Do you want to start a plastic recycling business by buying a franchise? If YES, here are 7 best plastic recycling franchise opportunities for sale and their cost.
Plastic is used to make pretty much anything you can think about. People frequently buy various plastic items and there’s a constant, never-ending supply. This demand is good news for you if you’re looking to start this business because you’ll never run out of customers.
The most important thing to know about plastic is that it doesn’t decompose. Plastic doesn’t just “go away” in the same way as other types of trash. It stays around forever, polluting our planet and oceans. Experts for so long have been searching for ways to break down plastics, but so far, the best solution seems to be recycling. When we recycle our plastics, it gets transformed into new products, and waste is minimized. This will become your job if you choose to venture into this business.
Recycling is a great way to save our planet and eliminate plastic pollution, but unfortunately, most plastics never get recycled. These plastics go straight to the landfill after one use, and they’ll never again re-enter the plastic industry. It’s hard to ascertain just how much plastic gets thrown out every single day. Right from when plastic first saw widespread commercial use in the ’50s, a whopping 8.3 billion tons of plastic have been produced.
One unbelievable fact is that most of these plastics were never recycled. And the plastic industry is showing no signs of slowing down. Every single year, more than 400 million tons of plastic waste is created, and this number just keeps getting higher and higher. So how much of that plastic is recycled? Only about 10%. Obviously, we can do a lot better than that. This is where your Plastic Recycling Business can help massively, earning impressive profits in the process.
Now is indeed never been a better time to start a Plastic Recycling Business. Why? Because concerns about the planet’s well-being have reached an all-time high. Individuals are becoming more conscious about the environment than ever before, and they want to do something that helps — constructing products from recycled plastic in one very easy step most businesses can take.
Although the plastic recycling business is booming right now, it’s all relatively new. There are just tons of opportunities for newbies to get involved and start their own recycling business. Unfortunately, you’re not actually going to see a return on your initial investment for quite some time.
Since the startup costs are relatively high, you’ll need to work for months or even a year before you start to turn a profit. This will immediately discourage a lot of people from starting this business. After all, we live in an age where everyone wants quick, easy cash.
Even if you do have considerable savings, you might start to get a little concerned as this business starts to eat up all your cash without giving you anything back in return. A Plastic Recycling Business might require a high initial investment to get the ball rolling, but there’s a flip side to this. When you start gathering momentum with this business, you’ll start earning insane amounts of money.
So, while the startup costs are high, the profit margins are worth the costs. You’ll make good money with this business as long as you’re patient and able to handle the initial investment. Below are few franchises you should consider in the USA.
7 Best Plastic Recycling Franchise Opportunities for Sale and Their Cost
- Fisher Recycling, Inc.
Fisher Recycling, a commercial recycling service business, is actively looking to expand and is offering a unique franchise opportunity. Fisher Recycling is a Charleston, SC based recycling collection and services company focusing primarily on the commercial sector.
The company design and implement viable custom recycling options for restaurants, bars, hotels, offices, factories, hospitals and retail stores. This company have been operating in Charleston since 1992 and they have franchises in the Myrtle Beach, SC and Hilton Head/Savannah areas.
- Initial Investment: $95,000 – $161,000
- Smash My Trash
The Smash My Trash franchise is growing rapidly with their innovative franchise and it is excited to find owners who would like to offer their services in the waste industry to both residential and commercial customers. The business is simple to operate and highly effective. You can own a Smash My Trash franchise for a total investment of $123,750-$198,500. Candidates are asked to have $100,000 in liquid capital.
- Initial Investment: $123,750 – $198,500
- Liquid Cash Requirement: $100,000
This company provides mobile or home-based repairs, restoration and re-dyeing of leather, vinyl, plastic, carpet and fabric in automobiles, boats, planes, medical facilities, homes and businesses. The company was founded in 1985 and is based in Black Diamond, Alberta.
- Initial investments: $94,050 – $106,800
- Net-worth Requirement: $200,000
- Liquid Cash Requirement: $50,000
- Initial Franchise Fee: $47,000
- Ongoing Royalty Fee: $695+/mo.
- 1-800 Mr. Rubbish
1-800 Mr. Rubbish is an environmentally friendly rubbish removal business. They recycle metals, plastic, paper and cardboard with the worlds first hybrid electric trucks, zero emissions and also worlds first dumpster/container franchise.
- Liquid Cash Requirement: $78,000
- Initial Investment: $78,000 – $240,000
- Supply Pointe Franchising, LLC
SUPPLY POINTe provides logistical solutions in trucking, freight forwarding, pallet and packaging, waste removal and more through a convenient, one-stop program. With low overhead, zero inventory and minimal staffing at start-up, the SUPPLY POINTe franchise opportunity provides a flexible home-based business for entrepreneurs seeking to join the 40 billion dollar transportation industry.
- Initial Investment: $80,000 – $157,000
- Color Glo International
This company provide services in restoration and repair of leather, vinyl, velour, cloth and hard plastics commonly found in the markets of Automotive, Aircraft, Marine and Furniture. The company was founded in 1975 and is based in Minneapolis, Minnesota.
- Initial investments: $56,300 – $61,375
- Net-worth Requirement: $50,000
- Liquid Cash Requirement: $50,000
- Initial Franchise Fee: $33,000
- Ongoing Royalty Fee: 4%+
- Junkluggers Franchising LLC
Since 2006, The Junkluggers has been offering an environmentally-friendly alternative to traditional junk removal for homes and businesses, saving millions of tons of junk from the landfill each year by donating usable items to local charities and recycling centers. This company haul away items that people no longer want or need and strive to donate and recycle on behalf of their customers, offering a tax deductible receipt for anything donated.
- Liquid Cash Requirement: $50,000
- Initial Investment: $79,000 – $147,000
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