1-800-GOT-JUNK – 10 Million a Year in JUNK??


Who wants to run a junk franchise am I right? How much money can you even make hauling Junk? You might be surprised some franchisees make
almost 10 million dollars a year hauling junk. If you don’t believe me stay tuned as today
we look at 1-800-GOT-JUNK franchise and opportunities in the junk hauling industry. Today’s video request was from subscriber
Tony M, thanks for that keep those requests coming if you would like us to review a franchise
or business opportunity leave it below in the comments. Tony wanted to learn more about Junk Removal
franchises. Junk is one of those businesses that people
never think about. They are fixated so much on smoothies and
hamburger franchises they don’t even want to look at Junk when we suggest it. But very often times the not so sexy franchises
like junk, cleaning and painting can be surprisingly good money makers. So in terms of visibility, the biggest, and
really the originator of the massive market that exists today is 1-800-GOT-JUNK. They were the first to get in way back in
1989 and experienced phenomenal growth that has resulted in some competition in the space. We will cover those today as well. 1-800-GOT-JUNK was founded by Brian Scudamore
– Brian is a fellow Canadian over on the West Coast. Brian has been tremendously successful in
franchising and we’ll try and get him on the channel one day for an interview. Brian left school at 19 to start his business
and today 1-800-GOT-JUNK has more than 2000 trucks in 3 countries, is a 300 million dollar
a year business and you see their blue trucks everywhere including prime time TV shows like
Dr Phil, Nightline, Game of Homes and throughout the media. Now the cost to open a 1-800-GOT-JUNK franchise
is between $209,800 to $255,680 and I will usually dig deeper into royalty costs and
fees for the featured franchise but today I wont. Why? Because there are pretty much zero territories
available anymore for 1-800-GOT-JUNK. That ship has sailed and unless you live in
one of the smaller expansion territories and there are apparently only 14 available in
all of the US and Canada – you are out of luck. But there are other opportunities in Junk
and we will cover those today. Brian Scudamore, founder of 1-800-GOT-JUNK
has also created several other innovative franchise opportunities we’ll take a quick
look at those towards the end of the video. So if you snoozed on the 1-800-GOT-JUNK franchise
opportunity you are likely out of luck but there are other options currently in that
space, but be forewarned even these newer franchises are becoming increasingly difficult
to find in many cities as they are selling out as well. Other popular brands are College Hunks Hauling
Junk and Moving, Junk King, and Junkluggers. Investment levels for these Junk Franchises
are in the $100,000 to $220,000 range and that will generally include working capital
and assume you are leasing your trucks. Now a lot of people are under the misconception
that as the owner of a junk business you are in a truck hauling junk all day. Absolutely not true. All the junk franchises that we work with
are an executive model, meaning the owner runs the business, hires and trains, handles
accounts, might go out and estimate occasionally but the real skill set these franchises are
looking for is a business professional, someone who can grow and expand their business to
multiple trucks not someone with experience in hauling junk. You’ll need to be good with people, customer
acquisition and retention, and keep them happy as online reviews these days can make or break
your business. So if we determine that a junk franchise might
be a good fit for the client and is available in the territory there are several things
you want to look at. Size of the truck and cost per load. You know a lot of people think if there is
competition in a space it’s a bad thing. If there is competition in a space that means
there is already an existing market. So if we can go in with a market differentiator,
and that can be things like a bigger truck at a lower cost, it can mean showing up faster,
it can mean greener or any number of things. But competition is not a bad thing. And those same people who complain they can’t
start a business because there is competition are the same people who couldn’t start a business
because nobody else was doing it. It’s just fear – get over it and start a business
already. One of the things I found really neat about
the Junk Business is that some brands also provide National Alliances, so you are picking
up merchandise that gets thrown away from Big Box stores. These big box stores often throw away things
like wide screen TV’s or patio sets that are a just a bit damaged. One of the franchisees we spoke with had two
60″ TV’s in his office he got for free. Also a lot of residential customers throw
stuff away that can be resold, and because of this some franchises also suggest you retain
a warehouse to store things and create an additional revenue stream by reselling this
“junk”. I have heard of some amazing stuff being thrown
away in affluent areas like grand pianos and antique furniture worth thousands of dollars. This is a cash revenue stream you put an ad
on craigslist and sell and keep the money. Remember always pay your taxes on income earned. But Robert get to the earnings already! Taken from the brand new 2018 FDD, and the
FDD is the franchise disclosure documents that all franchises by law must have, mature
1-800-GOT-JUNK franchisees averaged $1,737,711 in gross sales, the highest franchisee in
the system earned $9,208,241 Yes – almost 10 million dollars a year hauling junk. and
similar competitive franchises indicate close to 3 million in their Franchise Disclosure
Documents. Junk, if you are in the right city, and have
the right business skills can be very lucrative as well as scalable. Now obviously we don’t have time in one video
to delve into every aspect of junk franchising, if you think your city might be a good fit
and you have business experience give us a call to see what is available in your area. Now before we wrap up I also wanted to cover
the newer franchises that are available from 1-800-GOT-JUNK founder Brian Scudamore. The umbrella name for the suite of four brands
is O2E, which stands for ordinary to extraordinary. O2E takes ordinary home services and turns
them into exceptional experiences. The four brands in the O2E family are 1-800-GOT-JUNK,
WOW-1-DAY PAINTING, You Move Me and Shack Shine. Each of these brands is using the same strategies
of success as they did with 1-800-GOT-JUNK. And here are your total investment amounts
for those respective brands. You Move Me $104,000 – $192,200 WOW 1 DAY
PAINTING $90,000 – $130,000 Shack Shine $70,350 – $104,130 financing available with as low
as $30K down OAC. And we will take a more in depth look at all
of these brands in a future video If you would like to take a closer look at
Junk franchises or any other franchise opportunities give the experts a call at franchise city
– you can also browse our franchise directory Ill place a link above – don’t forget to like
and subscribe. thanks for watching

