How Much Does Owning a VaVia Franchise Cost and How Much Can I Make?
The mobile dumpster rental franchise offers an attractive opportunity for entrepreneurs.
VaVia, an emerging small-haul dumpster rental franchise filling a need for tech-forward convenience, has been steadily growing since the brand launched franchising opportunities in 2019. The dumpster rental segment has seen increasing demand, making this a lucrative industry.
If becoming a member of the VaVia family sparks your interest, one of the first things that may go through your mind is the financial aspect of franchising. How much does it cost to invest in the brand? How much can you make as a VaVia business owner?
Data shows the opportunity can lead to a significant return on investment.
“We are a blossoming brand that is growing fast, and entrepreneurs have the opportunity to get in at the ground floor,” said Phillip Nappi, co-founder and president of VaVia. “We are proud of how far we’ve come, and we are excited to partner with more franchisees as we expand the brand across the country and offer them the chance to enter the booming $60 billion waste management industry.”
According to VaVia’s 2022 FDD, the initial investment to open a franchise territory for operation ranges from $121,639 to $419,323. This includes the initial franchise fee of $49,500 that must be paid to the franchisor or its affiliates, as well as costs like training expenses, advertising, service vehicle, registration and taxes, real estate, equipment and containers, software, supplies and licensing.
It does not take long before franchise owners see some of their money back in profits. This much-needed service brings in high revenue numbers for existing franchisees. VaVia’s FDD also shows that owners brought in an average of $3,216,623 in revenue in 2021.
And that number has grown considerably each year. The average profits in 2020 were $2,156,773 per territory; in 2019, the average revenue was $958,522. That 235.58% increase in revenue since starting franchise operations shows the promise of VaVia’s services.
“In the three years since launching our franchise opportunity, we’ve grown and now have 11 franchisees signed throughout the Southeast, including owners in Alabama, Georgia, South Carolina, North Carolina, Texas and Tennessee. We are excited to continue that momentum with new franchisees as we position VaVia as a top brand in the industry,” said Nappi.
The total cost to invest in VaVia ranges from $121,639 to $419,323 per territory. To learn more about franchising with VaVia, visit: https://www.ownavavia.com/
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