factual

How does the 1-800-GOT-JUNK? Franchise Agreement define 'Gross Revenue'?

1_800_Got_Junk Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee shall contribute to the Branding Cooperative in such amounts, at such times, and in such manner as specified by Franchisor in its sole discretion; provided that Franchisee shall not be required to contribute more than 5% of its Gross Revenue in the aggregate for all Branding Cooperatives to which Franchisee belongs, and any amount contributed by Franchisee to any Branding Cooperative may

Source: Item 22 — Contracts (FDD page 24)

What This Means (2025 FDD)

I am unable to provide a definition of Gross Revenue for 1-800-GOT-JUNK? based on the 2025 Franchise Disclosure Document. While the term 'Gross Revenue' is mentioned in the context of Branding Cooperatives, the document does not provide a specific definition of what constitutes Gross Revenue. A prospective franchisee should ask 1-800-GOT-JUNK? for the precise definition used in the Franchise Agreement, as this figure is used to calculate royalty and advertising fees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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