VaVia’s Recession-Resistant Business Model Leads to Continued Revenue Increases

With the U.S. economy entering into a recession, most people find themselves reevaluating job security and their financial status. Proven by past economic downturns, economic apprehension and fear of job loss have actually led individuals to consider taking their success into their own hands with entrepreneurship.

That is why franchising often works countercyclically to downward trends in the economy. Past recessions have shown that franchise systems with proven models and a large network of support have come out strong on the other end. The dumpster rental industry, including small haul franchise VaVia, is one such market that remains strong in the face of financial trouble. 

IBIS World recently reported that the dumpster rental industry is worth an estimated $506 million in the United States, with a market growth of about 2.7% annually over the last five years. The industry is currently outpacing the growth of the economy overall.

“History shows that franchises perform well in a recession and that the dumpster rental industry remains strong as well,” says James Vick, Franchise Development Manager for VaVia. “The business model that we have set up and this solid state of the industry mean we’re prepared to weather any economic storm. VaVia is well-positioned to remain successful despite a recession.”

Demand for dumpster rental services will never cease. In fact, the opposite can occur, and the need for companies like VaVia can increase even during nationwide recessions. For example, increasing foreclosure/bankruptcy rates lead to the need for property clearouts, and homeowners opt to renovate and upgrade their current residence rather than buy a new home. Both of these factors bring an influx of business for VaVia.

Vavia’s particularly recession-resistant business model for franchise ownership has gained increasing interest from entrepreneurs in 2022 as the economy began its downward slope. Recent agreements have been signed for territories in Tampa, Florida, Dallas/Fort Worth region of Texas, and Orlando. 

From a customer standpoint, the company has celebrated major successes with revenue this year. Gross sales grew 14% from Q2 to Q3 and are up 51% since the start of 2022. The brand also hit a major milestone this year: $1 million in one month in total franchise revenue.

Regardless of inflation for services, VaVia offers franchise owners the opportunity to have a profitable, tech-forward business that brings in high returns and allows for recurring revenue streams. 

“We are confident in how sturdy our model is,” said Vick. “Our operators are experiencing growth and success regardless of a recession. We are very proud of VaVia’s resilient concept model.”

The total cost to invest in VaVia ranges from $121,693 to $419,323 per territory. To learn more about franchising with VaVia, visit www.ownavavia.com.

ABOUT VAVIA:

VaVia, the emerging small-haul dumpster rental franchise, aims to change the way both business owners and their customers see the dumpster business while capitalizing on growing demand in the industry. Designed to satisfy an unfulfilled need for tech-forward convenience and professionalism in the segment, VaVia (Italian for “it goes away”) has become the premier player in the growing dumpster rental industry. Now, as residential and commercial construction picks up following the COVID-19 pandemic, the brand is gearing up for major franchise growth in markets across the country like Texas, Florida, Colorado and Arizona. To learn more about franchising with VaVia, please visit www.ownavavia.com.