To whom is the real estate/rent paid 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 will make real estate/rent payments to a landlord or lessor. The FDD estimates these costs to range from $1,200 to $5,000. This estimate is based on a monthly rental payment of $750, which includes the first and last month's rent, plus a security deposit equal to one month's rent, all paid at the beginning of the lease.
1-800-GOT-JUNK? requires franchisees to secure a location to operate their franchise. This location must have enough space to operate computer, communication, and related equipment, as well as maintain records. The document estimates a minimum space requirement of 300 to 400 square feet.
Prospective franchisees should verify local real estate costs to determine if the estimated range is sufficient for their specific location. These costs can vary significantly based on geographic area and the size of the space required. It is also important to consider potential increases in rent over the term of the lease.