About Clothes Bin
- 17 billion pounds of textiles are discarded into landfills each year. - No Cost of Goods Sold or Inventory Costs. - Part-time, semi-absentee ownership. Bins work 24/7/365 (not you). - As the economy suffers, more people shop at second hand stores, which increases the demand for the contributed clothes, shoes and textiles. When the economy is improving the contributions increase as people buy more new clothes, shoes and textiles. People gave away more clothing during Covid with more time at home.
Clothes Bin is a technology based, semi-absentee franchise system that recycles clothing. 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. The National Buyer Program is an option for franchisees to sell their recycled textiles through, and Bin Location Services are optionally available to assist franchisees in signing up locations to host Bins. 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. Strategically located in the parking lots of convenience stores, gas stations, shopping centers or wherever people congregate, these bright green bins are destined to become the go-to for anyone looking for a convenient way to recycle their clothes, shoes and textiles. Franchise territories across the nation are currently being offered to qualified individuals.
Ideal candidate
FDD facts
| Initial franchise fee | $50K |
| Royalty | $6/Bin/Week |
| Total investment | $162K - $217K |
| Liquid capital required | $125K |
| Net worth requirement | $500K |
| Year founded | 1986 |
| Year began franchising | 2016 |
| Business model | Both |
| Owner-operator required (Year 1) | No |
