Junk King - Franchise
Junk King, a Neighborly company, is the nation's leading junk removal franchise. With us, your path to business ownership can experience the royal treatment!
Requirements
Financial requirements for this franchise:
Liquid Capital: | $50,000 What does Liquid Capital mean? |
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Net Worth: | $150,000 What does Net Worth mean? |
Total Investment: | $93,300 - $180,000 What does Total Investment mean? |
Franchise Fee: | $54,000 - $78,000 |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | Junk King offers a 15% discount off of the initial franchise fee for qualified veterans. |
SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
Franchise Units: | 165 |
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Year Founded: | 2005 |
Franchising Since: | 2005 |
What Does a Junk King Franchise Cost?
To buy a franchise with Junk King, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $93,300 - $180,000. They also offer financing via 3rd party as well as a discount for veterans (Junk King offers a 15% discount off of the initial franchise fee for qualified veterans.). *
Junk King Franchise Overview
Since 2005, Junk King® has provided a variety of eco-friendly junk removal services as a nationally recognized industry leader. Junk King franchise owners serve customers in more than 165 locations across North America. When it comes to starting a junk removal business, franchise owners looking to be their own boss have the support and resources to pursue their dream of business ownership in a growing industry.
Junk King is proud to be a part of Neighborly®, the world’s largest home services franchise with 19 brands and more than 5,000 locations focused on repairing, maintaining, and enhancing properties. Utilizing decades of experience and scale through the Neighborly Hub, this multi-brand portfolio provides our franchise owners with distinct advantages like improved networking opportunities and customer referrals between brands in the same local market, ultimately creating value for franchise owners and customers alike.
The Neighborly Done Right Promise™ is a core component of putting customer service first by taking the stress out of home maintenance, having pride in the work that gets done, and promising to make things right. Additionally, the culture across the entire family of brands is embodied by the Neighborly Code of Values, which emphasizes the importance of fostering a set of ideals that guide the organization. These elements, while small to some, set Neighborly and Junk King franchise owners apart from the competition.
Why Franchise With Junk King?
No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you won’t need to take the trash out to be successful, especially after hiring an expert staff.
Multiple Revenue Streams: From standard junk removal to dumpster rentals to eco-friendly recycling, there are numerous services that provide value to your business and customers alike. Plus, our trucks are 20% bigger than most competitors, so you're able to handle king-sized hauls more efficiently.
Prime Territories: With available territories in some of the fastest-growing markets, there’s ample space and demand to establish your franchise. Better yet, thanks to designated territories, you’ll be able to collaborate and share best practices with other Junk King locations instead of compete for the same customers.
Eco-Friendly Focus: By emphasizing the importance of limiting landfill usage, we're proud to recycle, reuse, or donate about 60% of junk hauls on average. As a result, franchise owners are able to provide superior value, service, and effort to their communities.
Award-Winning Recognition: With more than 15 years of success, Junk King has been recognized by leading organizations within the franchising space, such as Entrepreneur Franchise 500®, Franchise Business Review Top 200, and Franchise Times Top 400®.
Veteran Discounts: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.
Our Ideal Candidate
Our franchise owners come from all walks of life. Some have held positions in corporate environments and are looking for a career change, while others have worked in the industry and are looking to lead their own business. No matter their background, our franchisees have a shared passion for providing a variety of reliable and quality services in their community. Some characteristics displayed by our most successful franchisees include:
- Entrepreneurial spirit driven to set and achieve goals
- Desire to build genuine relationships with customers, employees, and other franchisees
- Penchant for problem solving and critical thinking
- Commitment to delivering consistent, high-quality service
- Accountable to financial responsibilities and requirements
- Consistently dependable and reliable with words and actions
- Appetite for expanding knowledge and continuing education
Training and Support
Junk King franchise owners benefit from specialized training, operations, and support systems, including:
Sure Start: This training program connects you with a designated consultant that will work closely with you to provide in-depth marketing and sales training as you get started with your business.
Franchise Business Coach: You’ll be paired with a knowledgeable FBC to help answer questions, provide support, and ensure accountability as you grow your business.
National Marketing: Led by a team of experts on behalf of all franchise owners, efforts on asset development, marketing initiatives, and cross-brand promotion improve brand recognition.
Local Marketing Specialist: These knowledgeable experts set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.
Ongoing Training: Comprehensive education opportunities such as regional training events, national conferences, and owner collaboration ensure you have the knowledge to function at the top of your game.
Neighborly App: This free app makes it convenient for customers to find your brand, get inspiration for home projects, and book service appointments with just a few clicks.
Digital Integration: In an increasingly technology-based world, hosted landing pages, SEO and PPC guidance, and social media presence make it easier for customers to find your business.
Franchisee Testimonials
"Don't be afraid! I think that one of the great things about franchising is that it's about having a network of people around you to give you support and handle your questions."
- Marnie Prince
"I would tell other women to get out there and learn about franchises and really jump in and take a leap of faith. It has been such a great experience and so rewarding."
- Steve Kaiser
"I would tell other women to get out there and learn about franchises and really jump in and take a leap of faith. It has been such a great experience and so rewarding."
- Melissa Michel
"The benefits of being a multi-unit owner allows you to cover a greater area while not putting a strain on your location. As we get bigger and get more territories, we're able to scale the business and not increase our costs."
- Tim McCabe
"We looked at probably eight different franchises through someone who really knows franchises. When we really looked into Junk King, the first thing that stood out to me is leadership. It felt like a family and was authentic."
- Doug Wren
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Availability
Junk King is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, California, Connecticut, District Of Columbia, Delaware, Hawaii, Iowa, Idaho, Kansas, Kentucky, Louisiana, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.
Press Releases
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