Franchise FAQ

how much is a got junk franchise

by Devin Bahringer Published 2 years ago Updated 1 year ago
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How much does a 1-800-GOT-JUNK? franchise cost?

  • Initial Franchise Fee: $65,000
  • Total Investment: $161,000 to $243,330
  • Working Capital: $56,200 to $71,080
  • Royalty Fee: 8.0%

Franchise Cost
Franchise Cost
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
https://en.wikipedia.org › wiki › Franchise_fee
/ Initial Investment / 1-800-GOT-JUNK? Franchisees must have at least $90,000 in liquid assets. The initial franchise fee is $30,000, though the total investment runs from between $107,400 - $140,400. An ongoing royalty fee of 8% is also tacked on to each franchise's earnings.

Full Answer

How much does 1-800-GOT-JUNK?

How much does 1-800-GOT-JUNK? cost? On average, 1-800-GOT-JUNK? costs about $600 for a full truck’s worth of junk and around $400 for half a truck. If you’re just getting rid of one item, your price will depend on how bulky and heavy that item is.

How much does it cost to get rid of junk?

Expect to pay a minimum of $99 for a load with a maximum price of approximately $700 for filling a whole truck. If your junk is particularly dangerous or cumbersome to lift, this total could be higher. You can shave $10 off the total by booking your quote or removal appointment online.

Is 1 800 got junk a good company?

Bottom line: 1-800-GOT-JUNK helps you clear clutter without a lot of fuss thanks to its same-day service, 24/7 customer support, and widespread availability. 1-800-GOT-JUNK is a full-service junk removal company that hauls nearly anything you don’t want from your home and disposes of it properly.

What is the largest junk removal company in the world?

Fast-forward two decades and 1-800-GOT JUNK? is the world's largest junk removal company. Franchises are virtually * sold-out in every big city and town in the US, Canada and Australia. Dozens upon dozens of millionaires have made their fortunes in our company.

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How 1800 Got Junk started?

1989, Vancouver, Canada1-800-GOT-JUNK? / Founded

Who owns 800 GOT JUNK?

O2E Brands1-800-GOT-JUNK? / Parent organization

How many franchises 1800 GOT JUNK?

130 franchisesBrian Scudamore has successfully scaled this innovates junk removal services to currently 130 franchises across the United States.

How many got junk locations are there?

1-800-GOT-JUNK? has 160+ franchise locations and over 1,500 active trucks in their fleet servicing all major metros in the USA, Canada, and Australia.

Who is the girl in the GOT junk commercial?

Katie Rhee is known for Good Guys Finish Last (2009), You've Got Junk Mail (2009) and K-Town (2009).

How big is 1-800-GOT-JUNK?

10 feet x 8 feet x 5 feetEach 1-800-GOT-JUNK? truck is 10 feet x 8 feet x 5 feet, which is about the size needed to fit a full studio's worth of stuff or the items from a small one bedroom apartment.

Is 1-800-GOT-JUNK a franchise?

Franchise Cost / Initial Investment / 1-800-GOT-JUNK? Franchisees must have at least $90,000 in liquid assets. The initial franchise fee is $30,000, though the total investment runs from between $107,400 - $140,400. An ongoing royalty fee of 8% is also tacked on to each franchise's earnings.

How did GOT JUNK get started?

In 1989, college student Brian Scudamore encountered a tight summer job market in his hometown of Vancouver, Canada. So, after seeing an old, junk-hauling truck rumbling along a McDonald's drive-thru, he was inspired to start his own business.

Who owns GOT JUNK?

O2E Brands1-800-GOT-JUNK? / Parent organization

How old is Brian Scudamore?

52 years (March 16, 1970)Brian Scudamore / Age

Where are the headquarters of 1-800-GOT-JUNK?

Vancouver, Canada1-800-GOT-JUNK? / Headquarters

How did GOT JUNK get started?

In 1989, college student Brian Scudamore encountered a tight summer job market in his hometown of Vancouver, Canada. So, after seeing an old, junk-hauling truck rumbling along a McDonald's drive-thru, he was inspired to start his own business.

Company Details

Established: 1989 First Unit Franchised: 1999 Franchised Units: 152 Company Owned Units: 3 States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Hawaii - HI, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, New York - NY, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI Canada Franchises: Yes International Franchises: NO.

Franchises Similar to 1-800-GOT-JUNK?

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Section I – Background Information

1. In mid-July 2021, 1-800-Got-Junk? said that it has experienced unprecedented growth in recent years as the company continues to set the bar for customer satisfaction and professional excellence in the junk removal industry.

Section II – Estimated Costs

Detailed estimates of 1-800-Got-Junk? franchise costs, based on Item 7 of the company’s 2021 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

Detailed information on 1-800-Got-Junk?’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2021 FDD.

Section V – Financial Performance Representations (Item 19, 2021 FDD) and Analysis

The following table presents the average gross sales realized by certain 1-800-Got-Junk? franchisees as of December 31, 2020.

