What were the bank charges for 1-800-GOT-JUNK? for the period ended May 31, 2025?

According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, bank charges for the period ended May 31, 2025, were $12,236. For comparison, the bank charges for the same period in 2024 were $13,935. This information is derived from the consolidated statements of net income (loss) and comprehensive income (loss).

These figures represent the direct costs 1-800-GOT-JUNK? incurred for banking services during these specific periods. These costs can include transaction fees, account maintenance fees, and other charges levied by the banks for their services. Understanding these costs is important for assessing the overall financial health and operational expenses of 1-800-GOT-JUNK?.

Prospective franchisees should note that these are the franchisor's expenses and not necessarily indicative of the bank charges a franchisee might incur. A franchisee's bank charges will depend on their individual banking relationships, transaction volumes, and chosen banking services. It would be prudent for potential franchisees to inquire about typical banking costs incurred by existing franchisees to better estimate their potential expenses.