What is included in Part I of the financial performance information for 1-800-GOT-JUNK? franchisees?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 19 — Financial Performance Representations (FDD pages 42–48)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, Part I of the financial performance representation includes historical data on the Gross Revenue results of specified 1-800-GOT-JUNK? franchisees, including Flywheel affiliates that own and operate outlets under franchise agreements. This information is compiled from data supplied by 1-800-GOT-JUNK? franchisees, which the franchisor has not audited. Gross Revenue is defined as the actual gross sales to consumers for products and services less taxes collected and credits or refunds given in accordance with their refund policy. The data includes franchised businesses in Canada and Australia because these franchisees operate businesses 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 specifically presents the average, median, highest, and lowest Gross Revenue realized by 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. The outlets are grouped based on the number of years they have been operating. 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.
It is important to note that these financial performance figures do not reflect the costs of sales or operating expenses that must be deducted from the gross revenue or gross sales figures to obtain net income or profit. Prospective franchisees should also be aware that the reported revenue includes partial-year performance by franchisees, even if the franchises were transferred to new owners during the year, and the combined revenue of both owners is noted in the calculations. The table excludes data from the franchises owned and operated by DBA affiliates for anything more than one day, which are reported in a separate table. Substantiation of the data used in preparing this financial performance information will be made available upon reasonable request.