From whom must a 1-800-GOT-JUNK? franchisee obtain a truck equipped with a dump body?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
Truck total cost is estimated at $77,750 per gasoline-powered truck and $82,700 per diesel- powered truck, which includes an approved dump body at an estimated cost of $25,100. The above low end figure assumes that the truck is leased or financed and does not include applicable taxes or shipping for the complete truck (chassis and dump body). The above high end figure assumes you put 20% down on the purchase of a truck, plus ongoing monthly payments. You must obtain a truck equipped with a dump body from our designated supplier. Truck cost is estimated and will vary depending upon market prices. You are encouraged to check with your local auto dealership. We require a minimum of two trucks but you may require more if you have multiple subterritories. If you have multiple subterritories, we recommend that you commence operating all vehicles as soon as reasonably possible; however, you are only required to purchase or lease two trucks upon startup, and purchase or lease further trucks according to a schedule after startup to which we agree. You are required to use only those trucks in the operation of the Franchised Business, and permitted to use the trucks only for the Franchised Business and for no other reason.
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, a franchisee must obtain a truck equipped with a dump body from the company's designated supplier. The estimated cost for a truck is $77,750 for a gasoline-powered truck and $82,700 for a diesel-powered truck, including the dump body, which is estimated to cost $25,100. These costs may vary based on market prices, and the document encourages franchisees to check with their local auto dealerships.
The FDD indicates that the low-end estimate assumes the truck is leased or financed and does not include applicable taxes or shipping for the complete truck. The high-end figure assumes a 20% down payment on the purchase of a truck, plus ongoing monthly payments. 1-800-GOT-JUNK? requires a minimum of two trucks for operation, but a franchisee may need more if they have multiple subterritories.
While franchisees are only required to purchase or lease two trucks upon startup, additional trucks may be needed according to a schedule agreed upon with 1-800-GOT-JUNK? after startup, especially if the franchisee has multiple subterritories. The franchisee is required to use only approved trucks in the operation of the 1-800-GOT-JUNK? business and is permitted to use the trucks only for the 1-800-GOT-JUNK? business and for no other reason.