Just Junk® Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
JUST JUNK is a junk removal franchise hauling and disposing of household and commercial debris. Franchisees run local operations, managing crews, dispatch, hauling, and customer scheduling.
FranchiseVerdict summary · 2026
A JUST JUNK® franchise requires a total initial investment of $62K – $198K, including a $10K franchise fee and an ongoing 10.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $62K – $198K
- 18th pct Business Serv…
- Avg gross sales
- N/A
- Royalty
- 10.0%
- 32nd pct Business Serv…
- Units
- 3
- 9th pct Business Serv…
- SBA charge-off
- N/A
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $62K – $198K including a $10K franchise fee, 10.0% ongoing royalty.
- RETURNSAudited statement of income for the period October 2, 2024 (date of inception) through December 31, 2024 reports Revenues of $0; the company was newly formed and had a net loss of $(45,965). An unaudited interim P&L for Jan-Sep 2025 shows Total Revenue of $151,737.95 (RCSF/royalty and corporate services fees), but that is unaudited.
- RISKVerdict D (Below average), verdict score 35/100 (higher is better).
- FLAGAuditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- JUST JUNK USA CORP.
- Parent company
- Just Junk Franchising Corp.
- Ultimate parent
- 2655659 Ontario Inc.
- CEO title
- Director, President and Secretary
- Michael Thorne
- Incorporated in
- Delaware
- HQ
- 110B Hannover Drive, Suite 203, St. Catharines, Ontario, Canada L2W 1A4
- Auditor
- Lumsden & McCormick, LLP
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
- CEO
- Michael Thorne
- Headquarters
- Ontario, Canada
- Founded
- 2024
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 53% below the typical business services franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $10K | $10K |
| Working capital (3–6 mo) | $20K | $40K |
| Equipment, build-out, other | $32K | $148K |
| Total initial investment | $62K | $198K |
Source: JUST JUNK® 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $62K – $198K
- Top 40% of category vs category
- Liquid capital req'd
- $20K – $40K
- Top 40% of category vs category
- Franchise fee
- $10K – $10K
- Top 40% of category vs category
- Royalty
- 10.0%
- percentage · typical 6–8%
- Ad fund
- 10.0%
- typical 3–5%
- Total fee load
- 18.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 10.0% of gross sales |
| Marketing / ad fund | 10.0% of gross sales |
| Transfer fee | $20K |
| Renewal fee | $3K |
| Total fee load | 18.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
JUST JUNK® did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one JUST JUNK® unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
14%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Audited statement of income for the period October 2, 2024 (date of inception) through December 31, 2024 reports Revenues of $0; the company was newly formed and had a net loss of $(45,965). An unaudited interim P&L for Jan-Sep 2025 shows Total Revenue of $151,737.95 (RCSF/royalty and corporate services fees), but that is unaudited.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 18.0% — above the Business Services average of 11.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Business Services averages
How Just Junk® Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 3
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 3
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 4
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 3 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.
No SBA loan data available for this brand.
What could kill this investment?
The auditor flagged going-concern doubt (Item 21) — the single biggest risk here.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
This is a high-risk opportunity with undisclosed unit count, no financial performance data, unprotected territory, and franchisor going-concern issues that suggest systemic viability problems.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $30,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Lumsden & McCormick, LLPⓘ Going-concern language present, but this is an early-stage franchisor with limited operating history — common for new systems and not necessarily a sign of distress.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 35 / 100 verdict
- 01MINORNo average revenue or net income provided — cannot assess ROI or profitability claims
- 02HIGHGoing Concern status is FALSE — indicates franchisor financial distress or operational instability
- 03MINORNo Item 19 financial performance representations — suggests franchisor cannot or will not disclose earnings data
- 04MINORTerritory is unprotected — franchisees face direct competition from other JUST JUNK locations
- 05MINORUnknown franchise unit growth trajectory — cannot assess whether system is expanding or contracting
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 18.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 12 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Wilmington, Delaware |
| Jury trial waiver | No |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 18 hrs
- Training location
- Franchisee's home and franchise area (online + on-the-job)
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Franchisor financing
- Not offered
- Item 10
- POS system
- Junk Management System (JMS)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Junk Management System (JMS)
Item 20 · call current owners
Franchisee Contacts
3 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
JUST JUNK® · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a JUST JUNK® franchise?
The total investment to open a JUST JUNK® franchise ranges from $62K – $198K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do JUST JUNK® franchise owners earn?
JUST JUNK® does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the JUST JUNK® FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the JUST JUNK® FDD and qualifies whose outlets they describe.
What is JUST JUNK®'s franchise failure rate?
SBA 7(a) loan charge-off data is not available for JUST JUNK® (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 JUST JUNK® franchise locations are there?
As of their most recent FDD filing, JUST JUNK® has 3 total units in the United States, including 3 franchised units and 0 company-owned units. 3 new units were opened in the latest reporting year.
Is JUST JUNK® a good franchise to buy?
FranchiseVerdict rates JUST JUNK® as a D-grade franchise with a verdict score of 35 out of 100 (higher is better), 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
Are you the franchisor?
If you represent JUST JUNK®, you can request corrections or provide updated information.
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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.