Financial / Terms
Minimum Investment: $165,000
Support & Training Provided
Financial Assistance Provided: Yes
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 43 new franchises so far representing 77 units so far into 2011 including two U.S. Master Licenses. 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.
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.
We also award the largest territories in the industry (minimum of 500,000 population- average territory size is 750,000).
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:
1) Business to Consumer; heavy branding/ direct response model via an integrated advertising program
2) Business to Business; realtors, property managers, construction trades, builders, etc.
3) Business to Government; Federal, State, Local, School Districts, Colleges & Universities.
a) We are the Greenest company in the junk removal industry recycling 60% of all items removed from job sites. Our marketing and branding is “green” driven promoting this fact to consumers and businesses.
b) We remove recyclables at the job site and deliver them to our warehouses. Recycling vendors remove the recyclables from us and pay us for them thereby allowing recycling to be an additional profit center versus a cost of sales.
c) By recycling 60% of the items we remove from job sites allows us to manage more jobs per day which equals more revenue per day per truck than our competition and the highest margins in the industry.