Heavyweight WasteFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A HEAVYWEIGHT WASTE franchise requires a total initial investment of $570K – $757K, including a $50K franchise fee and an ongoing 8.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.4M[2]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $570K – $757K
- 81st pct Cleaning & Ma…
- Avg gross sales
- $1.4M
- 44th pct Cleaning & Ma…
- Royalty
- 8.0%
- 39th pct Cleaning & Ma…
- Units
- 30
- 34th pct Cleaning & Ma…
- SBA default
- N/A
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = >15% above Cleaning & Maintenance 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
The system grew 56% year-over-year. Fast growth means demand, but can strain support.
Bottom line
- Total investment $570K – $757K including a $50K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $1.4M/year (median $1.4M).
- Verdict F (Bottom Quintile) with a risk score of 85/100.
- System growing at 250.0% CAGR over 3 years with 30 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Heavyweight Waste Franchise Partners, LLC
- Parent company
- SMT Holdings, LLC
- Incorporated in
- IN
- HQ
- 535 W. Carmel Drive, Carmel, Indiana 46032
- Auditor
- Citrin Cooperman & Company, LLP
- Audited financials
- Franchisor revenue
- $586K
- vs $262K prior year
Overview
About
Heavyweight Waste franchisees operate commercial waste and recycling collection services, managing customer routes, collection logistics, and disposal operations. Day-to-day activities include scheduling pickups, maintaining collection vehicles, managing customer relationships, and coordinating with disposal/recycling facilities. Franchisees are responsible for local sales, operations, and all staffing within their territory.
- CEO
- Justin Haskin
- Headquarters
- IN
- Founded
- 2021
- FDD year
- 2025
- States available
- 6
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $60K | $100K |
| Equipment, build-out, other | $461K | $608K |
| Total initial investment | $570K | $757K |
Source: HEAVYWEIGHT WASTE 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$143K
10.0% margin
Unlevered ROIC
19%
EBITDA / total invested capital
Payback
5.2 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $570K – $757K
- Below avg, review vs category
- Liquid capital req'd
- $60K – $100K
- Below avg, review vs category
- Franchise fee
- $30K – $50K
- Near category avg vs category
- Royalty
- 8.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $700 |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $1.4M
- Per unit, per year
- Median gross sales
- $1.4M
- Item 19 type
- Actual (Covered Businesses)
- Sample size
- 7 units
- vs category median 31 · small
- Range (low → high)
- $111K→$2.7M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 204 Cleaning & Maintenance brands
vs Cleaning & Maintenance averages
How Heavyweight Waste Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 30
- Opened
- 5
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 16
- Corporate units in the system
- % franchised
- 47%
- vs corporate-owned
- Net growth (yr3)
- +55.6%
- Net unit change last year
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 10 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.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Heavyweight Waste presents HIGH RISK due to substantiated misrepresentation litigation, regulatory investigation, undisclosed profitability metrics, unprotected territory, and going concern issues—warranting extreme caution despite revenue growth figures.
Audited financials (Item 21)
Yes · Citrin Cooperman & Company, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 85 / 100 rating
- 01HIGHMultiple active and concluded litigations involving misrepresentation, with a $2.875M award to plaintiffs indicating substantiated fraud claims
- 02MINORPending arbitration regarding misrepresentation and population data suggests current operational integrity concerns
- 03MINORNo average net income disclosure despite $1.43M average revenue, preventing ROI validation and suggesting profitability issues
- 04MINORWashington Securities Administrator investigation resulting in consent order indicates regulatory scrutiny of franchise operations
- 05MINORUnprotected territory creates direct franchisee competition and cannibalization risk within the 30-unit system
- 06HIGHHigh 55.6% YoY unit growth (18 new units) appears unsustainable given litigation backdrop and may indicate aggressive recruitment masking unit attrition
- 07HIGHGoing Concern status of False is critical red flag suggesting potential financial instability of franchisor
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 | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Geographic boundaries and population |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 3 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 5 |
Items 10, 11
Training & Operations
- Classroom training
- 7 hrs
- On-the-job training
- 32 hrs
- POS system
- Vonigo
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Vonigo
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
HEAVYWEIGHT WASTE · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a HEAVYWEIGHT WASTE franchise?
The total investment to open a HEAVYWEIGHT WASTE franchise ranges from $570K – $757K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do HEAVYWEIGHT WASTE franchise owners earn?
According to Item 19 of the HEAVYWEIGHT WASTE FDD, the average gross sales per unit is $1.4M. The median is $1.4M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is HEAVYWEIGHT WASTE's franchise failure rate?
SBA 7(a) loan charge-off data is not available for HEAVYWEIGHT WASTE (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many HEAVYWEIGHT WASTE franchise locations are there?
As of their most recent FDD filing, HEAVYWEIGHT WASTE has 30 total units in the United States, including 4 franchised units and 16 company-owned units. 5 new units were opened in the latest reporting year.
Is HEAVYWEIGHT WASTE a good franchise to buy?
FranchiseVerdict rates HEAVYWEIGHT WASTE as a F-grade franchise with a risk score of 85 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.
For franchisors
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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.