When is the real estate/rent due 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, real estate/rent costs are "as arranged" with the landlord or lessor. The FDD states that franchisees must secure a location to operate their franchise and maintain sufficient space for computer equipment, communications, and record keeping. 1-800-GOT-JUNK? estimates that a franchisee will need a minimum of 300 to 400 square feet for their operations.
The FDD estimates that rental payments will be around $750 per month. The estimate includes the payment of first and last month’s rent, plus a damage deposit equal to one month’s rent, all due at the beginning of the lease. The total estimated cost for real estate/rent ranges from $1,200 to $5,000, depending on the specific location and lease terms negotiated.
Prospective 1-800-GOT-JUNK? franchisees should carefully consider these real estate/rent costs when planning their initial investment. Since the payment schedule is "as arranged", franchisees should confirm these arrangements with the landlord or lessor. Understanding the specific terms of the lease, including when rent is due and any additional deposit requirements, is essential for managing cash flow during the initial months of operation.