Why Would You Buy A Junk Removal Franchise?

Why Would You Buy A Junk Removal Franchise?

Why would you ever consider buying a junk removal franchise? In 2008 when I started AC Trash Hauling, I was approached by an individual that sold franchises. Obviously he approached me about buying a franchise. I didn’t even look at the information and flatly rejected the opportunity. Nine years later as I revisit the franchise model, I ask myself, “Why would you ever consider buying a junk removal franchise?” My answer to this question is “I have no good reason to ever consider owning or operating a franchise!!” Allow me to share my story. AC Trash Hauling was started with $85 and a pickup truck. My primary goal was to pay my bills during the 2008 economic disaster. I’ll allow you to call it by any name you prefer. I was booted to the curb after a 30 year career in Construction and Construction Management. When the economy went sour, the construction industry was devastated. I am not certain about its current state of health. Furthermore, I am not interested in all of the details associated with its health either. I hope it is healthy and getting healthier as it is a good indication of how our economy is faring. I digressed a tad. I recently pulled some financial information about a trash/junk hauling franchise. A few key numbers in the overview were: • Start-up Expenses $86,950.00 Including: o Franchise Fee $40,000.00 o Initial Marketing $5,000.00 o Truck Deposit $12,500.00 o Working Capital $20,000.00 That my friends is a chunk of change just to get started. Wait there is more!! The franchisee also has ongoing expenses to be paid...