factual

Are 1-800-GOT-JUNK? franchisees required to send attendees to the annual conference for each Franchised Business?

1_800_Got_Junk Franchise · 2025 FDD

Answer from 2025 FDD Document

| Name of Fee | Amount | Due Date | Remarks |-------------|--------|----------|-------- | Annual Conference | $1,500 to $2,000 plus costs associated with attendance. Subject to increase; see Note 4. | As incurred. | This fee is intended to reimburse the Franchisor for the cost of holding annual conference. This will generally include hotel and some meals and will generally not include travel, entertainment, and salaries. You must send attendees for each Franchised Business. See Section 7.1(bb).

Source: Item 6 — Other Fees (FDD pages 11–17)

What This Means (2025 FDD)

According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, franchisees are required to send attendees to the annual conference for each Franchised Business. The cost for this conference ranges from $1,500 to $2,000, in addition to covering the costs associated with attendance.

The $1,500 to $2,000 fee is intended to reimburse 1-800-GOT-JUNK? for the cost of holding the annual conference. This generally includes hotel accommodations and some meals for the attendees. However, it typically does not cover travel expenses, entertainment, or salaries for those attending.

As a prospective franchisee, it's important to factor in not only the conference fee itself, which is subject to increase, but also the additional costs of travel, entertainment, and potential salary coverage for your employees who attend. This mandatory conference attendance represents a recurring operational expense that must be considered in your financial planning.

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.