Clothes Bin provides convenient clothing recycling services through their network of bins placed in accessible locations. By promoting sustainable practices, Clothes Bin helps reduce textile waste and supports local communities.
KEY FRANCHISE STATS
Franchisees
?
38
+
19%
19%
Franchise fee
?
$49,500
Investment
?
$140,000 - $194,000
Revenue (AUV)
?
Undisclosed
$280,000
+
n.a.
n.a.
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Clothes Bin® is a pioneering franchise dedicated to textile recycling, offering communities convenient solutions for disposing of unwanted clothing and shoes. Founded in 2014 and headquartered in Davie, Florida, Clothes Bin® has established a national presence with independently owned Bins operated by franchisees across the United States.
The franchise began its operations in 2014 and has since developed a semi-absentee business model that allows franchisees to maintain other professional pursuits while contributing to environmental sustainability. Clothes Bin® provides a scalable investment opportunity with low initial costs, utilizing technology-driven systems that are simple to run and require few employees.
Clothes Bin® differentiates itself through its proprietary Bin Location Information Program (BLIP®), which monitors each Bin's capacity and optimizes collection routes, enhancing operational efficiency.
By focusing on environmental stewardship and economic stimulation, Clothes Bin® offers a unique franchise opportunity that aligns entrepreneurial success with positive community impact.
Initial investment
The initial investment required for a Clothes Bin franchise is
$140,000 - $194,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$49,500
Real Property
$1,700 – $8,000
Computer and Software
$300 – $800
GPS Bin Technology
$400 – $800
Initial Purchase of Bins
$54,900 – $59,900
Freight Fees
$7,995
Trailer and Parking Space Rental
$800 – $2,800
Mandatory Bin Placement (for first 20 Bins)
$5,995
Bin Location Services
$0 – $7,490
Truck Rental for Placement and Collections
$1,600 – $2,400
Pallet Jack, Locks & Supplies
$400 – $1,200
Business Licenses, Permits or Registrations
$400 – $1,100
Insurance
$300 – $600
Initial Training
$0 – $500
Legal and Accounting
$750 – $3,000
Additional Bin Signage
$0 – $1,000
Business Cards, Uniforms, and other items
$300 – $800
Additional Funds for First 3 Months of Operations
$15,000 – $40,000
Total Estimated Initial Investment
$140,340 – $193,880
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Type of Expenditure
Amount
Initial Franchise Fee
$49,500
Real Property
$1,700 – $8,000
Computer and Software
$300 – $800
GPS Bin Technology
$400 – $800
Initial Purchase of Bins
$54,900 – $59,900
Freight Fees
$7,995
Trailer and Parking Space Rental
$800 – $2,800
Mandatory Bin Placement (for first 20 Bins)
$5,995
Bin Location Services
$0 – $7,490
Truck Rental for Placement and Collections
$1,600 – $2,400
Pallet Jack, Locks & Supplies
$400 – $1,200
Business Licenses, Permits or Registrations
$400 – $1,100
Insurance
$300 – $600
Initial Training
$0 – $500
Legal and Accounting
$750 – $3,000
Additional Bin Signage
$0 – $1,000
Business Cards, Uniforms, and other items
$300 – $800
Additional Funds for First 3 Months of Operations
$15,000 – $40,000
Total Estimated Initial Investment
$140,340 – $193,880
Franchise Disclosure Document
Below is Clothes Bin's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Clothes Bin had 43 total units in 2024, of which 38 were franchised-owned and 5 company-owned.
Frequently Asked Questions
What is the royalty fee?
The royalty fee for a Clothes Bin franchise is $120 -$180 per week. In addition, you would have to pay the advertising (or national brand fund) fee of $9 per Bin per week.
What is the total investment?
The initial investment required for a Clothes Bin franchise is $140,000 - $194,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee?
The initial franchise fee for a Clothes Bin franchise is $49,500. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
Clothes Bin provides various training programs to its franchisees as follows:
Initial Training Program: This program includes at-home online and virtual training sessions, such as introductory calls and virtual classes, typically involving at least four two-hour sessions. It is designed to be completed within 60 days of the franchise agreement. The training covers general franchise operations, software systems, and business-specific topics like bin location and school programs.
On-Site Training (Optional): Additional on-site training can be provided at the discretion of the franchisor. If approved, franchisees must pay fees not exceeding $750 per day, along with related expenses like travel and lodging.
Ongoing Training and Refresher Courses: Franchisees or their designated managers may be required to attend annual refresher training at the corporate headquarters or other designated locations. Web-based training, webinars, and online courses may also be mandatory.
Re-Training (If Necessary): If the franchisor deems the franchisee or their manager has not successfully completed the initial training, they may re-enroll in subsequent training sessions at a fee of no more than $750 per person, per day, along with associated expenses.
Territory Protection
Clothes Bin provides its franchisees with a defined territory as outlined in the franchise agreement. Franchisees are permitted to operate their business exclusively within this specified territory, which is described in the agreement through maps, zip codes, or written descriptions.
The franchisor and its affiliates commit not to operate a similar Clothes Bin business or grant new franchises within the same territory, provided the franchisee complies with all terms of the agreement. However, Clothes Bin imposes certain limitations on franchisees regarding business activities outside their territory.
Franchisees cannot solicit, advertise, or place bins outside their designated territory without prior written consent from the franchisor, which is granted at its sole discretion. This structure ensures territorial protection while allowing the franchisor some flexibility in managing operations across different regions.