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The Junk King franchisee community provides our team members with great support and collaboration.
Here is an overview of essential franchise financial information to provide you with a clear view of your potential by becoming a team partner with Junk King.
Your initial investment for a Junk King franchise will range from $93,000 to $180,000 on average, depending on the size of your market. These figures are the approximate select for markets with populations between 450,000 and 650,000 people.
With a Junk King franchise opportunity, your expenses are easy to comprehend and identify. They include basic essentials such as:
Here is a typical breakdown of the typical start up costs and operational costs of our franchise team members.
For a market of 450,000 – 650,000, the approximate start-up expenses are as follows:
| Item | Cost |
|---|---|
| Initial Franchise Fee | $54,000 – $78,000 |
| Travel and Living Expenses While Training | $1,500 – $7,000 |
| Inventory and Supplies, Fixtures, Furniture, and Equipment | $2,000 – $8,000 |
| Signage | $1,000 – $2,000 |
| Vehicles | $15,000 – $20,000 |
| Office and Warehouse Lease | $1,500 – $6,000 |
| Leasehold Improvements and Prepaid Expenses/Insurance | $1,800 – $8,000 |
| Pre-opening Payroll | $1,000 – $5,000 |
| Additional Funds – 3 months | $15,000 – $50,000 |
| Total | $93,000 – $180,000 |
* See important disclosures and explanations in Item 7 of our Franchise Disclosure Document. Your actual costs may vary.
Junk King is a truly scalable business opportunity. The fixed monthly expenses of your Junk King franchise remain largely stable while you grow your franchise by adding trucks. The incremental expenses are essentially:
In recognition of service to our country, we offer a discount of 10% off the initial franchise fee to honorably discharged veterans who qualify via the VetFran program guidelines.
Being your own boss and securing the funding to do so is in reach. There are many options to funding your franchise investment such as:
All in all, the financial side of running a Junk King franchise is simple and fully supported. So, be sure to fill out and submit the form to the right and, if you have any questions or issues in the meantime, please email franchising@junk-king.com.
