Crushr Franchise FDD, Profits, Costs & Fees (2024)
Crushr, a mobile waste compaction franchise, was established in 2016 and began franchising in 2018. The company, headquartered in Kentucky, offers a unique waste management solution that utilizes mobile compaction units to reduce the frequency and costs of waste hauls.
This innovative approach appeals particularly to sectors like manufacturing, construction, and municipalities, among others. The business model of Crushr is highlighted by its low overhead and high margin, allowing operations to be lean and efficient.
Franchisees can operate with minimal staff, often needing just one person to manage the business and operate the truck. This flexibility is a significant selling point, as it reduces the typical costs associated with more traditional, location-dependent businesses.
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Initial Investment
How much does it cost to start a Crushr franchise? It costs on average between $158,000 – $418,000 to start a Crushr franchise.
This includes costs for equipment, truck purchases, permits, and initial operating expenses. The exact amount depends on various factors, such as the type of service area, local regulatory requirements, and whether the franchisee opts to lease or finance the necessary equipment and vehicles.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,500 |
| Onboarding Training Fee | $4,800 |
| Local Area Advertising Requirement | $1,500 |
| Rent (3 months) | $300 – $1,500 |
| Utility Security Deposits | $0 – $500 |
| Installed Vehicle | $58,000 – $260,000 |
| Installed Vehicle Transportation | $2,500 – $6,000 |
| Technology Fee (3 months) | $1,500 |
| Computer and Office Equipment | $100 – $1,000 |
| Travel Expense for Initial Training | $1,500 – $4,000 |
| Insurance (3 months) | $2,500 – $7,500 |
| Professional Fees | $2,500 – $5,000 |
| Permits and Licenses | $250 – $1,000 |
| Additional Funds (3 months) | $25,000 – $35,000 |
| TOTAL | $157,575 – $418,189 |
Average Revenue (AUV)
How much revenue can you make with a Crushr franchise? A Crushr franchised facility makes on average $207,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $383,000 yearly revenue for similar waste franchises.
Below are a few competitors:
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Crushr Franchise Disclosure Document
Frequently Asked Questions
How many Crushr locations are there?
As of the latest available data, Crushr operates one company-owned outlet and has expanded to over 50 franchise-owned locations across the United States. This growth reflects the company’s successful franchising efforts since its inception.
What is the total investment required to open a Crushr franchise?
The total investment required to open a Crushr franchise ranges from $158,000 to $418,000.
What are the ongoing fees for a Crushr franchise?
Crushr franchisees are required to pay a royalty fee of 8% of their gross sales. Additionally, there is a brand fund contribution set at a minimum of 1% of gross sales per month. Franchisees must also allocate a minimum of $500 per month for local advertising expenditures, which may increase to $1,000 per month as determined by the franchisor.
What are the financial requirements to become a Crushr franchisee?
To become a Crushr franchisee, you need a minimum net worth of $450,000 and at least $200,000 in liquid capital. These financial requirements ensure you have the necessary resources to establish and operate the franchise effectively
How much can a Crushr franchise owner expect to earn?
The average gross sales for a Crushr franchise are approximately $0.21 million per location. Assuming a 15% operating profit margin, $0.21 million yearly revenue can result in $32,000 EBITDA annually.
Who owns Crushr?
Crushr was founded by Scott Dennison, who serves as the company’s CEO and President. With over 30 years of experience in franchising, including ownership of Papa John’s franchises, Dennison has been instrumental in developing Crushr’s business model and guiding its expansion.
Disclaimer
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