What does a Junkluggers Franchise Cost?
Junkluggers franchise fees for 2024:
Cash Investment: $75,000
Total Investment: $96,010 - $339,160
Minimum Net Worth: $250K & $75k liquid for single unit, 2-pack
$800K net worth and $200K liquid, 3-pack $1.2M net worth and $300K
liquid. (Liquid can be stocks, cash, HELOC,401K.)
Franchise Fee: $50,000, includes Remix Market
Training Fee $5,000
Royalty: 7%
Ad: 2%
Average Number of Employees: 3
Item 19: Yes
SBA Approved: Yes
Passive Ownership: Yes Semi-absentee, absentee with GM
Home Based: yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: 30%
Is Junkluggers a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Junkluggers is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Junkluggers a Home Based franchise?
Yes. Junkluggers is a home based franchise opportunity.
What Do Junkluggers Franchise Owners Make?
Click here to find out how much Junkluggers franchisees make. Junkluggers offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Junkluggers a Master Franchise Opportunity?
No. Junkluggers is not a master franchise opportunity.
Does Junkluggers Offer a Veteran Discount?
Yes. Junkluggers franchise does offer a veteran discount.
Does Junkluggers Work with E2 Visa and EB-5 Visa Candidates?
Yes. Junkluggers franchise does work with E2 Visa and EB-5 Visa candidates.
Is Junkluggers Looking for Franchisees in Canada?
No. Junkluggers franchise is not looking for Canada franchisees.
Is Junkluggers Looking for International franchisees?
No. Junkluggers franchise is not looking for International franchisees.
Where can I see Junkluggers's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.