FranchiseVerdict
Bin There Dump That logo
FV-00307·STRONGExcellent95

Bin There Dump That

OtherFranchising since 2011Website
Investment
$116K – $235K
41st pct Other
Avg revenue
$301K
11th pct Other
Royalty
Units
226
88th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $116K – $235K including a $29K franchise fee.
  • Average unit revenue of $301K/year (median $287K).
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 100 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Bin There USA, LLC
Parent company
That Franchise Inc.
Incorporated in
Delaware
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

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Bin There Dump That unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $301,130
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $116K–$235K
Working capital
$
FDD reports $10K–$20K

Unlevered ROIC · per unit

-5%

Negative

0%30–60% Yale band80%

Store EBITDA · annual
$-9K
EBITDA margin
-3.0%
Total invested
$191K
Payback
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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

Item 7 · what it costs

The Vitals

Total investment
$116K – $235K
All-in to open one unit
Liquid capital
$10K – $20K
Cash you must have on hand
Franchise fee
$29K
Royalty
Year 1: $600; Year 2: $900; Year 3: $1,200; Year 4+: $1,3…
Ad fund
20.0%
typical 3–5%
Total fee load
20.0%
vs 9–13% typical

Item 19

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 20 · large
Range (low → high)
$137K$427K
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank11th
vs Other peers
Investment cost rank41th
Lower investment ranks lower (better)
Royalty rate rank70th
Lower royalty = lower percentile (better)
Unit count rank88th
vs Other peers
Risk score rank6th
Lower risk = lower percentile (better)

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
2023
226+20
Franchised units
2024
206
Franchised units
2025
198
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
100
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

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.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNet income not disclosed in FDD despite $301K average revenue — profitability opaque and concerning
  2. 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
  3. 03HIGHLitigation history shows franchise agreement breaches and contempt of court (2021-2022); $35K in settlements indicates enforcement issues and franchisor-franchisee tension
  4. 04MINORModest unit growth of 9.7% YoY is underwhelming for a mature franchise; suggests market saturation or franchisee challenges
  5. 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

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
New York

Item 11

Training & Operations

Classroom training
26 hrs
On-the-job training
35 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

41 numbers

Locked
(905) 582-••••
Bin There USA, LLC
(859) 203-••••
KY
(205) 764-••••
AL

One-time purchase · CSV download · Validation questions included

FDD download

Bin There Dump That · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above