junk king
Brand Summary
Junk King was founded in 2005 by Michael Andreacchi and Brian Reardon to provide dependable junk hauling services for both commercial and residential customers. Since then, it has grown rapidly and is now the second-largest and fastest-growing junk removal service in North America. Junk King is known for its recycling-based model, providing a green approach by recycling or repurposing 60% of all junk collected.
Brand Superpowers
Greenest Junk Removal Service: Recycling or repurposing 60% of all junk collected, contributing to environmental sustainability.
Scalable Business Model: Low-cost investment with stable expenses and ease of scaling operations.
Strong Support System: Access to National Account Team, proprietary Junkware software, and comprehensive training.
Multiple Revenue Streams: Income from hauling, dumpster rentals, and dumpster bags.
Efficient Marketing & Customer Support: National marketing, call center services, and extensive training provided.
The Numbers
Industry
Junk Hauling/Waste Management/Home Services
Industry Size
$77 Billion
Year Started
2005
Year Started Franchising 2010
Franchise Units Awarded
170+
Franchise Units Open
157
Number of Franchise Owners
70
Company-Owned Units:
0
Royalty Fee
8%
Brand Fund Fee
$795 per month
Veteran Discount
Yes
Earnings
Investment Range $93,300 – $180,000
Franchise Fee
(Single Unit)
$78,000
Multi-Unit Discounts
2-5 Units: Available
Required Net Worth $150,000
Required Liquid Capital
$50,000+
Top Performer
$1,181,111
Key Statistic
Junk King recycles or repurposes 60% of all junk collected.
Average Revenue
$600,106
Business Basics
Business Model: B2C (75%) and B2B (25%)
Owner/Operator Role: Owners typically start as managers of day-to-day business; can become semi-absentee owners.
Employees Needed: All employees are part-time to start (recommend starting with three), except the manager.
Facility Requirement: 2,000 sq. ft. warehouse.
Home-Based? No.
Semi-Absentee Ownership? Yes.
E-2 Visa Eligible? Yes.
Target Customers: Residential homeowners, senior citizens, realtors, property managers, small contractors.
Major Competitor: Other junk removal services.
Staffing: Recommended starting with three part-time employees.
Market Strategy: Local and national marketing, partnerships with realtors and property managers, effective digital marketing.
Franchisee Support: Pre-opening support, in-person training, continual 1:1 operational support, national marketing assistance.
Growth Potential: Strong, scalable business model with multiple revenue streams.
Competitive Advantages: Trucks 20% larger than competitors, extensive franchisee support, robust software.
Breakeven Timeline: :
Typically, up and running in 4-11 weeks.
Training: Six to eight-week training program followed by ongoing training.
The Stats
Ideal Candidate
Motivated, community-minded individuals with a heart for service.
Background in logistics, home service, or sales is a plus.
Military experience is considered beneficial.
Frequently Asked Questions
What is the cost to open a new Junk King unit?
The initial investment ranges from $93,300 to $180,000, depending on territory size and other factors.
What are the franchise fees and royalty charges?
Franchise fees range from $54,000 to $78,000. Royalty is 8%, and the Ad Fund fee is $795 per month.
What is the revenue potential for a Junk King franchise?
Top earners have an average gross sales of $1,181,111, with overall average gross sales at $600,106.
Is financing available?
Junk King does not offer in-house financing but is registered with the SBA.
Is the business model recession-resistant?
Yes, Junk King provides essential services within the waste management industry, making it recession-resistant.
Can I operate as a semi-absentee owner?
Yes, it is possible to hire a manager to run the daily operations of the business.
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