The demand for junk removal is growing rapidly across the U.S. and Junk King is leading the charge to address consumer needs through a strategic and sustainable approach.
The junk removal industry generates $10 billion and employs over 481,400 people in the U.S., according to a study by the U.S. Bureau of Labor and Statistics. Those numbers are expected to increase each year, positioning the junk removal industry for exponential growth long-term.
Additionally, the average revenue for a junk removal business is roughly $1.4 million per year with an annual growth rate of 3.5%, according to IBISWorld, an industry research firm. As more homeowners and businesses recognize the benefits of professional junk removal services, the industry continues on an upward trajectory.
For Junk King, we’re now well past the $100 million revenue mark with more than 600 trucks on the road, which are 20% larger than our competitors. We address not only the demand for junk removal, but also focus on a sustainable model that includes recycling and repurposing 60% of every truckload to keep junk out of landfills.
Given our robust business model and the increasing demand for junk removal, this presents an excellent opportunity for franchisees to reap the benefits of multiple revenue streams.
Adding to our extra-large trucks, which set us apart in the industry, our B2B and B2C self-service dumpsters are one of several ways our franchisees can cut costs and up their revenue stream. Franchisees are given 36 months to offer dumpster services without having to pay an additional franchise/licensing fee.
On top of dumpsters, our franchisees benefit from our extensive marketing support, which includes advertising programs, national TV programs, social media campaigns and CTV campaigns.
Junk removal franchises may be trending, but Junk King has unmatched staying power in the industry given our diversified income model, sustainable approach and services that are in high demand.