Junk Raider franchise
2023 filing · July 26, 2023Shares sales figures
Junk Raider at a glance
A junk removal, hauling and property clean-up business. At the end of 2022 there were 1 Junk Raider locations in the US, all company-owned.
The business
- Franchisor
- Junk Raider Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Charlotte, North Carolina
What you pay
- Cost to open
- $35K–$81K
- A Starter territory
- Franchise fee
- $19,500
- Growth and Max territories are $39,000 and $55,000
- Royalty
- 8%
- The greater of 8% of gross sales or a minimum monthly royalty set by territory size (12% on customers outside your territory), paid monthly
- Brand fund
- None now
- Up to 2% of gross sales, not charged at present
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in North Carolina
From Junk Raider Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Junk Raider among all franchises with the same figure.
| Figure | Junk Raider | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $57,875 | Costs less than 95% of franchises |
| Franchise feePaid once, when you sign | $19,500 | Lower than 92% of franchises |
| RoyaltyShare of sales paid to the franchisor | 8% | Higher than 85% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Junk Raider franchise costs
Opening a Starter territory costs an estimated $35,250 to $80,500. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
The biggest costs are service vehicle ($8,000 to $20,000) and initial franchise fee ($19,500). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $19,500 | ||
| Construction and Leasehold Improvements | $0 | $2,500 | |
| Storage Unit | $0 | $500 | |
| Equipment | $500 | $10,000 | |
| Initial Inventory | $200 | $2,000 | |
| Computer, Software, and Business Management System | $50 | $2,000 | |
| Service Vehicle | $8,000 | $20,000 | |
| Service Vehicle Wrap | $500 | $2,000 | |
| Start-Up Marketing | $2,000 | ||
| Insurance Deposits – Three Months | $1,000 | $5,000 | |
| Travel for Initial Training | $1,000 | $3,000 | |
| Professional Fees | $500 | $1,000 | |
| When Due Licenses and Permits | $0 | $1,000 | |
| Additional Funds – Three Months | $2,000 | $10,000 | |
| Total | $35,250 | $80,500 | |
Source: Junk Raider Franchising, LLC, 2023 filing, page 16
Junk Raider franchise fee
The franchise fee is $19,500, Growth and Max territories are $39,000 and $55,000. You pay it when you sign the franchise agreement.
Source: Junk Raider Franchising, LLC, 2023 filing, page 10
Royalty and ongoing fees
| Royalty | The greater of 8% of gross sales or a minimum monthly royalty set by territory size (12% on customers outside your territory), paid monthly. |
|---|---|
| Brand or marketing fund | Up to 2% of gross sales, not charged at present. |
| Technology | Up to $1,000 per month, currently $300 per month |
| Additional Employee Initial Training | Our then current training fee, currently $500 per person per day |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Junk Raider Franchising, LLC, 2023 filing, page 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Junk Raider publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Junk Raider Franchising, LLC, 2023 filing, page 41
How Junk Raider compares
Of the 20 junk removal franchises on this site, Junk Raider is the 2nd cheapest to open and the 18th largest by number of locations.
| Figure | Junk Raider | Typical junk removal brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $35K | $122K | $222K |
| Cost to open, high end | $81K | $316K | $477K |
| Franchise fee | $20K | $50K | $40K |
| Royalty | 8% | 7.5% | 6% |
| US locations | 1 | 20 | 21 |
| Shares earnings figures | Yes | 16 of 20 | 2,147 of 3,352 |
Typical is the median across the 20 brands in junk removal franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Junk Raider Franchising, LLC, 2023 filing, page 44
Where Junk Raider locations are
At the end of 2022, Junk Raider had locations in 1 state. The most are in North Carolina.
- North Carolina1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| North Carolina | 0 | 1 | 1 |
Source: Junk Raider Franchising, LLC, 2023 filing, page 44
Who owns Junk Raider?
Junk Raider franchises are sold by Junk Raider Franchising, LLC. Its filing names no parent company.
From Junk Raider Franchising, LLC’s 2023 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Junk Raider Franchising, LLC, 2023 filing, litigation on page 10, bankruptcy on page 10
Junk Raider filings
The figures on this page come from Junk Raider Franchising, LLC’s 2023 filing, issued July 26, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | July 26, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Junk Raider is also on these lists: home service franchises.