Key Reasons To Consider A Junk-King Franchise
Franchised hauling business a growing segment with only one major national competitor;- Recession resistant industry;
- Greenest junk removal service;
- White collar business model in a blue collar industry;
- Fully integrated marketing model with four defined revenue streams;
- Junk-King business model validated for over 5 years;
- Comprehensive launch and training for franchisees;
- Simple Business Model - Really!
- Larger territories (500,000 minimum) – major markets still available;
- Minimal Investment - $90,000
Overview
Junk King is a white collar business management franchise in a blue collar industry with company operations showing five years of sustainable growth. The junk removal/ recycling industry is in its infancy and has a least a decade of growth ahead of it.
We launched our franchise in October 2009 and have awarded 25 new franchises so far representing 39 units in 2010 including a Master License for Central America.
Our model is adaptable as:
- An owner operator model (not working on truck);
- Transitional model from another career; or
- Straight ROI model with general manager in place running day to day.
Simple Business Model …..Really!
- Small rented facility (1000 – 1400 sqft) near freeway;
- One or two trucks (low maintenance & no CTL license);
- Two employees per truck (hourly pay $10 - $12);
- 8 AM – 5 PM normal business hours (Mon – Sat);
- National Call Center books all estimates and jobs;
- Advertising model provided;
- No inventory required;
- No large account payables to collect.
We provide Item 19 Earnings Claims in our FDD including:
2008 $665,000 gross revenue $192,000 net profit (with GM running day to day of business)
2009 $728,000 gross revenue $254,000 net profit (with GM running day to day of business)
We are seeking prospects looking to scale a business and manage a P & L versus working in the field.
We have a national call center that manages all prospective customer inquiries through a toll free number. We educate the customer about our services, give an estimate when appropriate, schedule the job, and route the job through our centralized process.
Comprehensive Launch Process and Training
- Junk-King Launch Coordinator assists franchisees with a comprehensive launch and training checklists;
- One week of interactive training at Junk-King San Carlos, CA headquarters;
- One week “hands on” launch training in the franchisee’s market;
- Integrated marketing launch plan developed and executed;
- QuickBooks training support provided.
We have a national call center that manages all prospective customer inquiries through a toll free number. We educate the customer about our services, give an estimate when appropriate, schedule the job, and route the job through our centralized process.
Key Advantages
We are a true advertising model incorporating TV, Direct Mail, Mass Mailings, SEO, PPC, etc as a consistent part of our business model. Junk King is not a "work on the truck" franchise like 1-800GotJunk.
Where our competitors focus on consumer business only we are diversified in our revenue streams:
- Business to Consumer; heavy branding/ direct response model via an integrated advertising program;
- Business to Business; realtors, property managers, construction trades, builders, etc;
- Business to Government; Federal, State, Local, School Districts, Colleges & Universities.
- Recycling.
Why Recycling and Green Driven Business Model?
Competitive Advantage – with all variables being the same – people will pick the greenest company
Double Revenue Stream – paid to haul away and paid by recycler
Recycling results in less trips to dumps (money/time) and creates more efficient trucks (higher capacity / increased gross margin per truck)
Larger trucks (18 cubic yards) less fuel burned and emissions produced.
Franchise Candidates
We are seeking prospects looking to scale a business and manage a P & L versus working in the field.
Location
Approximately 1,000 to 1,500 square feet of warehouse / light industrial space for recycling component of business model.
Special Franchisee Requirements
Business management, marketing, corporate employee, previous business ownership and understands the “Advertising Model” portion of our business is critical
Multi-Units, Area Development Available and Master Licenses Available.
Financial Requirements
| Total Investment (Including Franchise Fee) |
$150,000 |
| Minimum Cash Required (if any): |
$90,000 |
| Minimum Net Worth (if any): |
$150,000 |
| Franchise Fee: |
Min. $30,000- $120,000 (.06 x population) |
| Financing Option: |
Vehicle financing available from franchisor recommended parties. |
| Minimum Population Requirements: |
Over 500,000 |
| Multi-Unit/Master-Unit Investment Ranges: |
$350,000 to $1,000,000 |
| Master-Unit Fee: |
Min. $250,000 |
The Junk-King concept delivers Significant Results using a Proven Methodology, which we take you through Step by Step by Step; and we have Fun in the process!