How much revenue does a CLOTHES BINS franchise make?

CLOTHES BINS does disclose financial performance data (Item 19) in their 2025 FDD, including average and median gross revenue figures. Get full access to see the exact revenue numbers and detailed financial breakdown.

How many CLOTHES BINS franchise locations are there?

As of the 2025 FDD, CLOTHES BINS has 70 franchise locations. The company has been franchising since 2015.

Can you get an SBA loan for a CLOTHES BINS franchise?

Yes, SBA loans are available for CLOTHES BINS franchises. We have historical SBA 7(a) loan data on file including approval counts, average loan amounts, and default rates. Get full access to see the complete SBA loan history.

Is CLOTHES BINS a good franchise to buy?

CLOTHES BINS shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

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CLOTHES BINS

Clothes Bin franchises enable operators to place, manage, monitor, and optimize recycling collection bins for clothes, shoes, and textiles at various public locations such as stores, apartments, and schools. Franchisees collect the donated items, transport them, and resell them in bulk to buyers in the textile recycling, thrift, and retail industries without sorting or altering the materials. The business targets general public donors for collections and wholesale buyers seeking affordable used textiles, with revenue driven by sales volume and market prices influenced by factors like location demographics and global conditions.

70locations

$162K–$217K

Since 2015

ServicesDavie, FLRecycling Brands, LLCClothesBinFranchise.comDisclaimer

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Franchise Costs

Franchise Fee

$49,500

Initial Investment

$161,940 – $216,980

Royalty Rate

N/A

Brand Fund

N/A

Fixed Monthly Fees

$672 – $972

$120/wk royalty ($6/Bin min $120) + $100/wk BLIP technology fee ($5/Bin min $100) + $200/mo accounting (up to $500/mo); national ad fund up to $1.50/Bin/wk (not currently collected); minor weekly fees for email, Google Voice, and ACH ~$25/wk combined.

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

$358,953

Median Gross Revenue

$241,537

Top Quartile Revenue

$1,139,889

Bottom Quartile Revenue

$69,887

Average Net Income

$114,372

Data Based On: 13 of our franchisees' financial statements for the 12-month period from January 1, 2024 through December 31, 2024. All 13 franchisees had more than 20 Bins in one territory.

* All figures are directly extracted from the 'Franchisees' Businesses' table on page 1 of the OCR document, representing the performance of 13 reporting franchisees for the 12-month period of January 1, 2024 through December 31, 2024. 'Average Income' is considered 'average_net_income' based on the description in Note 2, which states it's calculated by taking Gross Revenue less Cost of Goods Sold and Expenses. The 'High' and 'Low' values for Gross Revenue are used for revenue_top_quartile and revenue_bottom_quartile, respectively, as they represent the highest and lowest numbers in the data set as per Note 1. A profit range (best_guess_profit_low/high) could not be calculated due to the absence of specific expense percentage ranges or quantified total expenses beyond the average net income figure provided.

Extracted Item 19 Section

Avg. Revenue: $358,953

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CLOTHES BINS Franchise Analysis

Picture turning public donations of old clothes and shoes into a steady wholesale revenue stream—Clothes Bins makes that possible by placing collection bins in high-traffic spots. Their 2025 FDD discloses Item 19 revenue data that highlights wide performance spreads, while a robust SBA loan track record hints at accessible financing. But with explosive growth doubling locations in a year, is this low-labor model the hidden gem in waste management, or does the fee structure mask risks?

Item 7 lays out the initial investment from $161,940 to $216,980, covering the $49,500 franchise fee, bins, vehicles, and setup for 50-100 units. Ongoing fees bite at $120 weekly royalty (minimum $6/bin), $100 BLIP tech fee ($5/bin min), $200 monthly accounting (up to $500), plus minor $25 weekly for email/ACH. Item 19 reveals average gross revenue of $358,953 and median $241,537 across units, driven by bulk sales to recyclers without sorting hassles—top performers likely crush it in dense areas, but medians suggest scaling bins is key to hitting $300K+. SBA stats shine: 20 loans averaging $134,005 with just 5% default, signaling banks' confidence and realistic funding for most operators.

System metrics scream momentum—franchising since 2015, jumping from 38 to 70 locations (+84% in 2024), with 30 projected new units, only 2 non-renewals, 3 transfers, and 4 corporates. Low attrition points to sticky operators in this recession-resistant niche, as textile demand stays steady amid global shortages. For buyers eyeing passive-ish income under $220K, the revenue potential outweighs fees if you optimize bin placements; weaker locations drag medians down, so scout demographics hard before signing.

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Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How CLOTHES BINS Compares

Key Insights

Top 10 largest franchise system in Waste Management
Lower than average SBA loan default rate in Waste Management

Franchise	Investment	Fee	Royalty	Locations
CLOTHES BINS Current	$162K – $217K	$50K	N/A	70
Smash My Trash	$372K – $492K	$50K	8.0%	507
REDBOX+	$671K – $1.1M	$60K	8.0%	253
BIN THERE...DUMP THAT FRANCHISE AGREEMENT	$116K – $235K	$29K	N/A	226
JUNK KING	$121K – $236K	$55K	8.0%	172
1-800-GOT-JUNK?	$184K – $294K	$65K	8.0%	133
Waste Management Average 15 franchises	$273K – $440K	$50K	7.7%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 15 Waste Management franchises by location count.