Clothes Bin Franchise 2024

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About Clothes Bin


Liquid Capital: $100,000

Net Worth Requirement: $400,000

Franchise Fees: $49,500

Royalty: No Data

Training and Support: Available

Home Office: Davie, FL

CEO: Marc Douglas

Clothes Bin

Investement Range $134,270 - $188,295


Clothes Bin has redefined the recycling industry by introducing a technology-based, semi-absentee franchise model focused on collecting and recycling textiles. Strategically located in high-traffic areas like school parking lots, gas stations, and shopping centers, Clothes Bin's bright green Bins are a convenient solution for recycling clothes, shoes, and textiles. This innovative approach supports a greener planet and provides franchisees with a robust business model in the booming $88 billion recycling industry.

Why Choose Clothes Bin?

  • Innovative and Eco-Friendly Approach: Clothes Bin is at the forefront of textile recycling, providing an easy and accessible way for communities to recycle their unwanted textiles, which significantly reduces landfill waste.

  • Strong Market Presence: With operations in 17 states and a growing number of franchise units, Clothes Bin has established a strong market presence in the green and recycling industry.

  • Low Overhead and High Scalability: The franchise model is designed to be semi-absentee with minimal overhead costs. Franchisees can start with as few as 20 Bins and scale up easily by adding more Bins to their territory.

  • Technology-Driven Operations: The Clothes Bin franchise utilizes the BLIP® (Bin Location Information Program) to monitor each Bin and inform franchisees when service is needed. The Clothes Bin App also helps optimize collection routes for efficiency.

  • Comprehensive Franchisor Support: Clothes Bin supports its franchisees with initial training, ongoing support, National Buyer Programs, and optional Bin Location Services to assist in securing Bin placements.

Ideal Franchisee Profile

Clothes Bin is looking for entrepreneurial individuals who are passionate about sustainability and eager to join a leading franchise in the recycling industry. Ideal candidates should have:

  • A Passion for Green Initiatives: Interested in operating a business that contributes positively to environmental sustainability.

  • Business Savvy: Ability to leverage Clothes Bin’s proven business model to develop a successful operation, with strong organizational and management skills.

  • Operational Efficiency: Ready to manage a semi-absentee business that requires minimal day-to-day oversight but offers significant growth potential.

  • Community and Customer Focus: Dedicated to providing a valuable service to the community and building strong local partnerships.

  • Financially Prepared: With a required net worth of $400,000 and liquid capital of $100,000, candidates should be ready to invest in this growing sector.

 

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Searching for more information? Download the 2024 Clothes Bin FDD below.

Clothes Bin FDD 2024

 

This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by the franchise only in a state if first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if provided with an appropriate franchise disclosure document.

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