How Big is the Market for Valet Trash Services?
Junk Shot franchise makes a difference at the doorstep
According to CNBC, there are more people renting now than at any time since 1965 — and this trend isn't going to slow down anytime soon. With nearly 40 million people living in apartments, or about 20% of the total population, the National Apartment Association reports that America needs 4.6 million new apartments by 2030.
For over 20,000+ apartment doorsteps across the nation, Junk Shot is the brand that answers the question: what do millions of apartment residents do with their trash?
Why Do Apartment Residents Love Trash Valet Services?
Trash valet is a huge benefit for residents. The first is the convenience factor — residents don't have to schlep their garbage to a dumpster. They simply place their trash outside their doorstep into a bin that Junk Shot provides, and our Trash Porters take it from there.
It's also far better for the environment. The National Apartment Association discovered valet trash services are more successful at recycling than individuals are.
It's also affordable. According to Property Manager Insider, valet services can cost the resident up to $35 a month, and this service is typically built into the lease.
Why Do Property Management Companies Love Valet Trash?
Property management companies love valet trash for two reasons: 1) it makes their lives significantly easier by making their properties cleaner and their residents happier, and 2) they make a substantial amount of money by providing the service.
- The property manager pays $2,400 per month for the service (200 units × $12/unit)
- Residents are required by their lease to pay $25 per month for the service
- Property managers collect $5,000 per month from residents
- Property managers make $2,600 per month off their residents' trash!
A Valet Trash Franchise is Big Business
- 5-Day Per Week Service
- NO COST Waste Receptacles
- NO COST Recycling Bins for Residents
- Daily Breezeway & Compactor Cleaning
- Detailed Activity Reports with Photos & GPS
- FREE RESIDENT APPRECIATION DAY