Does the historical financial performance information for 1-800-GOT-JUNK? include Canadian and Australian franchisees?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 19. Financial Performance Representations
The FTC’s Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document. Financial performance information that differs from that included in Item 19 may be given only if: (1) a franchisor provides the actual records of an existing outlet you are considering buying; or (2) a franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances.
HISTORICAL FINANCIAL PERFORMANCE INFORMATION
The following financial performance information is presented in three parts, and contains historical information on the Gross Revenue results of specified 1-800-GOT-JUNK? franchisees (including our Flywheel affiliates that own and operate outlets under franchise agreements). The information is compiled from data supplied by 1-800-GOT-JUNK? franchisees, which we have not audited. Unless otherwise specified, “Gross Revenue” means the amount of actual gross sales to consumers for products and services less taxes collected and credits or refunds given in accordance with our refund policy. For some tables in this Item 19, we include franchised businesses in Canada and Australia because these Canadian and Australian franchisees operate businesses that are substantially similar to those in the U.S., with substantially similar performance results and no material differences between the data of the three groups other than the currency.
PART I: Average 2023 Gross Revenue of U.S. Franchisees
The following tables present the average, median, highest and lowest Gross Revenue realized by the 147 Franchised Businesses (105 unaffiliated franchisees and 42 DBA franchisees) that were operating in the U.S. for more than one day and made any gross sales at any point during the 12-month period ending on December 31, 2024. For purposes of this table, outlets are grouped based on the number of years they have been operating.
Because our franchisees own different numbers of subterritories, we also provide in the charts below the average, median, highest and lowest Gross Revenue on a per-subterritory basis. Of the U.S. outlets reported in the chart below: the average number of subterritories owned is 21, with the fewest number owned being 5, and the largest number owned being 89; the median number of subterritories owned is 17. 4899-8658-3815.1
Average Gross Revenue of 1-800-GOT-JUNK? Franchisees For the Twelve Months Ending December 31, 2024 US Franchisees of 1-800-GOT- JUNK?
Source: Item 19 — Financial Performance Representations (FDD pages 42–48)
What This Means (2025 FDD)
According to the 2025 1-800-GOT-JUNK? Franchise Disclosure Document, the historical financial performance information includes data from franchisees located in the United States, Canada, and Australia. Item 19 of the FDD contains historical information on the Gross Revenue results of specified 1-800-GOT-JUNK? franchisees, including Flywheel affiliates that own and operate outlets under franchise agreements. The information is compiled from data supplied by 1-800-GOT-JUNK? franchisees, which the franchisor has not audited. Gross Revenue means the amount of actual gross sales to consumers for products and services less taxes collected and credits or refunds given in accordance with their refund policy.
For some tables in Item 19, 1-800-GOT-JUNK? includes franchised businesses in Canada and Australia because these Canadian and Australian franchisees operate businesses that are substantially similar to those in the U.S., with substantially similar performance results and no material differences between the data of the three groups other than the currency. The gross revenue figures from Canadian locations were converted to U.S. Dollars for each calendar year using the average exchange rate for that calendar year. Similarly, the gross revenue figures from Australian locations were converted to U.S. Dollars for each calendar year using the average exchange rate for that calendar year.
Specifically, the FDD presents the total Gross Revenue from all 1-800-GOT-JUNK? Franchised Businesses operating in the United States, Canada and Australia for at least 1 day in the 2023 calendar year. For example, the total gross revenue for the United States was $479,673,717, for Canada was $40,837,998, and for Australia was $16,949,185. The FDD also presents the number and percentage of 1-800-GOT-JUNK? Franchised Businesses that had 2024 Gross Revenues in four performance ranges, and includes data from all Franchised Businesses operating in the United States, Canada, and Australia that reported revenue and were open on December 31, 2024.