redbox+ Franchise
To buy a franchise with redbox+, you'll need to have at least $150000 in liquid capital and a minimum net worth of $500000. redbox+ charges a franchise fee of $49500. They also offer a discount for veterans.
Franchisor Details
Total Units: 160
Year Founded: 1975
Franchising Since: -
Home Office: Doylestown, Pennsylvania
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $150,000
Net Worth Required: $500,000
Total Investment: $443,546 – $547,335
Franchise Fee: $49,500
Royalty Type: $18.50/Week per container, the royalty reduces with scale
Vetern Discount: Yes
*redbox+ is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
Founder Jeff Matejka created the redbox+ company based on 30 years of experience in the waste management industry. Deeply familiar with the landscape of the construction industry and layout of typical construction sites, he noticed how the portable restrooms and waste containers were omnipresent on every location but distributed somewhat randomly. With that in mind, Jeff developed a way to increase efficiency and convenience for construction crews while significantly cutting costs. After obtaining patents for his exclusive roll-off container and portable restroom combination, Jeff's first redbox+ was created in 2006 and became an award-winning service in less than a year.
Industry Performance
In the $63 billion waste management industry, redbox+ has claimed industry dominance over competitors with its one-of-a-kind exclusive patented portable toilet and roll-off box combination fabricated to stand up to the rigors of construction and demolition. Portable sanitation revenue exceeds 1.5 billion dollars within the US, and annual growth between 2012 and 2017 averaged 3.1%. Our break-down design and assembly system offers franchisees significant savings in shipping, and our fully branded containers and trucks offer a professional and nationally recognized look that's sure to grab further business.
Training & Support
Extensive business, operational, sales, and marketing support is provided for new owners of redbox+ franchise operations. From our comprehensive training program covering industry standards and best practices under the brand to ongoing coaching and consultation services, new owners benefit from our nationally backed network of professional technicians and sales agents.
Ideal Candidate & Qualifications
Our organization is always on the lookout for hands-on, motivated entrepreneurs who have a solid business sense and a keen understanding of relationship building fundamentals. A solid waste, waste haulers permit, USDOT permitting, and a class B CDL are required, and a background in management, entrepreneurship, or sales is always helpful.
Purchasing a redbox+ Franchise
Our initial investment typically ranges from $443,546 - $547,335, depending on many factors. Initial franchise fees run $49,500, and prospective candidates are required to have a minimum net worth of $500k. Access to at least $150k in liquid funds is also required, and financing is currently unavailable for this offer.
"*" indicates required fields
redbox+ is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
"*" indicates required fields
redbox+ is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.