1-800-GOT-JUNK is a franchise available in the United States to qualified individuals to operate a retail junk removal business in the home services industry. The company’s founder and CEO, Brian Scudamore, created a unique system for running and franchising junk removal companies. It includes access to the exclusive call center and online booking system service, brand creation, training, marketing initiatives, and proprietary software.
The Home Services Market size was valued at USD 370.86 Million in 2021 and is projected to reach USD 1,826.35 Million by 2030, growing at a CAGR of 21.14% from 2022 to 2030.
What is the 1-800-GOT-JUNK?
Designed to collect trash from residences and businesses, 1-800-GOT-JUNK is a garbage collection service. The employees at 1-800-GOT-JUNK will remove anything from furniture to yard debris from the property as long as it will fit in the truck and will do it while leaving the area tidy.
In 1989, Brian Scudamore started the company 1-800-GOT-JUNK. In search of summer employment, Scudamore, a college student at the time, started this business. He later started selling franchises in 1998 when his business flourished. The business has multiple locations across both Canada and the United States and has its corporate headquarters in Vancouver, British Columbia, Canada. The Oprah Show, CNN, and MSNBC, among other well-known media outlets, have all given 1-800-GOT-JUNK extensive media coverage.
Is 1-800-GOT-JUNK A Franchise Opportunity?
Yes, 1-800-GOT-JUNK is a franchise opportunity. You can inquire about franchising at 1-800-GOT-JUNK if you are interested. Take your time to research the possibility while you determine whether you want to start a 1-800-GOT-JUNK franchise. Study the brand and your local area to discover if a franchise might do well in your community.
After learning more about the opportunity and deciding to move forward with the process, submit a short 1-800-GOT-JUNK form to show your interest. If a member of the franchise development team believes you are a good fit for the brand, they may get in touch with you to begin the franchise application process.
|1-800-GOT-JUNK Plumber and Repair Franchise Review and Information|
|Industry Type||Services Franchises|
|Sub Category||Home Cleaning Services|
|Founder/Management Head||Brian Scudamore|
|Employees at Company H.O||300|
|Franchise Expansion Plan||US, Canada, New Zealand/Australia|
|Number of Units||165|
|Number of Franchise Units|
|Social Media Handles|
|Company Office location||301-887 Great Northern Wy.Vancouver, BC V5T 4T5|
1-800-GOT-JUNK Plumber Franchise Requirements
Franchise requirements to start a 1-800-GOT-JUNK franchise are
- Liquid capital: $15,000-$50,000
- Net worth: $30,000-$50,000
Other costs and prices related to the franchise are provided below in the blog.
How much does a 1-800-GOT-JUNK franchise cost?
The franchise cost of 1-800-GOT-JUNK is $162,800-$245,250 with a franchise fee ranging somewhere between $65,000 and $97,500.
|1-800-GOT-JUNK Franchise Price and Costs|
|1-800-GOT-JUNK Franchise Fee||$65,000 – $97,500|
|1-800-GOT-JUNK Franchise Cost||$162,800 – $245,250|
|Term of Agreement||5 years|
|Is franchise term renewable?||Yes|
|Renewable Franchise Fees||% of Initial Franchise fees|
How much do 1-800-GOT-JUNK franchise owners make?
No data on the prospective earnings of a franchise owner upon having a 1-800-GOT-JUNK franchise is available. However, it is estimated that a franchise owner can earn $44 per hour or $91,000 annually. This amount tends to be 41% higher when compared to the national average for franchise owners.
What is 1-800-GOT-JUNK franchise profit?
$857,030 is the average gross revenue for businesses with between one and two years in operation. After existing for about six years, the average gross revenue is $3,381,443.
According to the performance of 8 franchise locations, franchises that had been in business for 12 to 24 months on average had gross sales of over $2 million. The typical franchisee made more than $1.8 million in gross revenue based on the average gross sales of 6 franchise units for 24 to 36 months.
