For the 1-800-GOT-JUNK? franchise system, what was the net change in the number of franchised businesses between the start and end of the year in 2022?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 20. Outlets and Franchisee Information
Table No. 1 Systemwide Summary For Years 2022 to 2024 (As of fiscal years ended 12/31)
Outlet Type Year Franchised Businesses at the Start of the Year Franchised Businesses at the End of the Year Net Change Franchised +5
Source: Item 20 — Outlets and Franchisee Information (FDD pages 48–56)
What This Means (2025 FDD)
According to the 2025 FDD, 1-800-GOT-JUNK? provides a system-wide summary of franchised businesses from 2022 to 2024. In 2022, the net change in the number of franchised businesses was +5. This indicates that the 1-800-GOT-JUNK? franchise system experienced a net increase of 5 franchised businesses during that year.
For a prospective franchisee, this data point offers insight into the growth and stability of the 1-800-GOT-JUNK? franchise system. A positive net change suggests that the franchise is expanding and attracting new franchisees. It is important to consider this number in the context of other years and industry trends to get a comprehensive understanding of the franchise's performance.
However, it is also important to investigate the reasons behind the net change. While a positive number is generally favorable, it does not reveal the number of franchises that opened versus the number that closed or terminated their agreements. Reviewing the complete table in the FDD, which includes the number of franchised businesses at the start and end of the year, provides a more detailed picture of franchise activity. A prospective franchisee should also inquire about the reasons for any terminations or non-renewals to assess the overall health of the 1-800-GOT-JUNK? system.