What were the field operations expenses for 1-800-GOT-JUNK? for the period ended May 31, 2024?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
143,751 100,414 Field operations
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, the field operations expenses for the period ended May 31, 2024, were $100,414. This figure represents the costs directly associated with the company's field operations during that time.
Field operation expenses are a key component of a franchisor's operational costs. For a prospective 1-800-GOT-JUNK? franchisee, understanding these expenses at the corporate level can provide insight into how the franchisor manages its resources and supports its franchisees. These expenses may include training, support staff in the field, and quality control measures.
It's important to note that this figure reflects the franchisor's expenses and not the operating expenses of individual franchisees. Franchisees will have their own field operation costs, which will vary depending on their territory, staffing, and local market conditions. Reviewing the franchisor's expenses can help a potential franchisee understand the scale of support and resources the franchisor provides to the franchise system.
When evaluating this information, prospective franchisees should consider the overall financial health of 1-800-GOT-JUNK? and how field operation expenses align with the support and services they expect to receive. It is advisable to compare these expenses with those of other similar franchise systems to assess whether 1-800-GOT-JUNK? is investing adequately in field support.