Franchise Deep Dive: Bin There Dump That Franchise Costs, Fees, Profit and Data

The junk removal industry is booming. Is this Canada-born dumpster rental franchise more than just a clever name?

By Luca Piacentini1851 Franchise Managing Editor

9:09AM • 05/02/23

LAST UPDATED: March 15, 2023

FRANCHISE WEBSITE: https://bintheredumpthatfranchise.com/

NUMBER OF LOCATIONS: 227

REPORTED COST TO GET IN: $75,000–$260,000

REPORTED ROI (Item 19): $273,595 (Average Revenue Per Truck)

Bin There Dump That is a dumpster rental franchise with locations throughout North America. The company aims to be the “innovator of clean, accessible, and compact containers, doing dumpster rentals like no one else.”

How Many Bin There Dump That Locations Are There?

Bin There Dump That was founded in 2002 by Mark Crossett in Toronto, Canada. Crossett was working as a general contractor when he saw that there was a need for a better way to get rid of construction demolition waste. He developed a more “residential friendly dumpster” that was strong enough to remove demolition waste or residential trash.

In 2004, Crossett met Mike Kernaghan, and the two teamed up to franchise the Bin There Dump That concept. After a few years, John Ferracuti joined the company as COO and helped fuel Bin There Dump That’s growth in Canada. In 2011, the company opened its first franchise in the United States.

In 2021, Bin There Dump That opened its 200th franchise and currently has 227 locations across North America. The brand has consistently ranked in Entrepreneur’s “Franchise 500” (No. 163 on this year’s list) and has won many Franchise Business Review awards, including “Top Low-Cost Franchise,” “Top Recession-Proof Franchise,” “Best Franchise Culture” and “Top 2021 Franchise.”

What Is the Bin There Dump That Business Model?

Bin There Dump That franchisees help customers who are moving or downsizing, cleaning up their homes, renovating, and dealing with environmental and disaster remediation. Containers range from four to 20 yards and can fit into small spaces. They never sit directly on the ground, which protects customer’s driveways from accidental damage.

Bin There Dump That helps franchisees expand their business by building relationships with different contractor companies. The company’s national relationship program includes BP Environmental, 911 Restoration and Paul David Systems.

How Much Can Bin There Dump That Franchise Owners Make?

Presented below are historical operating results for certain franchised Bin There Dump That Businesses. The results in the table below are for the 2020 fiscal year (January 1, 2020 to December 31, 2020) and were prepared from Bin There Dump That’s internal operating records, which, in turn, were prepared with information obtained from U.S franchisees of Bin There Dump That’s. The results are from franchisees who operated for any part of 2020, with the exception of one franchisee in Fredericksburg, Virginia, that did not report results to Bin There Dump That in 2020. The information presented in this Item 19 has not been audited.

2020 Total Sales and Jobs

All Locations

Number of Locations: 246
Total Revenue for All Locations: $64,970,241
Total Jobs for All Locations: 164,985
Average Revenue Per Job: $394
Average Revenue Per Truck: $273,595

2020 Revenue Per Truck by Location Age

Aged 0–2

Number of Locations: 29
Average Revenue Per Truck: $244,148
Number That Met or Exceeded Average: 19 out of 29 (or 66%)
Low Revenue Per Truck: $140,877
Median Revenue Per Truck: $254,158
High Revenue Per Truck: $333,518

Aged 2–5

Number of Locations: 87
Average Revenue Per Truck: $283,152
Number That Met or Exceeded Average: 49 out of 87 (or 56%)
Low Revenue Per Truck: $180,210
Median Revenue Per Truck: $284,749
High Revenue Per Truck: $407,612

Aged 5+

Number of Locations: 130
Average Revenue Per Truck: $281,394
Number That Met or Exceeded Average: 84 out of 130 (or 65%)
Low Revenue Per Truck: $136,177
Median Revenue Per Truck: $282,200
High Revenue Per Truck: $403,813

All Locations

Number of Locations: 246
Average Revenue Per Truck: $273,595
Number That Met or Exceeded Average: 147 out of 246 (or 60%)
Low Revenue Per Truck: $136,177
Median Revenue Per Truck: $270,789
High Revenue Per Truck: $407,612

2020 Total Jobs, Jobs Per Truck, and Total Trucks by Location Age

Aged 0–2

Number of Locations: 29
Total Completed Jobs: 14,668
Total Trucks: 29
Yearly Jobs Per Truck: 444

Aged 2–5

Number of Locations: 87
Total Completed Jobs: 52,186
Total Trucks: 87
Yearly Jobs Per Truck: 652

Aged 5+

Number of Locations: 130
Total Completed Jobs: 98,131
Total Trucks: 130
Yearly Jobs Per Truck: 727

All Locations

Number of Locations: 246
Total Completed Jobs: 164,985
Total Trucks: 246
Yearly Jobs Per Truck: 662

How Much Does It Cost to Open a Bin There Dump That?

According to the brand’s website, there are two investment models available with Bin There Dump That:

Single-Territory Investment

Investment required is approximately $150K
Startup costs: $75K covers franchise fees, equipment leasing down payments, training costs, etc.
Opportunity capital: $75K required to add equipment to support growth
Single-territory franchises will have a minimum of 100K single-family homes
A population base of 350K–450K is typically required to achieve an area of 100,000 single family homes
You can expect to pay approximately $38K–$42K in franchise license fees (included in the total investment amount)
A market preview is provided for the territory that you’re exploring

2. City Builder Investment

Investment required is approximately $350K
Startup costs: $180K to $260K includes the franchise fee, equipment leasing down payments, training costs, etc.
Opportunity capital: $130K to $210K required to add equipment to support growth
City Builder franchise territories will have a minimum of 350,000 single-family homes
A minimum net worth of at least $500K and a minimum credit score of 740 is required
The total capitalization
You can expect to pay $120K in franchise license fees (included in the total investment amount)

What Is the Franchise Fee for Bin There Dump That?

Bin There Dump That bases the initial franchise costs on an area’s population and median family income. This can range from $38,000 to $120,000, depending on the territory.

Who’s On Bin There Dump That’s Leadership Team?

Mike Kernaghan—CEO/President
John Ferracuti—CDO/COO
Mike Pocrnic—CFO
Greg Yon—Senior VP of Operations
Leticia Wilson—Franchise Development Specialist

What Helpful Articles Can I Read to Learn More About Bin There Dump That?

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: Bin There Dump That Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS