redbox+ Dumpsters Offers Long Term Profit-Potential
redbox+ Dumpsters has been garnering attention thanks to its simplicity. The straightforward business model consists of franchise owners renting out dumpsters to construction companies, home builders, property managers, and homeowners. They deliver the dumpster to the client and pick it up when they’re finished, cleaning as needed. Our range of customers includes homeowners and construction companies, and there is no shortage of need for waste removal services in 2022, as construction projects continue to rise across the country.
This marks a rather unique opportunity for franchise owners. The business model of redbox+ Dumpsters allows franchise owners to maintain a consistent flow of revenue in a long-term setting. According to the most recent Franchise Disclosure Document, Our top-performing franchises owned 67 dumpsters and rented each dumpster out at a rate of 3.87 times per month.
Strong Business Model Helps in Low Competition Industry
One of the best parts about investing in redbox+ Dumpsters is that franchisees will be tapping into a market that is high in demand and low in competition. According to JobSite, “non-residential construction will grow by 4.6% in 2022, while a 9% growth is expected in the residential sector.” Despite challenges presented by the COVID-19 pandemic, the construction industry has experienced record growth. While there are plenty of services that exist within that sector, waste removal has continued to get overlooked by investors.
According to Ibis World, there were 219 Dumpster Rental businesses in the U.S. as of 2022, an increase of 5.3% from 2021. Few companies have looked to expand into the dumpster rental industry, despite the fact that it’s a vital component to any construction-related project. By providing the superior rentals redbox+ Dumpsters offers, franchise owners can capitalize on untapped local market potential.
Ongoing Business Support
redbox+ Dumpsters is backed by one of the world’s largest residential and commercial services franchisors in BELFOR Franchise Group. You will have an extensive support team of industry experts that will provide guidance every step of the way. They thrive on helping entrepreneurs establish and set up businesses for long term growth.
redbox+ Dumpsters’ Patented 2-in-1 Dumpster
One of the key components to the redbox+ Dumpsters franchise is the superior rentals offered compared to its competitors. On every construction site, there must be a dumpster and a bathroom. The patented 2-in-1 dumpster we rent out combines those two necessary facilities into one. For the people renting these, it allows them to only deal with one company instead of two. This allows the customer to put more of their focus toward other aspects of the job.
“Think about it from this perspective,” says Lyle Blanchard, VP of marketing, “if you need both those services on the job site, it’s a single phone call. That’s a big selling point.” But providing two services isn’t enough. Customers need reliability, which redbox+ Dumpsters is committed to by providing top-tier customer service.
Invest in a redbox+ Dumpster Franchise Today!
Specializing in commercial and residential use, redbox+ Dumpsters is poised to become one of the nation’s best-known brands for waste removal services. To request franchise information for redbox+ Dumpsters, click to fill out our form here. We look forward to seeing if your dreams of business ownership can be met by investing in the redbox+ Dumpsters franchise opportunity!