Do you want to open a business with a Janitorial background? 1-800-GOT-Junk Franchise is one of the best options you can consider for this.
In this article, we will discuss the 1-800-GOT-Junk Franchise and other factors like its profit, expenses, cost, fees, and so on.
We will also guide you on how to become a part of 1-800-GOT-Junk and earn a profit. So, let’s get started.
In 1998, 1-800-GOT-Junk was founded by Brain Scudamore in Vancouver, British Columbia.
He got the idea of removing Junk for commercial and residential places when he was waiting in line at McDonald’s Drive-Thru, where he saw a beat-up junk truck.
Seeing all this, he got an idea, bought the truck, and started his own junk removal service to fulfill his basic needs.
Today, his idea is known nationwide, and currently, it has a comprehensive network of 170 plus franchisees across North America.
After one year of establishment, 1-800-GOT-Junk started offering its franchising. And the best part about the 1-800-GOT-Junk Franchise is that they never require any prior experience and also provide the initial training program.
Also, they do not offer direct financing options, but there are a few advantages provided by the franchisors, which is helpful for the franchisees to enhance the business growth.
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1-800-GOT-Junk Franchise Model
|Initial Investment||$90,000 – $150,000|
Training Of 1-800-GOT-Junk Franchise
1-800-GOT-Junk provides an initial training program, and it’s compulsory for the principal operator and one other person (it can be an officer, shareholders, or another director) to attend the training program for the satisfaction of the franchisors.
The training program consists of both in-field training and class training. We are not sure about the duration of the training program, but the training program is held at the principal office of 1-800-GOT-Junk Vancouver, British Columbia.
Term & Renewal Of the Agreement
The initial length of the franchise agreement is 5 years. After the completion of the initial term of the agreement, franchisees can renew the term of the agreement for three additional five-year terms.
But the renewal is only possible if requirements are met within the term. Otherwise, the renewal will not be possible.
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1-800-GOT-Junk does not offer a direct franchise option, and also, the franchisors don’t guarantee any leases, debt, or other obligations.
However, they allow third-party financing sources only if the franchisees meet their qualification and supply financing options for items required as part of the initial investment.
Subsequently, they also allow franchisees to pay the initial franchisee fee in monthly installments without interest if payments are timely made.
|Initial Investment||$90,000 – $150,000||$86,500|
|Annual Revenue||$5 Million||$69 Million|
Frequently Asked Question
How many 1-800-GOT-Junk franchises are there?
1-800-GOT-Junk has more than 170 units across the U.S.
How much does it cost to own the 1-800-GOT-Junk Franchise?
An initial investment required to open a 1-800-GOT-Junk Franchise is $90,000 – $150,000.
Does the 1-800-GOT-Junk franchise offer finance?
Yes, 1-800-GOT-Junk franchisee offers third-party finance.
Where is 1-800-GOT-Junk headquarters?
Vancouver, British Columbia.
Is 1-800-GOT-Junk a franchise?
Yes, 1-800-GOT-Junk is a franchise organization.
How much does the 1-800-GOT-Junk franchise cost?
The franchise fee for 1-800-GOT-Junk is $65,000-$97,500, and the total estimated investment is $90,000 – $150,000.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.