What is the estimated cost range for computer hardware and software for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 7. Estimated Initial Investment
YOUR ESTIMATED INITIAL INVESTMENT (for a franchisee with 8 to 12 subterritories, with 8 being the minimum-sized new territory we offer)
Type of Expenditure Amount Method of Payment
When Due To Whom Payment Is to Be Made Low High Initial Franchise Fee (Notes 1 and 12) $65,000 $97,500 Lump sum At signing of Franchise Agreement. Initial Marketing Expense (Notes 2 and 12) $25,000 $25,000 Lump sum At signing of Franchise Agreement (then disbursed to 3rd Party Vendors) Computer Hardware and Software (Note 3) $1,500 $4,000 As arranged As incurred 3rd Party Vendors
Source: Item 7 — Estimated Initial Investment (FDD pages 17–21)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, the estimated initial investment for computer hardware and software ranges from $1,500 to $4,000. This investment covers the costs to purchase and establish the necessary equipment for operating the franchise.
The FDD specifies that franchisees must establish and maintain a high-speed internet connection and operate the prescribed software, computer, communications, and other systems hardware. Item 11 of the FDD provides a more detailed description of the required computer hardware and software. These systems are crucial for managing the franchise, processing customer requests, and maintaining communication with 1-800-GOT-JUNK?.
It's important to note that these figures are estimates, and the actual costs may vary depending on the chosen vendors and specific equipment needs. Prospective franchisees should carefully consider these costs and discuss them with a business advisor to ensure they are adequately prepared for this aspect of the initial investment.
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment Is to Be Made | |
|---|---|---|---|---|---|
| Low | High | ||||
| Computer Hardware and Software (Note 3) | $1,500 | $4,000 | As arranged | As incurred | 3rd Party Vendors |