- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$372K - $492K
- Units as of 2024
-
519 16.4% over 3 years
Smash My Trash is an American waste reduction company. The company has provided mobile and innovative waste compaction services since 2016. They pride themselves on reducing waste by compacting commercial waste volume up to 70%.
As you run your Smash My Trash franchise, you’ll work with a team of professionals whose primary job is to streamline the waste reduction process.
Since beginning to franchise in 2018, Smash My Trash has quickly expanded to over 150 franchises in the United States. It is actively seeking to expand its reach even further.
Why You May Want To Start a Smash My Trash Franchise
The perfect candidate for a Smash My Trash franchise has a passion for business and making life easier for the community around them. Smash My Trash is dedicated to offering its clients a stress-free and simple waste removal system. The brand wants its customers to know each step of the process and feel comfortable. They strive to eliminate hidden costs. Your Smash My Trash franchise should be a part of this culture and be built on the same principles.
Smash My Trash believes it is an environmentally friendly business that is a great asset to help create an environmentally conscious society. You may be able to rest easy knowing that your company is not contributing to a growing global carbon footprint.
Opening a Smash My Trash franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
What Might Make a Smash My Trash Franchise a Good Choice?
Owning a Smash My Trash franchise will give you a market share in the billion-dollar waste management industry.
To be part of the Smash My Trash team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees.
How To Open a Smash My Trash Franchise
As you decide if opening a Smash My Trash franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Smash My Trash franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement with Smash My Trash, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Smash My Trash franchising team questions.
If awarded a Smash My Trash franchise, franchisees receive a great deal of support from the Smash My Trash brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and more. Franchisees with Smash My Trash also receive hands-on training and continued support after their franchise location has opened.
Company Overview
About Smash My Trash
Industry | Services (Other) |
---|---|
Related Categories | Miscellaneous Services |
Founded | 2016 |
Parent Company | Smash Franchise Partners LLC |
Leadership | Justin Haskin, CEO |
Corporate Address |
535 W. Carmel Dr. Carmel, IN 46032 |
Social | Facebook, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2018 (6 years) |
---|---|
# of employees at HQ | 28 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 519 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Smash My Trash 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
|
$49,500 |
---|---|
Initial Investment
|
$372,050 - $492,200 |
Net Worth Requirement
|
$600,000 |
Cash Requirement
|
$300,000 |
Veteran Incentives
|
10% off first-unit franchise fee |
Royalty Fee
|
8% |
Ad Royalty Fee
|
1% |
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 | Smash My Trash has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
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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 |
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Classroom Training | 22 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email 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 | 2 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Smash My Trash landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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