Griffin Waste Services

Can you provide details on the 3 unit closures that occurred in 2023 and explain what circumstances led to these exits?

What does 'ceased other' mean in the unit history data, and why did 3 units cease through this category in 2023?

The bottom quartile franchisees are generating only $82,688 in gross sales—significantly below the $300,000 minimum revenue requirement stated in the financial obligations clause. How does the franchisor support underperforming units, and what happens if they fail to reach this threshold?

Technology fees are at the high end of the typical range at $600/month ($7,200 annually). What specific technology services and support are included in this fee, and how has it evolved over the past 3 years?

Your Investment score is 60, below the typical 74-75 range. What factors contributed to this lower score, and what are the total upfront costs beyond the $50,000 franchise fee?

Initial franchise terms are 10 years, which is below the typical 15-20 year range. Why was this shorter term chosen, and does this impact franchisees' ability to recoup their investment?

The non-compete radius is 20 miles, significantly below the typical 25-40 mile range. How does this affect your ability to expand or consolidate territories in densely populated areas?

Support & Training scores are exceptionally high (92). Can you detail the specific training program, ongoing support structure, and average time commitment for franchisee support?

Risk Factors score is 80, above the typical 58-76 range. What specific risk factors are elevated for this franchise, and how do they compare to competitors in the waste services sector?

Of the 15 current units, how many are operating at or above the $300,000 minimum revenue threshold, and how many are below it?

The transfer fee is $10,000—what percentage of franchisees have transferred their units, and what are the typical reasons for transfers?

Can you clarify the renewal conditions mentioned in the legal review, specifically what 'remodeling or upgrading' requirements entail and their associated costs?

The post-term non-compete clause restricts business operations for 24 months within 20 miles. Have there been any enforcement actions on this clause, and are there geographic exceptions for franchisees in rural areas?

Personal guarantees are required from all equity owners with community property implications. How is this enforced, and has the franchisor pursued personal guarantees against former franchisees?

Late payment penalties are 1.5% monthly (18% annually). How frequently do franchisees incur these charges, and what is the breakdown of payment defaults by type?

The system shows zero terminations by the franchisor despite having 14 curable and 5 non-curable defaults specified. Does this mean no franchisees have committed these defaults, or are they typically cured before termination?

Have you encountered any litigation related to territory encroachment, despite the exclusive territory protections in place?

What is the breakdown of the 6.7% transfer rate—are these voluntary transfers to family members, internal buyouts, or third-party acquisitions?

Given the 10-year contract term and the fact that bottom quartile units generate $82,688 annually, what is the average payback period franchisees can expect under normal conditions?