What is the estimated low and high range for real estate/rent costs for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
Real Estate/Rent (Note 6) $1,200 $5,000 As arranged As arranged Landlord/Lessor
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 real estate/rent ranges from $1,200 to $5,000. This estimate is based on the assumption that franchisees will need to secure a location to operate their franchise, maintaining sufficient space of at least 300 to 400 square feet for computer, communications, and related equipment, as well as record keeping.
The FDD specifies that the estimate is based upon rental payments of $750 per month, which includes the payment of first and last month’s rent, along with a damage deposit equal to one month’s rent, all required at the beginning of the lease. This implies that the lower end of the estimate ($1,200) may cover scenarios where initial rental costs are minimal, while the higher end ($5,000) accounts for potentially more expensive locations or lease terms.
Prospective 1-800-GOT-JUNK? franchisees should verify local real estate costs in their target market to refine this estimate. These costs can fluctuate significantly based on location, demand, and the specific terms negotiated with landlords. It is also important to consider that the 300-400 square foot estimate is a minimum, and some franchisees may require larger spaces depending on their operational needs.