Franchise owners made more than $2.5 million in revenue per year out of 109 franchisees who had been in operation for more than 72 months. You can anticipate doing extremely well with this franchise in the long run if you can maintain your operations and develop a local clientele.
1-800-GOT-JUNK Training to Franchises
The franchisor offers an initial training program that the principal operator and any additional directors, officers, or shareholders of the organization that the franchisor demands must successfully complete. Both classroom instruction and on-the-job training are included in the training, which covers every component of the business operating system.
During the course of five business days, all training is conducted at 1-800-GOT-JUNK’s principal offices located in Vancouver, British Columbia. Each training day will start at around 8:00 AM and end at 5:00 PM. Prior to starting the operations of the franchised business, in-field training is necessary, which involves shadowing an existing franchise. Usually, it will take two to three business days. The franchisor will conduct a field visit to review field training at the franchisee’s operation within 180 days of the company’s business launch.
Franchisees are obliged to participate in periodic refresher training, service training, management training, and other mandatory training courses as determined by the franchisor, at such times and locations as it may choose, along with their principal operator, workers, and representatives.
How is 1-800-GOT-JUNK Territory Granted to Franchises
Franchisees will be given a protected territory in which they can operate the franchised business. Using the most recent statistics from the U.S. Census Bureau, the franchisor will establish geographic areas with base populations of 62,500 to 75,000 before signing the Franchise Agreement to define the protected territory. At least eight of these areas will make up the territory and each of them will be regarded as a separate “sub-territorial” unit. Franchisees will not get an exclusive territory.
The franchisor will not set up, run, or give anyone else a franchise to set up or run a 1-800-GOT-JUNK business in the territory, subject to the franchisor’s non-exclusive rights with regard to national accounts; provided that franchisees are in complete compliance with the terms and conditions of their franchise agreement.
What is the Franchise Term of Agreement and Renewal?
The initial term of the franchise is five years. Franchisees may renew for three further terms of five years if the necessary conditions are met.
Does 1-800-GOT-JUNK provide Financial Assistance to Franchises?
Typically, financing is not provided by the franchisor. However, if payments are completed on time and in full, the franchisor may, in its sole discretion, permit the franchisee to pay the initial franchise fee with regard to a few of the sub-territories in equal monthly installments without interest.
Any debts, leases, or other obligations for franchisees are not guaranteed by the franchisor. The franchisor is under no obligation to expose franchisees to third-party finance sources, but it is at their discretion. If these sources are qualified, they may offer financing options for items needed as part of the initial investment.
Pros & Cons of owning a 1-800-GOT-JUNK Franchise
Pros of owning a 1-800-GOT-JUNK Franchise
- Availability of contactless service
- Availability of same-day service
- Full-service junk removal
- Provides services to residential and commercial customers
- Environmentally-friendly practices
- 24/7 customer service
- Available in 43 states and Washington D.C.
Cons of Owning a 1-800-GOT-JUNK Franchise
- No guaranteed estimates
- No instant estimates
What are 1-800-GOT-JUNK franchise reviews
- Positive reviews
The pandemic has affected how people conduct business. In the workplace, extra caution is required to safeguard both the employees and the clients. For continued business and to ensure that everyone is safe, 1-800-GOT-JUNK provides a no-contact junk removal service.
In addition to removing rubbish from households, 1-800-GOT-JUNK also provides a number of other services, including office and storage cleanouts and dumpster rentals. Not only does 1-800-GOT-JUNK have a large presence in the US, but also in Canada and Australia.
- Negative reviews
The effectiveness of the service and the cost of using 1-800-GOT-JUNK have received conflicting reviews. The company page indicated that consumers were using their services, and some of them were unhappy about how pricey it was for such a straightforward task.
Others complained about bad customer service and unethical working practices, while several people complained about the movers’ delay. Customers that call 1-800-GOT-JUNK and request a quote fail to be able to be provided with the same until the job is complete. Customers may find this to be quite upsetting because they are unable to determine how much the service actually costs.
