What is the minimum number of subterritories that must be purchased for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
The initial franchise fee is $8,125 per subterritory. We require a minimum purchase of eight subterritories, for a total minimum initial franchise fee of $65,000. If your Franchised Business has twelve subterritories, the initial franchise fee will be $97,500. The initial franchise fee is payable to us in a lump sum when you sign the Franchise Agreement.
Source: Item 5 — Initial Fees (FDD pages 10–11)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, a new franchisee must purchase a minimum of eight subterritories. The initial franchise fee is $8,125 per subterritory, making the minimum initial franchise fee $65,000 for the required eight subterritories.
This requirement has significant financial implications for prospective franchisees. The upfront investment is substantial, and franchisees need to be prepared to pay this amount when signing the Franchise Agreement. However, 1-800-GOT-JUNK? may, at its discretion, allow the initial franchise fee for some subterritories to be paid in monthly installments.
The FDD also states that 1-800-GOT-JUNK? reserves the right to charge higher or lower initial fees for a particular territory based on factors such as whether the subterritory had been previously serviced or the demographics of the area. This means that while the minimum purchase is eight subterritories, the actual cost could vary.
Therefore, potential franchisees should carefully consider the financial commitment required and discuss the specific fees and financing options available for their desired territory with 1-800-GOT-JUNK?.