JUNK KING

Item 7 lays out the initial investment from $121,200 to $236,000, covering a $55,000 franchise fee, trucks, equipment, and working capital for your junk hauling, dumpster rental, and recycling operations. Ongoing fees hit 8% royalty, 2% ad fund, plus a 5% customer care fee, $400/month local marketing, and $159/month software—totaling around 15% of revenue in outflows. Item 19 shines with average gross sales of $553,959 and median $435,663 across franchised units, suggesting solid top-line potential if you hit the upper quartile, though medians flag variability by territory.

System metrics paint a stable but slow-growth picture: 172 locations as of late 2024, up just 2% from 169 in 2023, with 3 terminations, 31 transfers, and 9 projected new units. SBA data impresses—65 loans averaging $224,652 with a tiny 3.1% default rate—making financing realistic without franchisee pain. Litigation centers on ex-franchisee disputes over contracts and sales, but low terminations signal health; if waste management's recession-proof vibe appeals, Junk King's data supports a buy for hands-on operators eyeing $500K+ revenue in residential/commercial hauls.