MedXwaste

MedXwaste Franchise FDD, Costs & Fees (2025)

MedXwaste provides medical waste disposal services, ensuring safe and compliant handling of hazardous materials for healthcare facilities.

MedXwaste is a medical and hazardous waste disposal franchise that also offers services such as paper shredding, hard-drive destruction, regulatory compliance software, and medical supply sales.

It was founded in 2013 by Sean Fredricks and Greg Okpych, both experienced professionals in waste management and shredding. The company is headquartered in Riverview, Florida, and began offering franchise opportunities in 2019.

MedXwaste provides a comprehensive suite of services including biohazardous waste disposal, sharps container pickup, pharmaceutical and hazardous waste removal, shredding, and medical supply distribution.

The franchise stands out in the industry by offering a recession-resistant and low-competition opportunity with diversified revenue streams. Its technology-driven systems and bundled services allow for more affordable and transparent waste management solutions, helping clients cut costs by up to 50% while ensuring compliance and safety.

Initial investment

Here's what you would need to invest 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 $50,000
Additional Inventory and Supplies $250 - $1,000
Uniforms $100 - $500
Equipment & Tools $100 - $500
Van Signage & Graphics $2,000 - $5,000
Printing, Business Cards and Flyers $150 - $500
Rent deposit for office lease $2,500 - $4,000
Training Travel Expenses $2,000 - $3,000
Cost of Business Vehicle or Security Deposit $5,000 - $8,000
Business Vehicle Insurance $150 - $300
Cost of Cell Phone or Security Deposit $0 - $1,000
Furniture for office $500 - $1,000
Cost of first month’s Cellular Phone Service $85 - $185
POS Equipment and Computer $1,500 - $3,000
Professional Fees $2,500 - $5,500
Insurance $3,500 - $5,000
Permits/Licenses and other organizational costs $1,200 - $8,500
Grand Opening Advertising $5,000
Additional Funds – 3 Months $25,000 - $40,000
TOTAL $101,535 - $141,985
Type of Expenditure Amount
Initial Franchise Fee $50,000
Additional Inventory and Supplies $250 - $1,000
Uniforms $100 - $500
Equipment & Tools $100 - $500
Van Signage & Graphics $2,000 - $5,000
Printing, Business Cards and Flyers $150 - $500
Rent deposit for office lease $2,500 - $4,000
Training Travel Expenses $2,000 - $3,000
Cost of Business Vehicle or Security Deposit $5,000 - $8,000
Business Vehicle Insurance $150 - $300
Cost of Cell Phone or Security Deposit $0 - $1,000
Furniture for office $500 - $1,000
Cost of first month’s Cellular Phone Service $85 - $185
POS Equipment and Computer $1,500 - $3,000
Professional Fees $2,500 - $5,500
Insurance $3,500 - $5,000
Permits/Licenses and other organizational costs $1,200 - $8,500
Grand Opening Advertising $5,000
Additional Funds – 3 Months $25,000 - $40,000
TOTAL $101,535 - $141,985

Franchise Disclosure Document

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Competitors

Below are some of

MedXwaste

key competitors in the

Waste

sector.

Started franchising
Franchisees

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Franchise fee

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Royalty fee

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Investment

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
MedXwaste
2020
2
+
0%
0%
$50,000
8.00%

$102,000

-

$142,000

n.a.

$0

Upgrade

n.a.

n.a.

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n.a.

n.a.

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No
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No
No
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No
2012
6
+
-33%
-33%
$69,500
8.00%

$210,000

-

$580,000

Upgrade

n.a.

$416,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
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Yes
No
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No
2021
9
+
n.a.
n.a.
$49,950
6.00%

$114,000

-

$504,000

Upgrade

n.a.

$387,000

n.a.

n.a.

Upgrade

n.a.

n.a.

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Yes
Upgrade
Yes
Yes
Upgrade
Yes
2024
0
+
n.a.
n.a.
$55,000
4% - 8%

$201,000

-

$298,000

Upgrade

n.a.

$482,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No
2014
123
+
624%
624%
$49,500
6.00%

$260,000

-

$486,000

Upgrade

n.a.

$701,000

68.4%

n.a.

Upgrade

15.7%

n.a.

Upgrade
No
Upgrade
No
Yes
Upgrade
Yes
2012
147
+
28%
28%
$50,000
7.00%

$96,000

-

$359,000

Upgrade

n.a.

$297,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No
2018
504
+
-4%
-4%
$49,500
8.00%

$372,000

-

$492,000

Upgrade

n.a.

$235,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No

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Training

MedXwaste provides a comprehensive training program to prepare franchisees for operating their medical waste disposal businesses. The following outlines the key components of the training:

  1. Initial Training Program: MedXwaste offers an initial training program at no additional charge for the franchisee, operating partner, or designated manager. This program covers System standards, specifications, methods, and operational techniques to ensure consistent service delivery.
  2. Operations Manual Access: As part of the training, MedXwaste lends each franchisee a copy of the Confidential Operations Manual and other designated manuals. These documents contain crucial information and instructions for system operations and are updated at the franchisor’s discretion.
  3. Pre-Opening Support: MedXwaste assists franchisees in obtaining necessary tools, equipment, and standard reporting forms. The training must be completed before the business opens, typically within 30 to 60 days of signing the Franchise Agreement, ensuring readiness to operate the mobile business effectively.

Territory Protection

MedXwaste provides its franchisees with a protected territory upon the execution of the Franchise Agreement. This designated territory is clearly outlined in the agreement and is intended to limit direct competition from other MedXwaste franchisees within the same area.

The franchisor commits not to establish or license another franchisee to operate within this protected territory during the term of the agreement, provided the franchisee complies with all terms and standards.

However, the protection does not extend to all possible business models or methods of delivery. MedXwaste retains the right to service national or regional accounts and may distribute products or services through other means, such as internet or direct sales, within any territory.

Number of units

2023
Franchised units

2

2

2

Company-owned units

1

1

1

Total units

3

3

3

Competitors

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6
+
-33%
-33%
Investment

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$210,000 - $580,000

DumpStor

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9
+
n.a.
n.a.
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$114,000 - $504,000

JunkCo+

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0
+
n.a.
n.a.
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?

$201,000 - $298,000

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Franchisees

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123
+
624%
624%
Investment

?

$260,000 - $486,000

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