Source: FranopolisJunk King
The Business
SourcesThe current franchisor was formed on November 16, 2022 as a Delaware limited liability company.
2026 FDD · PDF Page 10 · Item 1 · View Source
Read More About The Business
The franchisor began offering Junk King® franchises in January 2023, although the franchisor’s predecessors first started offering franchises for the operation of a junk removal and recycling business and related services and products under certain standards and specifications under the Junk King® marks in February 2005.
2026 FDD · PDF Page 11 · Item 1 · View Source
The franchisor is a direct, wholly-owned subsidiary of Neighborly Assetco LLC.
2026 FDD · PDF Page 11 · Item 1 · View Source
Read Source Excerpts
We are a Delaware limited liability company organized on November 16, 2022.
We began offering Junk King® franchises in January 2023, although our predecessors first started offering franchises for the operation of a junk removal and recycling business and related services and products pursuant to certain standards and specifications under the Junk King® marks in February 2005.
Source NotesWe are a direct, wholly-owned subsidiary of Neighborly Assetco LLC (“Parent”).
What It Costs
SourcesWhere Your Startup Money Goes
| Cost | Disclosed Amount | Source |
|---|---|---|
| Initial Franchise Fee | $55,000 to $77,000 | 2026 FDD · PDF Page 37 Initial Franchise Fee (Note 1) $55,000 $77,000 |
| Travel and Living Expenses While Training | $1,200 to $5,000 | 2026 FDD · PDF Page 37 Travel and Living Expenses While Training (Note 2) $1,200 $5,000 |
| Professional Fees | $0 to $3,000 | 2026 FDD · PDF Page 37 Professional Fees (Note 8) $0 $3,000 |
| Inventory and Supplies | $800 to $1,500 | 2026 FDD · PDF Page 37 Inventory and Supplies (Note 3) $800 $1,500 |
| Signage | $500 to $1,000 | 2026 FDD · PDF Page 37 Signage (Note 5) $500 $1,000 |
| Office and Warehouse Lease | $1,500 to $7,000 | 2026 FDD · PDF Page 37 Office and Warehouse Lease (Note 7) $1,500 $7,000 |
| Additional Funds- 3 months | $50,000 to $103,500 | 2026 FDD · PDF Page 37 Additional Funds- 3 months (Note 10) $50,000 $103,500 |
| Vehicles | $10,000 to $30,000 | 2026 FDD · PDF Page 37 Vehicles (Note 6) $10,000 $30,000 |
| Security Deposits, Utility Deposits, Business Licenses and Other Prepaid Expenses | $2,200 to $5,000 | 2026 FDD · PDF Page 37 Security Deposits, Utility Deposits, Business Licenses and Other Prepaid Expenses (Note 9) $2,200 $5,000 |
Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.
SourcesFees And Payment Terms
| Fee | Disclosed Terms | Source |
|---|---|---|
| Annual Convention Fee | Currently $1,000 plus travel, lodging, meals and other expenses | 2026 FDD · PDF Page 30 |
| Key Account Fee | Varies, typically a fee equal to 2% to 20% of the invoice amount | 2026 FDD · PDF Page 33 |
| Additional Email Accounts | Additional Microsoft Office365 Exchange, E1 and E3 email accounts are available at $5.50 to $30/month depending on type of email account. | 2026 FDD · PDF Page 29 |
| Software System Fee | $303.49 per month, plus: | 2026 FDD · PDF Page 29 |
| Additional Tableau Access | Additional access rights to the Tableau data warehouse (beyond the first license) may be granted for an additional $12/month or $144/year. | 2026 FDD · PDF Page 29 |
| Software System Enrollment Fee | The amount of the enrollment fee is currently $1,250. | 2026 FDD · PDF Page 27 |
| Interest | 12% on unpaid balances | 2026 FDD · PDF Page 32 |
| Late Fee on Software System Monthly Fees | $25 per month or the maximum amount allowed under the law, whichever is less. | 2026 FDD · PDF Page 30 |
| Training Fee for Purchase of Existing Franchise | If you are purchasing an existing JUNK KING business, we do not charge you an Initial Franchise Fee but you must pay us, upon signing of your Franchise Agreement, a non-refundable $3,000 training fee for which we will provide you our initial training program. | 2026 FDD · PDF Page 27 |
| QuickBooks Online | If you obtain QuickBooks Online through ZorWare, you will pay an additional fee of $30 to $220 per month depending on the license tier that you select. | 2026 FDD · PDF Page 29 |
| Late Fee under Franchise Agreement | $10 per day | 2026 FDD · PDF Page 31 |
| Audit Noncompliance Fee | $500 per document (up to $2,500 per audit) that you fail to timely make available to us in connection with an audit; | 2026 FDD · PDF Page 32 |
| Third-Party Payment Administrative Fee | Our actual costs, including interest and penalties, plus a fee of the greater of $35 or 5% of the payment amount | 2026 FDD · PDF Page 34 |
| Additional Training Fee | The then-current fee, currently $500 per day, plus out-of-pocket expenses. | 2026 FDD · PDF Page 34 |