What is the minimum revenue for a franchise for 1-800-GOT-JUNK?

Franchises are also expected to hit a minimum revenue of $100,000 in its first year. Franchises who do not meet this goal are given a full refund.

When was 1-800-GOT-JUNK founded?

1-800-GOT-JUNK? Franchise Opportunities - History. Founded in Vancouver in 1989, 1-800-GOT-JUNK? was the product of Brian Scudamore’s belief that he could haul trash away in a more efficient manner than the current market.

What is 1-800-GOT-JUNK?

1-800-GOT-JUNK? ensures that all “junk” that can be reused in some manner gets appropriately donated to charity or recycled in an effort to not be wasteful. The company is proud to report having saved 1.5 billion pounds of junk from landfills since its operation first began.

What is a franchise for junk removal?

Franchise Description: 1-800-GOT-JUNK? LLC is the franchisor. The franchisor offers franchises for the operation of retail junk removal businesses under the name “1-800-GOT-JUNK?” The system includes proprietary software, brand development, training, marketing programs and access to the exclusive service of the call center and online booking system, as well as the mark “1-800-GOT-JUNK?” and related marks.

Where is the Got JUNK training?

All training takes place at 1-800-GOT-JUNK?’s principal offices in Vancouver, British Columbia over the course of five business days. Each day of training will begin at approximately 8:00 AM and will end at 5:00 PM.

How many hours does a franchisee have to work?

The principal operator must devote his or her full time, attention and effort to the franchised business at least 40 hours per week. Franchisees must operate the franchised business and perform all services in accordance with the operating guidelines and quality standards the franchisor establishes.

What are the obligations of a franchisor?

Obligations and Restrictions: The franchisor requires that the franchised business be under the direct supervision at all times of a person who owns at least a minimum beneficial share ownership in the franchised business, as specified in the Franchise Agreement (the “principal operator”).

Does Franchise Direct sell your information?

Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.

Does franchising offer financing?

Financial Assistance: The franchisor generally does not offer financing. However, the franchisor may, in its sole discretion, allow the franchisee to pay the initial franchise fee with respect to some of the subterritories in equal monthly installments without interest if payments are timely made. The franchisor does not guarantee any debts, leases or other obligations for franchisees. While not obligated to do so, the franchisor may, in its discretion, introduce franchisees to third party financing sources that may, if they meet their qualifications, supply financing options for items required as part of the initial investment.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Are there any 1-800-GOT-JUNK? franchise opportunities near me?

Based on 2019 FDD data, 1-800-GOT-JUNK? has franchise locations in 42 states. The largest region is the South with 40 franchise locations.

Is 1-800-GOT-JUNK a painting business?

It’s not about the fact that it’s a painting business. It’s about a market that is ripe for disruption, and our fast path to profitability and explosive growth. With the proven systems that made 1-800-GOT-JUNK? a multi-million-dollar brand, you’ll leverage your leadership and business skills to build a great team, WOW your customers... and create a legacy.

Is Shack Shine a franchise?

As a Shack Shine franchise owner you’ll have multiple recurring revenue streams, meaning jobs on your schedule all year round. Don't waste your best years making someone else rich. Shack Shine gives you the opportunity to be a boss right now.

How much does 1-800-GOT-JUNK cost?

On average, 1-800-GOT-JUNK? Charges about $600 to haul a full truck’s worth of junk and around $400 for half a truck. If you’re just getting rid of one item, your price will depend on how bulky and heavy that item is. A sofa will probably cost more than a small dresser, for example.

How to know how much junk removal service is?

The only way to know how much your junk removal service will cost is to schedule an in-person appraisal of your junk. When you book your appraisal, the junk removal team will come to take a look at everything you’re tossing then give you a binding price.

What services does 1-800-GOT-JUNK? offer?

Is this list missing the item you’re trying to get rid of? Chances are good that 1-800-GOT-JUNK? will still take it. Call the company’s 24/7 customer service line to make sure it’ll take your junk off your hands.

Why we recommend 1-800-GOT-JUNK?

Now that we’ve addressed 1-800-GOT-JUNK?’s pricing and services , let’s talk a little more about what we really like about the company.

What is a 1-800-GOT-JUNK?

1-800-GOT-JUNK? is a full-service junk removal company that will haul and dispose of just about anything you could want to throw away (except for hazardous materials). From broken hot tubs to old mattresses, if you don’t want it, 1-800-GOT-JUNK? will take it and you won’t have to lift a finger.

How long does it take for a junk removal team to arrive?

The team will give you a 15- to 30-minute heads-up of their arrival time within your scheduled two-hour window. Once at your home, the team does an up-front estimate on the spot. If you like the price, the team can haul the junk away immediately—they’ll even clean the area when they’re done.

How to book junk removal in the same day?

To book your same-day junk removal online, simply enter your zip code and address, pick a time slot for the current day, and describe your junk. The team will give you a 15- to 30-minute heads-up of their arrival time within your scheduled two-hour window. Once at your home, the team does an up-front estimate on the spot.

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