Does the 1-800-GOT-JUNK? Franchise Agreement for 1-800-GOT-JUNK? include a section on 'Minimum Royalty'?

Based on the 2025 Franchise Disclosure Document, the excerpts provided do not contain a specific section or mention of 'Minimum Royalty' within the 1-800-GOT-JUNK? Franchise Agreement. The excerpts cover various aspects of the agreement, such as franchisee obligations, insurance requirements, transfer conditions, and system standards, but do not detail any minimum royalty requirements.

While the excerpts do not explicitly address minimum royalty obligations, they do highlight the importance of maintaining sufficient capital to operate the franchised business. The franchisor, 1-800-GOT-JUNK?, retains the discretion to specify a minimum amount that the franchisee must maintain as backup working capital or a contingency fund. This suggests that franchisees need to be prepared for potential financial requirements to ensure the stability and operational capability of their business.

As the excerpts do not provide information on minimum royalty obligations, it is crucial for potential franchisees to directly inquire with 1-800-GOT-JUNK? about any such requirements. Specifically, they should ask about the structure of royalty payments, whether there is a minimum amount, and how these obligations might impact their financial planning and business operations. Understanding these details is essential for making an informed decision about investing in a 1-800-GOT-JUNK? franchise.