
redbox+ Dumpsters
Construction dumpsters with attached portable restrooms- 2023 Franchise 500 Rank
-
#162 Ranked #183 last year
- Initial investment
-
$646K - $748K
- Units as of 2022
-
281 183.8% over 3 years
Company Overview
About redbox+ Dumpsters
- Industry
- Services (Other)
- Founded
- 2007
- Parent Company
- Belfor Franchise Group
- Leadership
- Tim Fagan, Brand President
- Corporate Address
-
731 Fairfield Ct.
Ann Arbor, MI 48108
Business Overview
- Franchising Since
- 2014 (9 years)
- # of employees at HQ
- 22
- Where seeking
-
This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 281 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a redbox+ Dumpsters 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
- $59,500
- Initial Investment
- $646,177 - $748,313
- Net Worth Requirement
- $500,000
- Cash Requirement
- $250,000
- Veteran Incentives
- 20% off first-unit franchise fee
- Royalty Fee
- $19.50/box/wk.
- Ad Royalty Fee
- $2/box/wk.
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- redbox+ Dumpsters has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
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
- 10.75 hours
- Classroom Training
- 16.75 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- Yes
- # of employees required to run
- 1-2
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like redbox+ Dumpsters? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where redbox+ Dumpsters landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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