38 comments on “1-800-GOT-JUNK – 10 Million a Year in JUNK??”

  1. Eli Bromlow says:

    I think that you forgot about Waste Management company.

  2. Fred Omi says:

    great channel. thank you guys. i was wondering though, where do you guys make your money from? you hook us up with a franchisor for free? you get a commission from the franchisor? i'm just trying to understand the structure 🙂

  3. Tony Marlowe says:

    Thanks so much for the video. Great insights.

  4. Josh M says:

    Love your work Robbo! <3

  5. working shlub says:

    so true..i have been in the property management/maintenance field for many years…my whole house is things tenants left behind or junked..flatscreens..recliners..lawnmowers..those portable air conditioners..decent bedroom /living room sets…exercise equipment you name it.

  6. Gwinnet says:

    Best useful videotape

  7. Heavy Distortion says:

    Got Junk? Asked the heroin addict to the truck driver.

  8. EL BAUL DE LOS RECUERDOS says:

    Your videos, Sir, are amazing. Thank you for sharing so much eye-opening information.

  9. Ross Press says:

    There are so many businesses please make a video Every day!!!!

  10. jmar1973 says:

    Those Sanford And Son guys were ahead of their time! 😹

  11. James Fenian says:

    In general, how is franchising different in Canada than the U.S?

  12. mpiazza000 says:

    Whats the catch? U know the owner, all ur u are negative about the franchise but not this.

  13. N Weld says:

    This is not a junky video.

  14. chris brown says:

    Please Please can you review CEX in the UK? Would be much appreciated.

  15. Lord Papeles says:

    Like they say one mans trash is another mans treasure.

  16. Awesome Sauce! says:

    Because everybody has a ton of junk 💪💪💪

  17. Angel Garcia says:

    would you be able to do a Snap-On tools franchise? Or Matco Tools or MAC tools?

  18. Mike G says:

    With this type of business, why shouldn't I just start my own small company instead of going the franchise route?

