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We are honored to share exciting news that has been released today about Junk King. Junk King has been acquired by Neighborly making this a strategic move to join forces with the world’s largest home services company. With the completion of this acquisition, our FDD is once again live.
The financial backing and national recognition of a company like Neighborly as well as its focus on franchise growth gives opportunity for your clients to be a part of a rapid-growing sector.
Please note, we will continue to be your main point of contacts when it comes to speaking with your clients about the Junk King franchise opportunity. Likewise, our focus remains on franchising Junk King only.
Since the inception of Junk King, we have been focused on growth and providing franchisees with a model that is affordable and has multiple revenue streams while having the opportunity to serve their communities and the planet. As one of the world’s largest home services franchisors, Neighborly will continue to keep Junk King at the forefront of the junk removal industry.
The U.S. waste sector is a $50 billon industry, with junk removal services accounting for $10 billion of total market size. There are more than 7,000 junk removal companies operating, primarily local "mom and pop" operations in the U.S.; however, 70% of them operate with less than 10 employees. Junk King is one of a handful of scaled franchised companies operating in this space today.
If you have any further questions on how to discuss this acquisition with clients and the benefits it will bring to them, you can reach out to us and we are happy to schedule a call to discuss more.
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