FranchiseVerdict
JUNKCO+ logo
FV-01379·MODERATEExcellent86

Junkco+

Formerly known as Junk Removal

OtherFranchising since 2024Website
Investment
$191K – $338K
62nd pct Other
Avg revenue
$816K
27th pct Other
Royalty
4.0%
3rd pct Other
Units
20
48th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $191K – $338K including a $55K franchise fee, 4.0% ongoing royalty.
  • Average unit revenue of $816K/year.
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • Emerging franchise — only 2 years of franchising with 20 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Junkco+ International LLC
Parent company
BELFOR Franchise Group, LLC
Incorporated in
Delaware
HQ
5405 Data Court, Ann Arbor, MI 48108
Auditor
BDO USA, P.C.
Audited financials
Franchisor revenue
$31K
vs $30K 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 JUNKCO+ unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $815,528
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: $191K–$338K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

48%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$139K
EBITDA margin
17.0%
Total invested
$287K
Payback
25 mo
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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 JUNKCO+ units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.6M

on $8.2M purchase

Total debt

$6.5M

SBA $4.1M + senior + seller note

Overview

About

JUNKCO+ franchisees operate junk removal and hauling services, managing customer acquisitions, scheduling pickups, directing labor crews, and operating disposal/recycling logistics. Daily operations involve customer intake, route optimization, crew coordination, and vehicle maintenance across a protected service territory.

CEO
Sheldon Yellen
Founded
2024
FDD year
2026
States available
7

Item 7 · what it costs

The Vitals

Total investment
$191K – $338K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$55K
Royalty
4.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$816K
Per unit, per year
Median gross sales
Item 19 type
Actual Performance
Sample size
1 units
vs category median 20 · small
Transparency
3 / 5
vs category median 3 / 5 · typical
Revenue rank27th
vs Other peers
Investment cost rank62th
Lower investment ranks lower (better)
Royalty rate rank3th
Lower royalty = lower percentile (better)
Unit count rank48th
vs Other peers
Risk score rank32th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
20
Opened
20
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
2024
20+19
Franchised units
2025
0
Franchised units
2026
0
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
6
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

57
Risk · 0-100
MODERATE57 / 100

Early-stage junk removal franchise with 20 units, material lack of net income disclosure, and escalating royalties creates significant profitability uncertainty and franchisor sustainability risk.

Score breakdown · what drove the 57 / 100 rating

  1. 01MEDNet income not disclosed in FDD despite $815K average revenue — impossible to assess true profitability or ROI on $190K-$338K investment
  2. 02MINOROnly 20 units system-wide with unknown growth trajectory — indicates either early-stage concept or stalled expansion; insufficient scale for franchisor support infrastructure
  3. 03MEDEscalating royalty structure (4% to 5-8%) creates margin compression over time; combined with undisclosed net income, franchisees cannot model cash flow accurately
  4. 04HIGHGoing Concern = False is ambiguous language; requires clarification on franchisor financial stability and ability to provide ongoing support
  5. 05MINORHigh franchise fee ($55K) relative to small unit count suggests franchisor may be fee-dependent rather than system-growth focused
  6. 06MINORProtected territory provided but no detail on territory size, density, or exclusivity enforcement mechanisms

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Zip Codes
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
1.5 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Michigan

Item 11

Training & Operations

Classroom training
25 hrs
On-the-job training
5 hrs
POS system
JUNKCO+ Software
Operating tech stack

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

16 numbers

Locked
(213) 576-••••
CA
(608) 261-••••
WI
(605) 773-••••
SD

One-time purchase · CSV download · Validation questions included

FDD download

JUNKCO+ · FDD (2026) PDF

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