The Junk Works franchisee community provides our team members with great support and collaboration.
Here is an overview of essential franchise financial information to provide you with a clear view of your potential by becoming a team partner with Junk Works.
Your initial investment for a Junk Works franchise will range from $74,700 to $136,400 on average, depending on the size of your market. These figures are the approximate select for markets with populations between 300,000 and 500,000 people.
With a Junk Works franchise opportunity, your expenses are easy to comprehend and identify. They include basic essentials such as:
Here is a typical breakdown of the typical start up costs and operational costs of our franchise team members.
For a market of 400,000, the approximate start-up expenses are as follows:
|Initial Franchise Fee||$25,000 – $40,000|
|Local Advertising||$4,500 – $6,000|
|Travel and Living Expenses While Training||$1,500 – $3,500|
|Inventory and Supplies||$500 – $1,000|
|Fixtures, Furniture, and Equipment||$2,000 – $3,000|
|Signs||$1,000 – $2,000|
|Vehicles||$10,000 – $15,000|
|Leases and Rentals||$4,500 – $6,000|
|Leasehold Improvements||$1,000 – $6,000|
|Prepaid Expenses/Insurance||$200 – $400|
|Payroll||$9,000 – $24,000|
|Minimum Capital||$12,500 – $25,000|
|Additional Funds – 3 months||$3,000 – $4,500|
|Total||$74,700 – $136,400|
* See important disclosures and explanations in Item 7 of our Franchise Disclosure Document. Your actual costs may vary.
Junk Works is a truly scalable business opportunity. The fixed monthly expenses of your Junk Works franchise remain largely stable while you grow your franchise by adding trucks. The incremental expenses are essentially:
All in all, the financial side of running a Junk Works franchise is simple and fully supported. So, be sure to fill out and submit the form to the right and, if you have any questions or issues in the meantime, please email email@example.com.