In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:

Section I – Estimated initial investment (franchise costs) for a Rubbish Works franchise, based on Item 7 of the company’s 2023 FDD

Section II – Initial franchise fee, royalty fee, and marketing fee for a Rubbish Works franchise, based on Items 5 and 6 of the company’s 2023 FDD

Section III – Number of franchised and company-owned Rubbish Works outlets at the start of the year and the end of the year for 2020, 2021, and 2022, based on Item 20 of the company’s 2023 FDD

Section IV – News updates on the Rubbish Works franchise opportunity

Section V – Presentation and analysis of Rubbish Works’ financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2023 FDD, including information on the:

• 2022 average, median, highest, and lowest job size for the 4 Rubbish Works franchisees who were open and reporting gross sales for the full 2022 fiscal year

Section VI – Key ratios, comparables, computations, and analyses for the Rubbish Works franchise opportunity (exclusive content for Platinum subscribers)

Section I – Rubbish Works Franchise Costs

• Rubbish Works franchise costs, based on Item 7 of the company’s 2023 FDD:

• Franchise Fee:  $65,000
• Vehicle:  $1,500 to $5,000
• Real Estate and/or Leasehold Improvements:  $0 to $3,000
• Equipment and Supplies:  $1,250 to $3,500
• Insurance:  $2,000 to $5,000
• Signage:  $3,000 to $4,000
• Technology Fee:  $5,000
• Grand Opening:  $2,500 to $5,000
• Training Expenses:  $2,000 to $4,000
• Licenses/Bonds:  $100 to $1,500
• Professional Fees:  $1,500 to $3,000
• Additional Funds (3 months):  $22,500 to $40,000
• Total Estimated Rubbish Works Franchise Costs:  $106,350 to $144,000

Section II – Rubbish Works’ Initial Franchise Fee, Royalty Fee, and Marketing Fee

• Rubbish Works’ initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD:

• Franchise Fee:  $65,000
• Royalty:  6% of Gross Sales; $150 per week, minimum
• Marketing Fund:  2% of Gross Sales
• Advertising Cooperative Fee:  up to $10,000 or 2% of Gross Sales per year, whichever is greater

Section III – Number of Franchised and Company-Owned Rubbish Works Outlets

Franchised

2020

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2021

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  8
• Net Change:  +8

2022

• Outlets at the Start of the Year:  8
• Outlets at the End of the Year:  10
• Net Change:  +2

Company-Owned

2020

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2021

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2022

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

Section IV – News Updates on the Rubbish Works Franchise

• Junk Removal Franchise Rubbish Works Aims to Add 6 Locations by End of 2023

• Rubbish Works Continues to Sweep Competition in the $51.6 Billion Junk Removal Industry

• Junk Removal Franchise Rubbish Works Is the Newest Addition to Premium Service Brands’ Thriving Portfolio

• Rubbish Works Did Not Rank on Entrepreneur’s 2023 Franchise 500 List

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Rubbish Works Franchise (Item 19, 2023 FDD)

Average, Median, Highest, and Lowest Job Size for Franchised Businesses During the 2022 Fiscal Year

• Rubbish Works surveyed the 4 franchisees who were open and reporting Gross Sales for the full 2022 fiscal year regarding their average job size during the 2022 fiscal year. The below information reflects the responses from these 4 franchisees.

• The below information does not include information for the 3 franchisees who were not open and reporting information during the full 2022 fiscal year.

• Average Job Size:  $305
• Median Job Size:  $360.14
• Highest Job Size:  $449.92
• Lowest Job Size:  $270.37

• This number is representative of franchised Businesses that reported all 12 months in 2022.

• All data pulled from franchisee-submitted reports and assumed to be accurate.

• Rubbish Works has not audited or verified this information. This information has not been separately audited or verified by an independent certified public accountant, and it may not have been prepared on a basis consistent with generally accepted accounting principles.

• Some outlets have sold this amount. Your individual results may differ. There is no assurance that you’ll sell as much.

Section VI – Rubbish Works Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️