What is the method of payment for real estate/rent for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
You must secure a location from which you will operate your franchise at the commencement of operations. You must maintain sufficient space to operate computer, communications and related equipment and maintain records. We estimate that you will need a minimum of 300 to 400 sq. feet. The above estimate is based upon rental payments of $750 per month, with payment of first and last month’s rent and a damage deposit equal to one month’s rent at the beginning of the lease.
7) You are required to expend 8% of your Gross Revenue on local advertising, but in any event no less than $3,600 per quarter on local advertising during your first year of operations.
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, franchisees must secure a location to operate their franchise. The FDD estimates that a franchisee will need a minimum of 300 to 400 square feet to operate their business. The payment for real estate/rent is arranged between the franchisee and the landlord/lessor.
The FDD estimates rental payments to be $750 per month. This estimate includes the payment of the first and last month’s rent, as well as a damage deposit equal to one month’s rent, which is required at the beginning of the lease. The total estimated cost for real estate/rent ranges from $1,200 to $5,000.
As with other expenses, the actual cost of real estate and rent may vary depending on the location of the franchise and current market prices. It is important for prospective franchisees to conduct thorough research and consider these factors when planning their initial investment.