Do you want to start a recycling business by buying a franchise? If YES, here are 8 best profitable franchise opportunities for sale and their cost. The recycling industry has become an integral part of modern society not only due to its social and economic impact but also because it plays a vital role in the preservation of the future of our planet.
In the world today, it is estimated that over 1 trillion tons of waste is generated at the household and industrial levels. Common materials that are usually recycled include tires, bottles, paper, aluminum cans et al and the niches available in the recycling industry are metal, plastic, electronic, water, oil, glass, furniture, garbage, tire, construction waste, paper, battery, cartridge and industrial waste recycling, etc.
Some environmental experts further revealed that the world market for waste, from collection to recycling is worth around 300 billion Euros (US $410 billion). The recycling business is therefore a growing business that has futuristic benefits; there are markets in the developing world that can be tapped into especially in Africa, Asia and Latin America.
This is indeed a profitable business venture and an aspiring entrepreneur can actually start his or her own recycling business by buying the franchise of a successful recycling company. With this type of business model, you will be able to hit the ground running without much stress.
If indeed you are serious about starting a recycling business via franchising, here are some of the best recycling related business franchises you can buy from in the United States of America.
8 Best Recycling Business Franchise Opportunities for Sale and Their Cost
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Zloop Computer & Electronics Recycling Centers
Zloop Computer & Electronics Recycling Centers is one of the leading E-waste recycling, and data destruction companies in the United States of America.
Zloop Computer & Electronics Recycling Centers was founded in 2012 and they have been franchising since 2012, about 7 years ago. The have their corporate head office at 816 13th St. N.E. Hickory, NC 28601 and the current CEO of the company is Mr. Robert Boston.
Zloop Computer & Electronics Recycling Centers offers in-house financing to cover only franchise fee, but they also have relationships with third-party sources which offer financing to cover equipment, and payroll. The company is seeking new franchise units from interested investors from all across the United States of America.
Financial Requirements
- Initial Investment – $588,100 – $5,258,000
- Initial Franchise Fee – $500,000 – $5,000,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 4%
- Veteran Incentives – Discounted financing terms
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Clothes Bin Franchise
Clothes Bin Franchise is a unique recycling company that is into clothing, shoe, and textile recycling. Clothes Bin Franchise was founded in 2014 and they have been franchising since 2015, about 4 years ago. Clothes Bin Franchise has her corporate head office at 3911 S.W. 47th Ave., #903 Davie, FL 33314 and the current CEO of the organization is Mr. Marc Douglas.
Clothes Bin has relationships with third-party sources which offer financing to cover franchise fee, startup costs, and equipment. The company is seeking new franchise units from interested investors from all across the United States of America.
Financial Requirements
- Initial Investment – $155,145 – $199,765
- Net-worth Requirement – $300,000
- Liquid Cash Requirement – $75,000
- Initial Franchise Fee – $40,000 – $40,000
- Ongoing Royalty Fee – $5 / bin / wk.
- Veteran Incentives – $5,000 off franchise fee
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Securis
Securis provides information technology asset disposal (ITAD) services, including electronics recycling, auditing and data destruction services for PCs, hard drives, servers, smartphones and other electronics.
The company was founded in 2003 and they have been franchising since 2013, about 6 years ago. They have their corporate head office at 14801 Willard Rd., #800 Chantilly, VA 20151 and the current CEO of the organization is Mr. Jeremy Farber.
Securis has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. The company is seeking new franchise units in the following regions/states: Connecticut, North Carolina, New Jersey, New York, Pennsylvania, and Virginia.
Financial Requirements
- Initial Investment – $96,100 – $310,950
- Net-worth Requirement – $100,000 – $150,000
- Liquid Cash Requirement – $100,000 – $150,000
- Initial Franchise Fee – $40,000 – $90,000
- Ongoing Royalty Fee – 4%
- Ad Royalty Fee – 10%
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Proshred Franchising Corp.
Proshred Franchising Corp. is a leading mobile on-site data destruction, shredding and recycling company in the United States of America that is also into franchising. The company offers in-house financing to cover franchise fee, but they also have relationships with third-party sources which offer financing to cover equipment, and inventory.
Proshred Franchising Corp. was founded in 2004 and they have been franchising since 2004, about 15 years ago. They have their corporate head office at 6559 Mississauga Rd., #B Mississauga, ON L5N 1A6.
Financial Requirements
- Initial Investment – $333,000 – $478,000
- Net-worth Requirement – $750,000 – $1,000,000
- Liquid Cash Requirement – $250,000 – $300,000
- Initial Franchise Fee – $35,000 – $35,000
- Ongoing Royalty Fee – 6.5%
- Ad Royalty Fee – 1.25%
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Paymore
Paymore is an electronic buying and recycling company that is based into the United States of America and they are into franchising. The company was founded in 2010 and they have been franchising since 2012, about 7 years ago. Paymore has her corporate head office at 581C Broadway Massapequa, NY 11758 and the current CEO of the organization is Mr. Stephen Preuss.
The company is seeking new franchise seeking new franchise units from interested investors from all across the United States of America and the world.
Financial Requirements
- Initial Investment – $54,350 – $125,450
- Net-worth Requirement – $250,000 – $500,000
- Liquid Cash Requirement – $100,000
- Initial Franchise Fee – $15,000 – $15,000
- Ongoing Royalty Fee – $1K / month.
- Ad Royalty Fee – $250 / month.
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American Fluid Technology
American Fluid Technology is one of the leading mobile on-site antifreeze recycling service companies in the United States of America. The company was founded in 1990 and they have been franchising since 1991, about 28 years ago. They have their corporate head office at 239 Littleton Rd. Westford, MA 01886.
Financial Requirements
- Initial Franchise Fee – $25,000 – $25,000
- Ongoing Royalty Fee – 10%
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Countrywide Gold Buyers Franchising LLC
Countrywide Gold Buyers Franchising LLC is a recycling company in the United States of America that is into purchasing & recycling of precious metals & diamonds.
Countrywide Gold Buyers Franchising LLC was founded in 2008 and they have been franchising Since 2012, about 7 years ago. They have their corporate head office at 800 Oaklawn Ave., #A1 Cranston, RI 02920 and the current CEO of the company is Mr. Luis Junco.
Countrywide Gold Buyers Franchising LLC offers in-house financing to cover only inventory, but they are open to negotiation from interested in investors. The company is seeking new franchise units from interested investors from all across the United States of America and the world.
Financial Requirements
- Initial Investment – $42,500 – $76,050
- Net-worth Requirement – $80,000
- Liquid Cash Requirement – $42,500 – $76,050
- Initial Franchise Fee – $29,900 – $29,900
- Ongoing Royalty Fee – 6%
- Ad Royalty Fee – 1%
- Veteran Incentives – 15% off franchise fee
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Ink Solution & Postal
Ink Solution & Postal is a unique recycling company in the United States of America that are into inkjet & toner cartridge recycling/postal services.
Ink Solution & Postal was founded in 2001 and they have been franchising since 2007, 12 years ago. They have their corporate head office at 10110 Johnston Road Suite # 10 Charlotte, NC 28210. The company is seeking new franchise units from interested investors from all across the United States of America and also from Canada, and Western Europe.
Financial Requirements
- Initial Investment – $118,000
- Net-worth Requirement – $500,000
- Liquid Cash Requirement – $100,000
- Initial Franchise Fee – $29,000 – $29,000
- Ongoing Royalty Fee – 4%
- Ad Royalty Fee – 6%