Junk King

Item 8

We require that you use an appropriate chart of accounts, comply with our operating procedures and specifications, including internal audit standards, and use our required software (as part of the Software System) and that your accounting must also be compatible with our required Software System.

Franchise agreement

to remotely access and evaluate, copy and audit your electronic records located on the Computer System

Franchise agreement

In addition, within 15 days after the end of each month, you must submit to us the following information for the preceding month: (i) copies of your most recent balance sheet and statement of profit and loss, including a summary of your costs for labor, rent and other material cost items; and (ii) if requested by us…

Item 8

Currently, you must participate in our Customer Care Center and pay us the Customer Care Center Fee as disclosed in Item 6. Through the Customer Care Center, we are the sole supplier of all call center and related customer care services for your franchised business.

Item 11

We have a Franchise Advisory Council which collaborates with us on operational policies.

Item 8

We reserve the right to designate a primary or single source of supply for certain products and supplies, and we or our affiliates may be that single source.

Item 8

In the year ended December 31, 2025, we had revenue of $4,447,565, or about 26.85% of its total revenues of $16,562,322, as a result of purchases by JUNK KING franchisees from approved suppliers or under our specifications or as a result of purchases, if any, directly from us.

Item 8

We or our affiliates may receive a commission from the brokerage of a capital lease or other equipment finance, should you require financial assistance from third parties.

Item 8

approximately 10% to 30% of your on-going purchases in connection with operation of your Business.

Item 8

You must pay upon demand our (or the third party’s) actual costs of the testing and any related costs/expenses (regardless of whether we grant an approval).

Item 8

You may purchase from other suppliers if you follow our supplier approval procedures, as described in the Manuals, and obtain our prior written approval.

Franchise agreement

assign and transfer all right, title and interest in the telephone numbers, domain names, and social media or digital marketing accounts used at any time for the Business

Franchise agreement

We and our authorized representative have the right to visit and inspect your Business at all reasonable times during the business day for the purpose of making periodic evaluations and to ascertain your compliance with the provisions of this Agreement, and to inspect and evaluate your services, supplies or products…

Franchise agreement

We will revise the Operations Manual and these standards, procedures, techniques and management systems periodically to meet changing conditions and in the best interest of the JUNK KING Businesses and the System.

Item 11

We will approve your site so long as it meets our site selection guidelines.

Franchise agreement

You may not separately register any domain name containing any of the Marks or operate a website or social media account for your Business.

Item 6

You must spend an amount annually on approved local marketing and advertising of your Business (the “Minimum Local Marketing Spending”) (as defined below).

Item 11

If your territory is in a geographic area that is subject to an existing advertising cooperative, you must join and actively participate in the advertising cooperative and abide by the bylaws, rules, and regulations duly required by the advertising cooperative, which we have the right to mandate or approve.

Item 8

You may not contract with an alternative supplier for any products and/or services for which we have designated a supplier.

Item 8

Currently, you must purchase the following from our specific vendors: accounting software from Intuit QuickBooks Online, human resource, payroll, and benefits outsourcing services from Paychex, and invoicing software from Intuit Merchant Services, and GPS services from Linxup GPS.

Franchise agreement

You must sign an electronic ACH Form, attached as Schedule B, to authorize and direct your bank or financial institution to allow us or our affiliate to initiate a transfer of funds electronically directly to our or our affiliate’s account and to charge to your account all amounts due to us or any affiliate.

Franchise agreement

You must employ a sufficient number of competent and trained employees to ensure efficient service to Customers.

Item 8

Currently, you must purchase the following items pursuant to our specifications: computer hardware and software, equipment, signs, supplies, and tools, Vehicles, truck equipment, advertising materials, employee uniforms, insurance, dumpsters, and the site of the Franchised Location.

Item 11

We will have full and complete access to the information and data entered and produced by the Computer System and can use them in any way we deem appropriate.

Item 11

We may also require you to attend and complete a “refresher” training course or advanced training course if we determine that you are not current on all aspects of the System or are otherwise in need of training.

Item 11

You are required to attend both of our annual franchisees’ meetings (the Summit Meeting and the Reunion (see Item 6)), and additional training events.