  19. Devin Weidinger says:

    Can you talk more about RV Parks / Tiny home communities / Community Cabin, basically those franchises that focus on small footprint realestate and renting them out either short term or long term.

  20. fan fan says:

    Expedia cruise ship centers please

  21. poopoopoo says:

    What is your opinion on Logan Paul

  22. poopoopoo says:

    What is a sexy franchise

  23. Scott Gibson says:

    This is the first video that seems like something I would want to ever get involved with. Have you ever reviewed Taylor Rental?

  24. Scott Gibson says:

    I think why this one is a good business is while you may work hard and put in your hours you are not working 24 7 and you may actually paying your workers a decent wage, less turn over. Also people are always looking for someone to do their dirty work. I am older now and have a house cleaner and lawn person as do most in my town. When I was younger and not doing so well financially I did these task myself. I still do my own home repairs but thats because I enjoy fixing thing, not so with cleaning. Take care

  25. Gary F says:

    You say the franchisee gets 1.7 million or 9 million. That is gross profit not franchisee take home right?

  26. maworeb says:

    I have my own Junk Removal business (not a franchise) A local 1800GotJunk franchise quoted a local business an obscene amount of money for some junk removal. The business called me instead and I got the job HAHA since I don't have franchise fees to cover and a portion of the profits goes back to 1800GotJunk just remember that when you have a franchise, that's why they charge more plus all their staffing costs. Interesting how in my area I see at least 4 to 6 different 1800GotJunk trucks parked around the city in order for them to generate attention to their business, apparently this local franchise isn't that busy since if they were then why would they have 4-6 trucks at any given time parked around the city? It's marketing obviously but the truck makes more money rolling down the road to or from a job, not sitting around empty trying to create attention. If they were REALLY were profitable then all these trucks would be rolling.

  27. hoffwell says:

    Here in the UK there is a saying – where there's muck there's brass. Quite true.

  28. Patrick S says:

    Great channel! I've been binging on your highly educational content.

  29. super nerd says:

    there are cheaper junk hauling options out there ….but those options may not be licensed and insured and may do illegal dumping.(you may find yourself responsible for there actions or injuries) do not try and save money do it right. use 1-800-got-junk ,college hunks or junk kings. I have used all three and they all do it right.

  30. DimitriVHefley says:

    Been thinking about starting one of my own junk hauling businesses. Gotta start somewhere. Love your videos!

  31. Original Wasta_Gaming says:

    1:59

    Game of homes? 🤔

  32. nicewknd says:

    I understand how this franchise works and it is actually pretty easy to get around them and save a ton of money. Having lived in my location for several years, I know the location of the biggest scrapyard, recycling centre, landfill, this one is so big it does all three. All the junk franchise, as well as the smaller ones, use this location as I see the trucks there all the time. I usually rent a truck from Home Depot or Lowes on an as needed basis and take the junk there myself spending a fraction of what they charge.

  33. Christopher Charles says:

    I work for 100 got junk it's amazing on how many Unnecessary items end up in the garbage or landfills or even before the landfills just the sorting machines themselves that don't need to be there. A lot of the stuff that we salvage can easily be repainted refixed and this infected for reuse. Internet regard we are helping the bigger picture the planet from being over used in a destructive way.

  34. Junkin Irishman - Junk Garbage Removal says:

    Junkin Irishman is starting to franchise as well. Check us out!

  35. Darius Patterson says:

    One of the best YouTube channels discussing business hands down. Thanks for all of the info you're providing.

  36. Andrea Laughlin says:

    1-800-junk is unbelievably expensive as a service. local junk haulers will do it for a quarter of the price. Apps such as offer up list independent services and I found a service that was fast, quick, professional, 24 hours and cheap. I used them few month or a year while I was renovating a house on my own. $800 quote for a load that fix in the back a of a 6 ft pickup. Independent operator $200 for same thing done within 2 hours of calling.

  37. rob w says:

    The content on this channel is phenomenal

  38. 1p4142136 says:

    I wonder if poop services is a great business franchise. Setting up portable toilets and disposing of bodily waste. And of course also an executive position.

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