Why does 1-800-GOT-JUNK? include data from Canadian and Australian franchisees in Item 19?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 19 — Financial Performance Representations (FDD pages 42–48)
What This Means (2025 FDD)
According to the 2025 FDD, 1-800-GOT-JUNK? includes financial data from Canadian and Australian franchisees in Item 19 because these international franchises operate businesses substantially similar to those in the U.S. The FDD states that these locations have substantially similar performance results, with no material differences between the data of the three groups other than currency. This allows 1-800-GOT-JUNK? to provide a more comprehensive overview of potential franchisee performance.
The 2025 FDD includes system-wide revenue and growth figures that combine data from the United States, Canada, and Australia. For example, the total gross revenue for 2024 was $537,460,900 across all three countries. The inclusion of international data provides prospective franchisees with a broader understanding of the 1-800-GOT-JUNK? system's financial health and growth trends. The FDD also includes currency conversion rates used to report all figures in U.S. dollars.
However, prospective franchisees should remember that these figures are historical and do not guarantee future performance. The FDD clearly states that individual results may differ, and there is no assurance that a new franchisee will achieve similar sales. It is important for potential franchisees to consider the specific market conditions in their desired territory and conduct their own due diligence to assess the potential for success. The FDD also advises franchisees to report any unauthorized financial performance information received to 1-800-GOT-JUNK?'s management, the Federal Trade Commission, and appropriate state regulatory agencies.