Bin There Dump ThatFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Bin There Dump That franchise requires a total initial investment of $116K – $235K, including a $29K franchise fee. Per the 2025 FDD, average unit revenue was $301K[2]. SBA 7(a) loans show a 2.8% charge-off rate across 65 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $116K – $235K
- 35th pct Business Serv…
- Avg gross sales
- $301K
- 6th pct Business Serv…
- Royalty
- N/A
- Units
- 226
- 49th pct Business Serv…
- SBA default
- 2.8%
- system-wide median varies by category
Quick verdict · Business Services · color = vs category peers
Green = >15% above Business Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 226 to 198 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $116K – $235K including a $29K franchise fee.
- Average unit revenue of $301K/year (median $287K).
- Verdict A (Top Quintile) with a risk score of 19/100. SBA loan charge-off rate of 2.8% across 65 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Bin There USA, LLC
- Parent company
- That Franchise Inc.
- Ultimate parent
- That Franchise Inc. (TFI)
- CEO title
- Manager, President, Chief Executive Officer
- Michael J. Kernaghan
- CEO experience
- 32 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 2010 Winston Park Drive, Suite 300, Oakville, Ontario, L6H 5R7 Canada
- Auditor
- UHY LLP
- Audited financials
- Franchisor revenue
- $6.8M
- vs $7.6M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Independent franchisee associations
- Franchisee Advisory Board
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- TN Pest Control
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Bin There Dump That franchisees operate portable dumpster rental businesses, placing temporary waste containers at residential and commercial job sites. Day-to-day operations include customer acquisition, scheduling deliveries/pickups, container maintenance, and waste disposal logistics. Franchisees typically manage 1-4+ production vehicles depending on territory demand and capital.
- CEO
- Michael J. Kernaghan
- Founded
- 2010
- FDD year
- 2025
- States available
- 34
FDD Item 7 · 2025 filing · 8 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $29K | $55K | |
| Premises Rent and Security Depositnot refundable | — | — | |
| Vehiclesnot refundable | $15K | $16K | |
| Opening Inventory of Bins, Equipment and Suppliesnot refundable | $50K | $120K | |
| Initial Training Expensesnot refundable | $2K | $2K | |
| Insurance and Other Prepaid Expensesnot refundable | $8K | $17K | |
| Licenses, Legal and Accounting Feesnot refundable | $2K | $5K | |
| Additional Funds (three months)not refundable | $10K | $20K | |
| Total initial investment | $116K | $235K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$42K
14.0% margin
Unlevered ROIC
22%
EBITDA / total invested capital
Payback
4.5 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $116K – $235K
- Better than avg vs category
- Liquid capital req'd
- $10K – $20K
- Better than avg vs category
- Franchise fee
- $29K – $55K
- Better than avg vs category
- Royalty
- Year 1: $600; Year 2: $900; Year 3: $1,200; Year 4+: $1,3…
- Ad fund
- -n/d
- Total fee load
- 20.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | $600-$1,355 per production vehicle per month |
| Technology fee | $500 |
| Training fee | $2K |
| Transfer fee | $15K |
| Renewal fee | $15K |
| Total fee load | 20.0% of rev |
At 20.0% total fee load, roughly $60K per year goes to the franchisor before you pay a single operating expense.
