What was the amount of net income and comprehensive income for 1-800-GOT-JUNK? for the period ended May 31, 2024?

According to the 2025 Franchise Disclosure Document, 1-800-GOT-JUNK?'s net income and comprehensive income for the period ended May 31, 2024, was $266,526. This figure represents the company's profit after all expenses, including taxes, have been deducted from its revenues for that specific period.

For a prospective franchisee, understanding the net income and comprehensive income of 1-800-GOT-JUNK? is crucial as it provides insight into the financial health and profitability of the franchisor. A higher net income generally indicates a more stable and successful franchise system. This information can be used to assess the franchisor's ability to support its franchisees and invest in the growth of the brand.

It's important to note that this figure is from an unaudited statement for a specific period and may not be representative of the entire year's performance. Additionally, past performance is not necessarily indicative of future results. A potential franchisee should review these figures in conjunction with other financial statements and information provided in the FDD, and consult with a financial advisor to make an informed investment decision.

Furthermore, the FDD also includes the net income and comprehensive income for the period ended May 31, 2025, which was $288,999. Comparing these figures can provide a sense of the franchisor's recent financial performance and trends. Reviewing these figures in context with the complete financial statements will give a prospective franchisee a more complete picture of the financial standing of 1-800-GOT-JUNK?.