What was the amount of total expenses for 1-800-GOT-JUNK? for the period ended May 31, 2024?

Based on the 2025 Franchise Disclosure Document, 1-800-GOT-JUNK?'s expenses for the period ended May 31, 2024, included several categories. These included interest expenses of $176,377, insurance costs of $100,414, and field operations expenses amounting to $191,378. Additionally, office and general expenses totaled $31,431, while accounting and legal fees were $13,935. State franchise tax expenses were $200,200, bank charges amounted to $20,305, amortization expenses were $20,952 and bad debt expenses were $145,077.

These figures provide a snapshot of the various operational and administrative costs incurred by 1-800-GOT-JUNK? during this specific period. It's important to note that these expenses are specific to the franchisor's operations and may not directly reflect the expenses a franchisee would incur in running their own 1-800-GOT-JUNK? business. Franchisees should anticipate costs related to local marketing, vehicle maintenance, labor, and other location-specific expenses.

Prospective franchisees should carefully review the complete financial statements and accompanying notes in the 1-800-GOT-JUNK? FDD, and consult with a financial advisor to understand the full scope of potential expenses and how they might impact their individual business. Understanding these costs is crucial for developing a realistic business plan and financial projections.