Bin There Dump That Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$29,000
Investment required
$116,000 - $235,000
Royalty fee
$600-$1,300 per vehicle per month

Bin There Dump That: Revolutionizing Residential Dumpster Rentals

Bin There Dump That is a franchise specializing in residential-friendly dumpster rental services. Founded in 2002 by Mark Crossett in Toronto, Canada, the company identified a need for a more efficient and customer-friendly approach to waste disposal in residential areas. Crossett, initially working as a general contractor, developed a compact and easy-to-use dumpster solution that quickly gained popularity.

The franchise began its expansion in 2004 and grew steadily, reaching the U.S. market in 2011. Today, Bin There Dump That is headquartered in Mississauga, Ontario, Canada.

The franchise stands out in the cluttered waste management industry by offering clean, brightly-colored dumpsters that are designed to fit in tight residential spaces, such as driveways and alleys. This unique approach, combined with a strong focus on exceptional customer service, sets it apart from competitors.

Bin There Dump That continues to grow, driven by a business model that emphasizes simplicity, friendliness, and efficiency.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

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Type of Expenditure Amount
Initial franchise fee $29,000 to $55,000
Premises rent and security deposit See Note 3
Vehicles $14,800 to $16,000
Opening inventory of bins, equipment and supplies $50,000 to $120,000
Initial training expenses $2,400
Insurance and other prepaid expenses $8,000 to $17,000
Licenses, legal and accounting fees $2,000 to $5,000
Additional Funds (three months) $10,000 to $20,000
TOTAL $116,200 to $235,400, plus real estate, if you choose to establish an office

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Number of units

2024
Franchised units

176

198

206

Company-owned units

0

0

0

Total units

176

198

206

Franchise Disclosure Document

Training 

Bin There Dump That provides a structured and comprehensive training program for franchisees, designed to ensure they are fully equipped to run their business efficiently and effectively.

Introductory Training

The training begins with an onboarding process that introduces franchisees to the company’s values, business model, and operational standards. This phase sets the foundation for understanding the core principles of the franchise.

Pre-Training Materials

Franchisees receive pre-training materials, including reading resources, videos, and online content. These materials cover essential topics such as business setup, local market analysis, and initial marketing strategies, providing a solid groundwork before formal training begins.

Live Classroom Training

Conducted at the headquarters, the live classroom training is a comprehensive program that includes:

  • Operational Procedures: Instructions on daily operations, including dumpster delivery, pickup, waste management, and safety protocols.
  • Customer Service: Techniques for delivering exceptional customer service and handling inquiries and issues.
  • Sales and Marketing: Strategies for attracting and retaining customers, and leveraging digital marketing.
  • Financial Management: Guidance on budgeting, pricing strategies, and financial reporting.

Territory Protection

Bin There Dump That offers territory protection to its franchisees, ensuring that each franchisee has a defined area where no other Bin There Dump That franchises can operate.

This exclusive territory is determined based on a combination of population, single-family driveways, and household income, providing franchisees with ample opportunity to capture and service their local market.

This territorial exclusivity helps franchisees build a loyal customer base without competition from other Bin There Dump That locations. It allows franchisees to focus on growing their business within their designated area, fostering a strong sense of local ownership and customer relationships.

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