
Website: ClothesBinFranchise.com
Franchise Fee: $49,500
Cash Investment: $125,000
Total Investment: $161,940 - $216,980
Net Worth: $500,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
Clothes Bin is a technology based, semi-absentee franchise system that recycles clothing. Strategically located in the parking lots of schools, convenience stores, gas stations, shopping centers or wherever people congregate, these bright green Bins are the go-to for anyone looking for a convenient way to recycle their clothes, shoes and textiles. The National Buyer Program is an option for franchisees to sell their recycled textiles through, and Bin Location Services are optionally available to assist franchisees in signing up locations to host Bins.
Clothes Bin® is a semi-absentee and technology-based franchise opportunity that works full-time:
The Bin® is your hardest working employee. The Bins work 24/7/365 without overtime pay and they never call in sick. For them, HR stands for “Happily Recycling.”
Getting started is easy. No build-out, construction inspections or soft openings to worry about. Your Bins are ready to get to work the moment you place them in the field and if the location isn’t working for you, you simply relocate the Bin to another location. It’s that simple and we call it Bin Optimization.
Rain or shine, day and night your Bins are working for you. BLIP® (Bin Location Information Program) will monitor each Bin and tell you when they need to be serviced. Our Clothes Bin App will even lay out the most efficient collection route.
Simple to manage. Unlike many other franchise opportunities, Clothes Bin® franchisees don’t need to worry about food costs, spoilage or purchasing inventory.
Strategically located in the parking lots of convenience stores, gas stations, shopping centers or wherever people congregate, these bright green bins are destined to become the go-to for anyone looking for a convenient way to recycle their clothes, shoes and textiles.
Franchise territories across the nation are currently being offered to qualified individuals.
WHY Clothes Bin?
17 billion pounds of textiles are discarded into landfills each year.
No Cost of Goods Sold or Inventory Costs.
Part-time, semi-absentee ownership. Bins work 24/7/365 (not you).
As the economy suffers, more people shop at second hand stores, which increases the demand for the contributed clothes, shoes and textiles. When the economy is improving the contributions increase as people buy more new clothes, shoes and textiles. People gave away more clothing during Covid with more time at home.
OUR IDEAL FRANCHISEE
People looking to add a franchise to their portfolio, people with 401k monies looking to use a portion to rollover and open a franchise, those not planning on leaving their day job, family business prospects, veterans, early retirees, those leaving Corporate America, franchisees from other systems
Number, type of employees: Owner Operator, or plus 1 or 2 part-time employees
AVAILABLE MARKETS
US markets available: All non-registration states available, not available in California; Registration States: All Registration States registered except Hawaii
HOT Regions/Desirable: All available
NOT available: CA, HI; sold out in Dallas, Fort Worth, Houston, San Antonio and Austin
Available in Canada: No
International Referrals: No
BACKGROUND
Year founded: 1986
Year Franchised: 2016
Number of franchises currently operating: 71, 25 under development
Number of International franchises currently operating: 0
Number of corporate owned franchises: 4
Home Based: Yes
Absentee ownership available: Yes
Semi-Absentee ownership available: Yes
Accepting Maste
Year founded: 1986
Year Franchised: 2016
Home Based: Yes
| Franchise Fee: | $49,500 |
|---|---|
| Total Investment Range: |
Single Unit: $161,940 - $216,980 |
| Net Worth Requirement: | $500,000 |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.