According to the systemwide summary, what was the net change in the total number of 1-800-GOT-JUNK? outlets in 2024?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 1 Systemwide Summary For Years 2022 to 2024 (As of fiscal years ended 12/31)
Outlet Type Year Franchised Businesses at the Start of the Year Franchised Businesses at the End of the Year Net Change Franchised +5 -29 Company-Owned +3 +8 +26 Total Outlets +8 +8 -3
Source: Item 20 — Outlets and Franchisee Information (FDD pages 48–56)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, the systemwide summary shows the net change in the total number of outlets in 2024 was -3. This indicates a slight decrease in the total number of 1-800-GOT-JUNK? locations compared to the start of the year.
This net change reflects the combination of both franchised and company-owned businesses. For a prospective franchisee, this information is useful in understanding the overall growth or contraction of the 1-800-GOT-JUNK? system. A negative net change could signal challenges within the system, such as closures outpacing new openings, which would warrant further investigation.
It is important to note that while the total outlets decreased, the components of franchised and company-owned businesses had different changes. The FDD specifies the net change for franchised and company-owned businesses separately, allowing potential franchisees to analyze each segment's performance and stability within the 1-800-GOT-JUNK? franchise system.