1-800-GOT-JUNK Franchise Rankings
The rankings of 1-800-GOT-JUNK as a franchise can be categorized under the following heads
- 382 in 2023 under Franchise 500 Ranking
- 122 in 2022 under Top Global Franchises
- 85 in 2022 under Homebased Ranking
Franchise Deck Analysis and Overview
1-800-GOT-JUNK will help you as a franchisee as soon as you buy your business. The business will support the growth of your franchise by hosting annual conferences, regional get-togethers, franchise advisory council meetings, and franchise affiliate conferences. You can develop and implement the necessary elements to try to accelerate the success of your business with the aid of business coaching and field support systems.
You must be financially prepared for an initial investment, including a franchise fee as well as other startup expenditures in order to buy a 1-800-GOT-JUNK business. Franchisees for 1-800-GOT-JUNK should be committed to the brand and have a background in sales and marketing.
Is the 1-800-GOT-JUNK Franchise Profit Worth the Franchise Cost?
It is indeed worth the franchise cost.
1-800-GOT-JUNK? Franchise Success and Failure Rate
The below table will highlight the 1-800-GOT-JUNK franchise success and failure rate for the last 3 years. This will supplement your decision-making process.
Competition Analysis of 1-800-GOT-JUNK Franchises
|1-800-GOT-JUNK||Cost to Franchise||Franchisee Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|1-800-GOT-JUNK Franchise||$162,800-$245,250||$65,000-$97,500||8%+1%||$2.5 million||–||3.7/5|
|Matco Tools Franchise||$76,819 – $309,133||$8,000||–||–||–||4.5/5|
|Ubreakifix Franchise||$118,350 – $369,555||$40,000||7%+5%||–||10 years||3.4/5|
|Decorating Den Franchise||$43,813 – $70,400||$29,900 – $39,900||7-9% + 1-4%||40%||–||4.5/5|
The Franchise Deck rating for the 1-800-GOT-JUNK franchise is 3.7/5.0.
Conclusion : Is the 1-800-GOT-JUNK franchise a good choice?
The main goal of 1-800-GOT-JUNK is to impress each and every customer with great customer service. Their inventive, distinctive approach to ordinary home services generates wildly popular businesses. You could even refer to it as their secret recipe.
Its operations are straightforward, repeatable, and scalable, and help generate high volumes. Apart from this, the sector generates $100 billion in revenue yearly. The best thing, though still remains the fact that no matter your history, they will provide you the chance, resources, and assistance you need to successfully launch one of these businesses.
The sales numbers show consistent sources of income throughout the course of the five-year franchisee term agreement, and they also show that the majority of franchisees choose to extend their contracts after they expire. The figures are known to fluctuate based on the area, level of skills, marketing tactics, and other elements that may have an impact on the overall earnings.
Entrepreneurs who want to open a franchise in the Home services franchise opportunities categories can look at
- Alba Group Franchise
- Roof Maxx Franchise
- Decorating Den Franchise
- Pillar to Post Franchise
- Matco Tools Franchise
- Ubreakifix Franchise
- Allied Waste Industries Inc Franchise
- J Dog Junk Removal Franchise
- Jiffy Junk franchise
- The Junkluggers Franchise
- LoadUp Franchise
Frequently Asked Questions (FAQs)
- Is the 1-800-GOT-JUNK franchise profitable?
Yes, it is a profitable franchise for a potential franchisee to invest in.
- Can you make money owning a 1-800-GOT-JUNK?
Indeed, you can make a considerable amount of money upon owning a 1-800-GOT-JUNK? franchise.
- Is a 1-800-GOT-JUNK a franchise?
Yes, it is a franchise. The company started franchising in 1998.
- How much is a 1-800-GOT-JUNK franchise?
The initial investment and franchise fee to start a 1-800-GOT-JUNK franchise are $162,800 – $245,250 and $65,000 – $97,500 respectively.
- How do 1-800-GOT-JUNK franchises make money?
The franchises make money by removing junk, office and storage cleanouts and dumpster rentals.