factual

What is the relationship between 0766 and the 1-800-GOT-JUNK? franchisor?

1_800_Got_Junk Franchise · 2025 FDD

Answer from 2025 FDD Document

We are a subsidiary of RBDS Rubbish Boys Disposal Service Inc., a British Columbia, Canada corporation (“Rubbish Boys”). 0766143 BC Ltd. (“0766”) owns the majority interest in Rubbish Boys, and 1222072 BC Ltd. owns the majority interest in 0766143 BC Ltd, each of which have the same principal business address as our address. We do not have any predecessors.

Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 5–9)

What This Means (2025 FDD)

According to the 2025 1-800-GOT-JUNK? Franchise Disclosure Document, 0766143 BC Ltd. ("0766") owns the majority interest in RBDS Rubbish Boys Disposal Service Inc. ("Rubbish Boys"). Rubbish Boys is the parent company of 1-800-GOT-JUNK? LLC, the franchisor. Therefore, 0766 indirectly has a controlling interest in the 1-800-GOT-JUNK? franchise. 1222072 BC Ltd. owns the majority interest in 0766143 BC Ltd.

This ownership structure means that 0766 is higher up in the corporate hierarchy than the direct franchisor, 1-800-GOT-JUNK? LLC. Decisions made by 0766 could potentially impact the franchisor and, by extension, the franchisees. However, the FDD states that 0766 has the same principal business address as 1-800-GOT-JUNK?, suggesting close coordination between these entities.

Prospective franchisees should be aware of this multi-layered corporate structure and how it might affect the franchise system. While the FDD provides this information, it does not elaborate on the specific roles and responsibilities of 0766 or how its decisions might directly influence the 1-800-GOT-JUNK? franchise. It would be prudent for potential franchisees to ask the franchisor about the nature of 0766's involvement and any potential implications for franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.