
Clothes Bin
A Independent brand
About Clothes Bin
Business Features Clothes Bin has developed a proven process for the collection, management and distribution of clothes, shoes and textiles throughout the United States. Strategically located in the parking lots of schools, convenience stores, gas stations, shopping centers or wherever people congregate, these bright green Bins are the go-to for anyone looking for a convenient way to recycle their clothes, shoes and textiles.
Clothes Bin is a semi-absentee and technology-based franchise opportunity that works full-time: • The Bin is your hardest working employee. The Bins work 24/7/365 without overtime pay and they never call in sick. For them, HR stands for "Happily Recycling."
• Getting started is easy. No build-out, construction inspections or soft openings to worry about. Your Bins are ready to get to work the moment you place them in the field and if the location isn't working for you, you simply relocate the Bin to another location. It's that simple and we call it Bin Optimization.
• Rain or shine, day and night your Bins are working for you. BLIP (Bin Location Information Program) will monitor each Bin and tell you when they need to be serviced. Our Clothes Bin App will even lay out the most efficient collection route. • Simple to manage. Unlike many other franchise opportunities, Clothes Bin franchisees don't need to worry about food costs, spoilage or purchasing inventory.
Function of the Owner/Daily Tasks • The owner can manage routes and monitor the fill levels of the Bins using the BLIP software any time, any place as long as they have internet access! • Semi-Absentee with Part-Time Employees, or Owner-Operator • If someone would like to add more Bins to their territory, or run multiple territories, the business can ramp up to a full-time business • Ideal Candidate: People looking to add a franchise to their portfolio, people with 401k monies looking to use a portion to rollover and open a franchise, those not planning on leaving their day job, family business prospects, veterans, early retirees, those leaving Corporate America, franchisees from other systems • Number, type of employees: Owner Operator, or plus 1 or 2 part-time employees • Territorial protection: Protected by zip codes • Protected Territory includes a minimum of 300+ qualified gas stations/convenience stores in areas with a median income of $35,000+, but is not limited to only these locations or types of locations. • May also place at schools, religious organizations, shopping plazas and other types of locations with permission
Competitive Advantage: • Clothes Bin currently operates Over Half of the United States • No inventory costs - The clothing and shoes are contributed to the Bins for free • Web based dashboard and App • Bins work 24/7/365, and franchisee is notified of their fill levels by text and/or email • The First Textile Recycling Franchise • Simple and semi-absentee ownership Number of Multi-Unit Owners • 25% multi-unit ownership
Inside Clothes Bin
- Established
- 1986
- First Unit Franchised
- November 2016
- Franchised Units
- 87, with 20 under development
- Company Owned Units
- 4
- States Registered In
- All States Except Hawaii
- Cash Investment
- —
- Total Investment
- $161,940 - $216,980 (Includes $20,000-$40,000 working capital)
- Minimum Net Worth
- $500,000
- Single Unit Franchise Fee
- • 1st FF - $49,500 • 2nd FF - $39,500 • 3rd+ FF - $29,500
- Royalty
- $6/Bin/Week
- Ad
- —
- Average Number of Employees
- Owner Operator, or owner plus 1 or 2 part-time employees
- Item 19
- Yes
- Home-Based
- Yes
- B2B
- Yes
- Master Franchise Opportunities
- No
- Veteran Discount
- Yes. $5,000 Available for Active or Retired Military, Veterans, First Responders.
- Financial Assistance Provided
- —
- Site Selection Assistance
- —
- Lease Negotiation Assistance
- —
- Recruiting Assistance
- —
- Cooperative Advertising
- —
- Category
- Miscellaneous & Unique, Green & Eco Friendly