Herron: Franchise Operations Generated $5.5 Million Top-Line Revenue in 2015
Josh Herron · EP 410: From Worker to Owner Does $5m in 2015 Franchise Model with Josh Herron of 1800GotJunk · Sep 7, 2016 · at 12:44
Josh Herron, co-owner of multiple 1-800-GOT-JUNK and You Move Me franchises, discusses total revenue across his businesses.
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“Last year, top line, we're about, you know, five and a half million.”
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More from Josh Herron
Herron: 1-800-GOT-JUNK Franchises Operate at 20% to 25% Profit Margins
“Our expectations anywhere from, you know, at this point in the system, we expect anywhere from 25% margin to, you know, it's a high margin business, 20 to 25%.”
Josh Herron: Kansas City required franchise consolidation to be viable
“It was three franchises. The city's not big enough for all three of us. So we understand that there has to be consolidation at some point for us to make it into a viable business.”
Herron: Omaha franchise location grew revenue 134% year-over-year
“For instance, in Omaha We're up 134% over last year, which is pretty significant.”
Herron: Kansas City Franchise Generated $650,000 Prior to Acquisition
“At that point it did, gosh, seven, like 650 grand.”