Smash My Trash
Formerly known as Smash Franchise Partners
Bottom line
- Total investment $372K – $492K including a $50K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $876K/year (median $705K).
- Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 209 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
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 Smash My Trash unit return on the cash you put in?
Unlevered ROIC · per unit
26%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Smash My Trash units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.2M
on $6.1M purchase
Total debt
$4.9M
SBA $3.1M + senior + seller note
Overview
About
Smash My Trash franchisees operate commercial trash compaction service businesses, collecting and compacting waste from commercial properties. Day-to-day work involves truck-based service delivery, equipment maintenance, customer relationship management, and generating revenue from both compaction service fees and ancillary services (resale of materials, additional services).
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 32 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Avoid — franchisor has going concern status, active litigation for fraud/misrepresentation, stagnant system growth, undisclosed profitability, and aggressive fee structure that may be unsustainable for franchisees.
Score breakdown · what drove the 49 / 100 rating
- 01HIGHGoing Concern status is FALSE — existential viability concern for franchisor
- 02HIGHLitigation history includes fraudulent misrepresentation claims and multi-million dollar awards against franchisor in Washington
- 03MINORExtremely slow unit growth (1.6% YoY) with 520 units suggests stagnation or contraction phase
- 04MINORNo Net Income disclosure despite $876k average revenue — profitability opacity is major red flag
- 05MINORHigh minimum royalty ($2,600/truck/month = $31.2k annually) creates fixed cost burden regardless of performance
- 06MINORDual royalty structure (8% compaction + 8% ancillary) on net revenue creates aggressive fee extraction
- 07HIGHItem 19 disclosure violations cited in litigation — franchisor may have misrepresented earnings
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
78 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Smash My Trash · FDD (2025) PDF