Junk King Makes the 2020 Inc. 5000 List for the First Time
August 17, 2020 // Franchising.com // BURLINGAME, Calif. – Inc. magazine announced today that Junk King has been named to its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the first year the brand has been ranked on the list.
“What an exciting few weeks it has been for us – we recently hit 1 million jobs, 400 trucks on the road and 100 franchise locations in the United States. Now, we have another achievement to celebrate” said Michael Andreacchi, CEO of Junk King. “Being included on this list alongside leading brands makes me extremely proud of what Junk King has been able to achieve in the past 15 years. We have become who we are and will only continue to grow stronger because of the team of people we’ve built around us."
Companies that have placed on the 2020 Inc. 5000 list have seen monumental growth numbers throughout the year. The list shows the groundbreaking expansion for the companies and the strides they’ve made to improve upon previous year’s development. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Junk King, the nation’s top-rated junk removal and hauling company, is known for its professionalism emulated through its eco-friendly recycling, award-winning customer service, state-of-the-art technology systems and the clear indication it places on customer satisfaction. As the brand grows, it continues its efforts in making the world a better place for generations to come.
About Junk King
Junk King is a white collar business management franchise in a blue collar industry with company operations showing more than ten years of sustainable growth. The company is firmly entrenched as the second largest and fastest growing player in the still young junk removal industry. Junk King launched its franchise in October 2009 and has awarded more than 100 new franchises, including two Master licenses in Canada. Junk King has a flexible, easy to scale model with a quick start-up and few fixed costs. The company has also expanded into the dumpster sector, offering additional services and revenue streams to franchisees.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc.
SOURCE Junk King
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