Smash My Trash Profits
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A franchise business called Smash My Trash that helps businesses reduce their trash costs by compacting dumpster contents using a specialized truck with a crane arm. The service allows businesses to fit more waste in their dumpsters, reducing the frequency of pickups and lowering overall trash costs.
Key Points:
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Core Service:
- Drive to business locations with specialized truck
- Use crane arm to compact/smash trash in dumpsters
- Allows customers to fit more waste in existing dumpsters
- Reduces frequency of needed pickups
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Business Model:
- Franchise-based system
- Initial investment around $400k
- Can be run with 2 people
- Revenue potential of $1M annually
- EBITDA/net income around $300k
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Scale:
- Currently ~160 locations
- Company has made estimated $40-50M in franchise fees
- Service cost is less than the savings customers get from reduced pickups
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Target Market:
- Businesses with high volume of trash/cardboard
- Warehouses and facilities with regular dumpster service
- Companies looking to reduce waste management costs
38:48 - 41:44
Full video: 59:09SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.