Financial Performance
- Avg gross sales
- $301K
- Per unit, per year
- Median gross sales
- $287K
- Item 19 type
- Total Sales and Jobs
- Sample size
- 357 units
- vs category median 32 · large
- Range (low → high)
- $137K→$427K
- Cohort dispersion (min → max)
- Quartile band
- $137K→$427K
- Bottom 25% → top 25%
- Transparency
- 4 / 5
- vs category median 3 / 5 · above
Compared against 360 Business Services brands
vs Business Services averages
How Bin There Dump That Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 226
- Opened
- 22
- Last reporting year
- Closed
- 2
- Turnover rate
- 0.9%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +9.7%
- Net unit change last year
- 3-yr CAGR
- +14.1%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 22
- Closed (3yr)
- 1
- Transfers (3yr)
- 9
- Projected new
- 13
- Franchisor's next-year forecast
- Transfer rate
- 4.0%
- Owners selling to other franchisees
- Ceased ops
- 0.4%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 65
- Loan volume
- $18.6M
- Median loan
- $201K
- 50th percentile
- Charge-off rate
- 2.8%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 93.8%
- 5-yr charge-off
- 6.7%
- Loans approved 2021+
- Active lenders
- 36
- Defaults
- 1
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Bin There Dump That's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 12 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bin There Dump That presents moderate-to-caution risk due to undisclosed net income, aggressive tiered royalties, recent litigation over breaches, and modest unit growth—warranting deep franchisee validation before investment.
Litigation (Item 3)
Bin There USA LLC v. Farrar et al., No. 3:21-cv-00149 (E.D. Va.). Franchisor filed action in March 2021 against BIN THERE DUMP THAT franchisee in Fredericksburg, VA for repeated breaches and sought preliminary injunction. Case settled May 2021 with $10,000 payment and consent judgment validly terminating franchise agreement and enjoining defendants from using BIN THERE DUMP THAT marks. Defendants violated consent judgment in late 2021 and early 2022; franchisor filed contempt motion. Consent order entered May 2022 finding defendants in contempt, permanently enjoining operation in Richmond, VA city limits, and requiring $25,000 payment (paid in full).
Largest disclosed settlement: $25,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · UHY LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
Score breakdown · what drove the 19 / 100 rating
- 01MEDNet income not disclosed in FDD despite $301K average revenue — profitability opaque and concerning
- 02MINOREscalating royalty structure ($600→$1,355/month per vehicle) creates significant cost burden in years 2-4; total royalties could exceed $16K annually on single vehicle
- 03HIGHLitigation history shows franchise agreement breaches and contempt of court (2021-2022); $35K in settlements indicates enforcement issues and franchisor-franchisee tension
- 04MINORModest unit growth of 9.7% YoY is underwhelming for a mature franchise; suggests market saturation or franchisee challenges
- 05MINORHigh initial investment ($116K-$235K) paired with withheld profitability data creates asymmetric risk for franchisees
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Population |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | New York |
| Litigation count | 1 |
View Item 3 litigation summary
Bin There USA LLC v. Farrar et al., No. 3:21-cv-00149 (E.D. Va.). Franchisor filed action in March 2021 against BIN THERE DUMP THAT franchisee in Fredericksburg, VA for repeated breaches and sought preliminary injunction. Case settled May 2021 with $10,000 payment and consent judgment validly terminating franchise agreement and enjoining defendants from using BIN THERE DUMP THAT marks. Defendants violated consent judgment in late 2021 and early 2022; franchisor filed contempt motion. Consent order entered May 2022 finding defendants in contempt, permanently enjoining operation in Richmond, VA city limits, and requiring $25,000 payment (paid in full).
Items 10, 11
Training & Operations
- Classroom training
- 26 hrs
- On-the-job training
- 35 hrs
- Training location
- Oakville, Ontario or another designated location
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
41 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Bin There Dump That · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Bin There Dump That franchise?
The total investment to open a Bin There Dump That franchise ranges from $116K – $235K, with an initial franchise fee of $29K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Bin There Dump That franchise owners earn?
According to Item 19 of the Bin There Dump That FDD, the average gross sales per unit is $301K. The median is $287K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Bin There Dump That's franchise failure rate?
Based on SBA 7(a) loan data, Bin There Dump That has a charge-off rate of 2.8% across 65 loans, meaning 2.8% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Bin There Dump That franchise locations are there?
As of their most recent FDD filing, Bin There Dump That has 226 total units in the United States, including 226 franchised units and 0 company-owned units. 22 new units were opened in the latest reporting year.
Is Bin There Dump That a good franchise to buy?
FranchiseVerdict rates Bin There Dump That as a A-grade franchise with a risk score of 19 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.