Business Overview:
Great market with strong potential for huge continued growth
Junk King's two Richmond, Virginia franchises are for sale. Junk King is the second largest junk removal/recycling franchise, and the highest rated service brand in North America! Junk King has also recently become a Neighborly brand.
The Richmond, VA franchise opened in April 2012 with one truck and has grown to six trucks. In 2021, we segmented into two franchises: Junk King Richmond north of the James River, and Junk King Chesterfield south of the James.
Revenues have grown yearly. We have established relationships with several property management companies and apartment complexes in the territory, who use us regularly.
We are the only junk removal company that has a recycling warehouse-based operation. We recycle, repurpose, or donate as much as possible, rather than simply dumping everything in a landfill. This saves on dump costs and creates "back end" revenue on scrap sales.
We serve residential and commercial customers. Corporate franchisor has secured several national accounts.
Very technology-driven business showing 10+ years of sustainable growth. Large territory with huge potential for continued growth and expansion. Owners started the business over ten years ago with the intent of growing to $1 million/year and then moving on. We've done that and now It's now time to move on.
We have a great crew of honest, reliable, hard-working young men - the best crew we've ever had!
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Property Features and Assets:
Six Isuzu NRR custom-built junk hauling trucks. All have hydraulic hoists for dump capability. Two of the trucks have the Switch-n-Go system, meaning the body is removable and they can be used to move and deliver rolloff containers. We have eleven 12 cubic-yard dumpsters as well. Also included are two 40-foot steel shipping containers, with miscellaneous hand tools, power tools, trash cans, etc.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
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