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LAST UPDATED: August 17, 2023 FRANCHISE WEBSITE:&nbsp;<a href="https://www.1800gotjunk.com/us_en/franchise/business-opportunity?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">www.1800gotjunk.com/us_en/franchise/business-opportunity</a> NUMBER OF LOCATIONS:&nbsp;200+ REPORTED COST TO GET IN:&nbsp;$161,000 –&nbsp;$243,330 REPORTED ANNUAL SALES: $1,217,332 – $2,562,510&nbsp;<a href="https://www.1800gotjunk.com/us_en/franchise/business-opportunity?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">1-800-GOT-JUNK?</a> has long been a trusted name for consumers who need a company to remove their unwanted items. But in recent years, more and more businesspeople are taking note of the brand for its attractive opportunity as a franchise. With more than 200 units in operation today, the company stands as a strong staple of the industry, amongst other concepts like<a href="https://www.collegehunkshaulingjunk.com/franchising/investment-info/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow"> College HUNKS Hauling Junk &amp; Moving</a>,&nbsp;<a href="https://bintheredumpthatfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Bin There Dump That</a> and&nbsp;<a href="https://franchise.twomenandatruck.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Two Men and a Truck.</a><h3>How Many 1-800-GOT-JUNK? Locations Are There?</h3>As of August 2023, 1-800-GOT-JUNK? has more than 200 units. <a href="https://www.prnewswire.com/news-releases/1-800-got-junk-growing-their-business-and-their-teams-at-an-unprecedented-rate-301335345.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">The company claims</a> that, at any given time, there are 1,500 trucks and 5,000 team members on the road.The waste removal service brand is based out of Vancouver, British Columbia, and operates franchises in Canada, the United States and Australia.&nbsp;<a href="https://web.archive.org/web/20160917070300/http://www.1800gotjunk.com/sites/default/files/prkit_2016_northamerica.pdf?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267#" target="_blank" rel="nofollow">It was started in 1989 by then-college student Brian Scudamore,&nbsp;</a>who had an idea for a company and about $700. The franchise is owned by Scudamore’s&nbsp;<a href="https://www.o2ebrands.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">O2E Brands</a> umbrella company.1-800-GOT-JUNK? has been franchising since 1999, when the first location in Toronto opened. Two years later, the brand had a double-digit presence in North America.&nbsp;The number of franchises in the United States has remained fairly steady over recent years, although it is growing slowly. As of 2022, there were 133 franchisee-owned units. 1-800-GOT-JUNK? Began opening corporate-run units in 2019 and currently has five company-run units and counting.<h3>What is the 1-800-GOT-JUNK? Business Model?</h3>The brand offers junk removal franchises under the 1-800-GOT-JUNK? name. Owners have access to “proprietary software, brand development, training, marketing programs and access to the exclusive service of the call center and online booking system,”&nbsp;<a href="https://www.franchisedirect.com/directory/1800gotjunk/ufoc/1654/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">according to Franchise Direct</a>.Franchisees sign on for a protected territory consisting of a minimum of eight “subterritories” with populations of 62,500 to 75,000 people. The length of the initial franchise agreement is five years, and owners in good standing can renew for three additional five-year terms.<h3>How Much Can 1-800-GOT-JUNK? Franchise Owners Make?</h3>The financial performance representations in&nbsp;<a href="https://www.franchimp.com/?page=pdf&amp%3Bf=104631_2020.pdf&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Item 19 of 1-800-GOT-JUNK?’s 2020 Franchise Disclosure Document</a> reported the average gross sales from a collection of franchisees as of December 31, 2019: 129 from the United States, 20 from Canada and five from Australia. The brand broke down reporting groups by the length of business operations.Average Gross Sales for 12 Months:<ul><li>Owners open 12 to 24 months: $2,205461</li><li>Owners open 24 to 36 months: $1,825,015</li><li>Owners open 36 to 48 months: $1,217,332</li><li>Owners open 48 to 60 months: $1,646,543</li><li>Owners open 60 to 72 months: $2,522,623</li><li>Owners open 72+ months: $2,562,510</li></ul>While 1-800-GOT-JUNK? does not provide further data on how much net income franchise owners make from those yearly sales,&nbsp;<a href="https://www.careerbliss.com/1-800-got-junk/salaries/franchise-owner/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Career Bliss estimates</a> that franchisees with the brand make about $91,000 annually, which is 41% higher than the average franchise owner.