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Clothes Bin Franchise Opportunity

Minimum Investment

$141,340

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Established

1986

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Franchise Units

71

payments

Minimum Investment

$141,340

payments

Franchise Fee

$49,500

payments

Total Investment Range

$196,380

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Home Based

No

Description

Clothes Bin® is the first textile recycling franchise in the U.S., offering a tech-driven, semi-absentee business model that’s easy to manage and highly scalable. Featuring signature bright green Bins placed in high-traffic locations like schools, gas stations, and shopping centers, this business runs 24/7/365 without inventory costs, food spoilage, or employee turnover. BLIP® (Bin Location Information Program) tracks fill levels and optimizes routes via a web-based dashboard and app—giving franchisees full visibility and control from anywhere.

Ideal for portfolio investors, retirees, or professionals keeping their day job, Clothes Bin® is a low-overhead, eco-friendly business with strong unit economics and protected territories. With no build-outs or inspections, your “hardest working employee” is ready to start collecting and recycling from day one—rain or shine.



Background

Established: 1986
First Unit Franchised: November 2016
Franchised Units: 71, with 25 under development
Company Owned Units: 4

States Registered In: All States Except Hawaii

*Currently not offering franchises in: Alaska, Hawaii, California, Florida (sold-out)

Canada Franchises: No
International Franchises: No


Support Training

Training and Corporate Support

  • 8 Hours of Virtual Training
  • Bin Placement Service - On-Site Training when Opening with the first 10 or 20 Bins
  • On-Going Training
  • Bin Location Services 
  • BLIP (Bin Location Information Program) Dashboard & App Training


Candidate Sales Process

  • Initial Call/Webinar
  • FDD Disclosure & Personal Profile Form (If not supplied by Broker/ Consultant)
  • Executive Call
  • Validation
  • Finalize Financing Option
  • Discovery Day
  • Franchise Agreement Signing via DocuSign


Ideal Candidate

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


Financial Detail

Total Investment: $141,340 - $196,380 (Includes $15,000-$40,000 working capital)

Required Liquid Capital: $125,000

Minimum Net Worth: $500,000 

Franchise Fee:

  • 1st FF - $49,500
  • 2nd FF - $35,000 (discounted $14,500)
  • 3rd+ FF - $20,000 (discounted $29,500)

Royalty: $6/Bin/Week

Ad: N/A
Average Number of Employees: Owner Operator, or owner plus 1 or 2 part-time employees
Item 19: Yes
Visa Candidates: No
Passive Ownership: Semi absentee/part time
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes. $5,000 Available for Active or Retired Military, Veterans, First Responders.



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