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Below is an in-depth analysis and side-by-side comparison of 310-DUMP vs Bin There Dump That including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $171,000 | $73,050 - $128,250 |
Franchise Fee | $15,000 | $29,000 - $45,000 |
Royalty Fee | 8% | $500-$1K/vehicle/mo. |
Advertising Fee | - | $1.2K-$2.4K/truck/mo |
Year Founded | 1995 | 2001 |
Year Franchised | 2009 | 2004 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * A minimum of $76,500 in liquid capital * Be ready to make a full-time commitment. * Have experience in marketing and Sales * Have Management Experience. * Be able to hire, train and coach employees * And be ready to open in the near future. Most of all - Have the Drive to be successful! | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | Training time is estimated to be not less than 10 business days including field and class time at our Head Office in Edmonton. Typically only the principal owner plus one more person must attend. | On-The-Job Training: 12-20 hours Classroom Training: 35 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Franchise can be run from home. 12.7% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | Yes |
International Expansion | - | - |
NO LONGER FRANCHISING
Trash to Haul... Call us! 310-DUMP is currently offering establishment openings crosswise over Canada. Our reliable business recipe shows a lucrative open door for the opportune individual to open and run an effective, turnkey organization. There are various intense elements empowering the development of our mechanical area * As society turns out to be progressively earth cognizant, less expansive vehicles (trucks, SUV's, and so on) are bought for individual utilize. Accordingly, the need to outsource pulling/moving to experts is on the ascent. * New evaluation information demonstrates that Canadians moving toward retirement are presently the quickest developing statistic in the nation. People born after WW2 are expanding the requirement for waste and garbage evacuation benefits as they cut back and rearrange their lives. * The thoughts of "comfort" and "sparing time" have turned out to be synonymous, as well as profoundly looked for after in our bustling economy. The constantly expanding quest for effectiveness is filling the administration division. Have what it takes? We're granting establishments to competitors who are active and have deals, showcasing, and additionally administration experience, and who are headed to succeed. Some person with regular conceived initiative capacity to manufacture a triumphant group.