&nbsp;<h3>How Much Does it Cost to Open a 1-800-GOT-JUNK??</h3>The total investment necessary to begin the operations of a 1-800-GOT-JUNK? franchise varies between $161,000 to $243,330. This is due to the differences in fees depending on how many sub territories an investor signs on for and how large the service area is.The following costs involved in the initial investment are ranges for eight to 12 sub-territories:<ul><li>Initial Marketing: $25,000</li><li>Computer Hardware and Software: $1,500 – $4,000</li><li>Miscellaneous Opening Costs: $5,000 – $15,000</li><li>Equipment; Lease/Purchase Deposit: $0 – $10,000</li><li>Real Estate/Rent: $1,200 – $5,000</li><li>Local Marketing - 3 Months: $3,600&nbsp;</li><li>Insurance: $2,000 – $8,000</li><li>Training Expenses: $1,500 – $4,150</li><li>Additional Funds - 6 Months: $58,000 – $73,000</li></ul>Ongoing Costs and Fees include:<ul><li>Royalty: 8% of gross revenue.</li><li>Sales and Marketing Center Fee: 8% of gross revenue</li><li>Branding Cooperative: Up to 5% of gross revenue</li><li>Annual Conference: $1,500 to $2,000 plus costs associated with attendance.</li></ul><h3>What is the Franchise Fee for 1-800-GOT-JUNK?</h3>The franchise fee for a 1-800-GOT-JUNK territory depends on how many subterritories the owner signs for. According to the 2020 FDD, each subterritory has a franchise fee of $8,125, with a minimum number of eight bringing the lowest franchise fee to $65,000. If an investor signs for 12 subterritories, the franchise fee will be $90,000.<h3>Who is the Leadership of 1-800-GOT-JUNK?</h3><ul><li><a href="https://ca.linkedin.com/in/scudamore?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Founder &amp; CEO: Brian Scudamore</a></li><li><a href="https://ca.linkedin.com/in/erikchurch?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">President: Erik Church</a></li><li><a href="https://ca.linkedin.com/in/jamesalisch?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Managing Director: James Alisch</a></li><li><a href="https://ca.linkedin.com/in/owengormley?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Chief Operating Officer: Owen Gormley</a></li><li><a href="https://www.linkedin.com/in/lynda-rose1?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAABH5vyQBZHk4KEm1QcuUImn_nQBFxWwS2Sk&amp%3Blipi=urn%3Ali%3Apage%3Acompanies_company_people_index%3B66a9cab9-0bcf-46f8-8b1e-271a99e11a04&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Chief People Officer: Lynda Rose</a></li><li><a href="https://www.linkedin.com/in/kim-bauer-8ba31030?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">VP of Marketing: Kim Bauer</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About 1-800-GOT-JUNK?</h3><ul><li><a href="https://www.1800gotjunk.com/us_en/franchise/business-opportunity?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Junk Removal Business &amp; Franchise Opportunities</a></li><li><a href="https://www.franchisegator.com/franchises/1-800-got-junk/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">Start a 1-800-GOT-JUNK? Franchise, 2022 Costs &amp; Fees</a></li><li><a href="https://www.youtube.com/watch?v=4S4XjItuWfc&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">1-800-GOT-JUNK? Franchise Review (2020 FDD Review</a>)</li><li><a href="https://www.franchisechatter.com/2022/01/04/fdd-talk-how-much-does-a-1-800-got-junk-franchise-make-average-revenues-and-or-profits/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">How Much Does a 1-800-Got-Junk? Franchise Make&nbsp;</a></li><li><a href="https://www.franchimp.com/?page=pdf&amp%3Bf=104631_2020.pdf&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-1-800-got-junks-franchise-costs-fees-profit-and-data-2721267" target="_blank" rel="nofollow">2020 Franchise Disclosure Document for 1-800-GOT-JUNK?</a></li></ul> Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: 1-800-GOT-JUNK?'s Franchise Costs, Fees, Profit and Data

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The saying ‘one man’s trash is another man’s treasure’ certainly is true for owners of junk removal businesses.

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Franchise Deep Dive: 1-800-GOT-JUNK?'s Franchise Costs, Fees, Profit and Data

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