| Customer Care Center Fee | 5% of Gross Sales. | 2026 FDD · PDF Page 28 |
| Local Marketing Groups | Not to exceed 3% of Gross Sales; currently $400/month (and currently new franchisees receive a 6-month waiver of this fee). | 2026 FDD · PDF Page 28 |
| Additional Franchise Portal User Accounts | Additional Franchise Portal User Accounts are available at $20 to $40/month. | 2026 FDD · PDF Page 29 |
| License Fee | (a) 8% of Gross Sales for the first 18 months immediately following the opening of the Franchised Business, and (b) beginning in the 19th month of operation of the Franchised Business, the greater of (i) 8% of Gross Sales; or (ii) $2,000 per month (“Minimum License Fee”). | 2026 FDD · PDF Page 27 |
| Regional Meeting Fee | Currently $99 plus travel, lodging, meals and other expenses | 2026 FDD · PDF Page 31 |
| Transfer Fee | The greater of: (i) $7,500 or (ii) 5% of the sale price. | 2026 FDD · PDF Page 31 |
| Key Account Non-compliance Fee | The dollar value of the applicable Key Account job plus 20% processing fee | 2026 FDD · PDF Page 33 |
Some fees apply only to a specific event or service. These are not all monthly expenses.
SourcesThe Franchise Network
SourcesReported At Year-End 2023
| Year | Franchised At Year-End | Source |
|---|---|---|
| 2023 | 169 | 2026 FDD · PDF Page 74 · Item 20 |
These are reported outlet counts, not available territories or a measure of profitability. A dash means a count is not available in this record.
Review The Source Figures
Inside The FDD
SourcesPlain-language summaries of the available FDD information. Each summary links to its source, with original excerpts available to review.
Sources
The Franopolis report provides the source research. FDD page references identify the supplied excerpts when available.
01The Business And Its Ownership
The current franchisor was formed on November 16, 2022 as a Delaware limited liability company.
2026 FDD · PDF Page 10 · Item 1 · View Source
The franchisor began offering Junk King® franchises in January 2023, although the franchisor’s predecessors first started offering franchises for the operation of a junk removal and recycling business and related services and products under certain standards and specifications under the Junk King® marks in February 2005.
2026 FDD · PDF Page 11 · Item 1 · View Source
The franchisor is a direct, wholly-owned subsidiary of Neighborly Assetco LLC.
2026 FDD · PDF Page 11 · Item 1 · View Source
Read Source Excerpts
We are a Delaware limited liability company organized on November 16, 2022.
We began offering Junk King® franchises in January 2023, although our predecessors first started offering franchises for the operation of a junk removal and recycling business and related services and products pursuant to certain standards and specifications under the Junk King® marks in February 2005.
Source NotesWe are a direct, wholly-owned subsidiary of Neighborly Assetco LLC (“Parent”).
02The Leadership Team
The leadership team listed in the FDD includes Grayson Brown (Secretary of Manager and Franchisor, and EVP, General Counsel and Secretary of Neighborly).
2026 FDD · PDF Page 21 · Item 2 · View Source
Read Source Excerpts
Source NotesSecretary of Manager and Franchisor, and EVP, General Counsel and Secretary of Neighborly: Grayson Brown
13Trademarks
The franchisor grants you the right to operate a franchise under the name JUNK KING®.
2026 FDD · PDF Page 60 · Item 13 · View Source
Read Source Excerpts
Source NotesWe grant you the right to operate a franchise under the name JUNK KING®.
17Renewal, Transfer And Ending The Agreement
The initial franchise agreement lasts 10 years.
2026 FDD · PDF Page 65 · Item 17 · View Source
Read Source Excerpts
Source NotesInitial term is 10 years.
20Franchise Locations
At the end of 2023, the FDD reports 169 franchised locations. These are reported locations, not a count of territories available to buy.
2026 FDD · PDF Page 74 · Item 20 · View Source
Read Source Excerpts
Source NotesFranchised 2023 158 169 +11
Find The Right Business For The Life You Want.
You don’t have to compare every brand on your own. A franchise consultant can help narrow your options and work through what ownership would ask of you.
Bring your questions about this brand, your priorities and the kind of business you want to run.
Your Role
Understand the hours, sales and people responsibilities behind the ownership model.
Your Shortlist
Spend less time sorting through brands and more time on options worth exploring.
Your Market
Check territory options with franchisors and identify the next questions to ask.
Keep Exploring
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