Blog Archives

What is the initial investment needed to open a Junk King Franchise?

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The initial investment to open a Junk King Franchise ranges between $89,850-176,440, with the biggest portion of the initial investment being the purchase of the territory based on population count. Territory population sizes range between 450,000-650,000 people....

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What does the initial investment include?

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Type of Expenditure Amount Method of Payment When Due Initial Franchise Fee $54,000-78,000 Lump sum At signing of Franchise Agreement Travel and Living Expenses While Training $1,500-7,000 As incurred Before opening Inventory and Supplies $500-1,000 As incurred Before opening Fixtu...

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What is the Initial Franchise Fee?

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The Initial Franchise Fee ranges between $54,000-78,000, depending on the population size within the territory (between 450,000 and 650,000 population). The Initial Franchise Fee is calculated as $0.12/person in the territory....

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What are the financial requirements that I need to meet to become a Junk King Franchisee?

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Our minimum financial requirements are $50,000 in liquid assets and a $150,000 net worth....

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What kind of trucks do I need to purchase, and how many?

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Our franchisees all use non-CDL Isuzu trucks that can be driven by anybody with a driver’s license in good standing. You will start your business with one truck and scale your business by adding additional trucks. Our operational support will work with you to determine when the appropriate time would be to purchase a...

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What is the royalty rate?

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The royalty rate is 8% monthly of gross revenue....

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Besides royalty, are there any other fees associated with owning a Junk King franchise?

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As with any business, there are ongoing fees and expenses associated with operating your business. Other than royalty, there are two other fees paid to Junk King. We have a Customer Care Center fee of 5% monthly of gross revenue. Our Customer Care Center handles all customer inquiries and contact, including schedu...

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How big are Junk King’s territories?

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Territories are created based on zip codes. The population size within a territory ranges between 450,000-650,000 people....

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Can I operate a Junk King Franchise as a semi-absentee owner?

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Yes. Some of our franchisees choose to hire a manager to run their Junk King Franchise while others choose to operate the business themselves. Our franchisees must all be involved in the business, even if they are not managing the daily operations. Regardless of how you choose to manage your business, we do require tha...

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What type of customers will I service?

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Your Junk King Franchise will service residential, business, and local government customers....

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Ready to Learn More?

Whether you’re a business owner looking to expand your portfolio, or someone who has never owned a business before, a Junk King franchise can be the best path to your future. So, If you are interested, take the next step by simply filling out and submitting the form to the right. When you do, you’ll receive an email from us shortly thereafter. And if you have any questions in the meantime, please email franchising@junk-king.com We can’t wait to hear from you!