containers and trucks, you’ll be ready to start your Bin There Dump That franchise.
About Bin There Dump That
|Related Categories||Dumpster Rentals, Moving/Junk-Removal Services, Miscellaneous Services|
|Parent Company||Bin There Dump That USA LLC|
|Leadership||Mike Kernaghan, CEO|
165 Cross Ave., #303
Oakville, ON L6J 0A9
|Social||Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest|
|Franchising Since||2003 (20 years)|
|# of employees at HQ||19|
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
|# of Units||246 (as of 2023)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Bin There Dump That franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
|$29,000 - $55,000|
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$116,200 - $235,400|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
|$75,000 - $180,000|
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|Royalty fee on first truck waived for first year|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing||Bin There Dump That has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
|On-The-Job Training||24 hours|
|Classroom Training||60 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||2-4|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Bin There Dump That landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Bin There Dump That ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to Bin There Dump That.
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