A 1-800-GOT-JUNK? resale runs on the branded truck fleet and the disposal, transfer-station, and recycling-partner accounts a territory depends on — accounts that typically need to be re-confirmed in the buyer's name, not assumed to carry over automatically the way a lease would.
1-800-GOT-JUNK? resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.
Getting approved
Buyer and seller sign, with a deposit held in trust and conditions built around franchisor consent and confirming the fleet being sold.
1–2 weeks†O2E Brands' franchising team reviews the incoming operator's application and financial qualification, and considers any right of first refusal.
3–6 weeks†A franchise disclosure document may still be required even where the deal is framed as a private resale — Ontario courts read the resale exemption narrowly, so this gets confirmed early rather than assumed.
assessed early, in parallel†Getting to closing
The branded truck fleet, any yard or storage-space lease, and the landfill, transfer-station and recycling-partner accounts the territory depends on all get confirmed and transferred or re-established.
2–6 weeks†The incoming owner, or a designated manager, typically completes franchisor operator training before or shortly after taking over.
1–3 weeks†Funds, vehicle titles, and signed documents change hands; we track final franchisor sign-off and disposal-account confirmations through to completion.
1 day, plus a short tail†The official Canadian franchise portal ('Start a Franchise'); part of Vancouver-founded O2E Brands.
Ontario trucks/territories among the nationwide Canadian franchise network.
This is the first real decision in a 1-800-GOT-JUNK? resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.
| Question | Asset purchase | Share purchase |
|---|---|---|
| What you buy | The branded truck fleet, territory rights, and disposal/recycling-partner accounts, plus the benefit of the existing franchise agreement, subject to consent. | The shares of the operating company — the fleet, the accounts, and everything the company owes. |
| Franchisor consent & ROFR | Required for this specific territory, and typically the pacing condition on the whole deal. | Required for the change of control itself — the franchisor reviews who is actually taking over the company. |
| Disposal & recycling accounts | Landfill, transfer-station, and recycling/donation-partner accounts typically need to be re-established or re-confirmed in the buyer's name. | Often continue under the existing company, subject to the account holder being notified. |
| The truck fleet | Vehicle titles and any financing or leases transfer or get paid out at closing. | Generally stays registered to the company. |
| Tax angle | Buyer gets a stepped-up cost base on the assets purchased. | Seller may access the lifetime capital gains exemption on qualifying shares. |
| Typical use for a 1-800-GOT-JUNK? territory | The default for a single territory changing hands. | Less common — occasionally used where an operator holds several O2E-family territories under one company. |
The branded truck fleet, territory rights, and disposal/recycling-partner accounts, plus the benefit of the existing franchise agreement, subject to consent.
The shares of the operating company — the fleet, the accounts, and everything the company owes.
Required for this specific territory, and typically the pacing condition on the whole deal.
Required for the change of control itself — the franchisor reviews who is actually taking over the company.
Landfill, transfer-station, and recycling/donation-partner accounts typically need to be re-established or re-confirmed in the buyer's name.
Often continue under the existing company, subject to the account holder being notified.
Vehicle titles and any financing or leases transfer or get paid out at closing.
Generally stays registered to the company.
Buyer gets a stepped-up cost base on the assets purchased.
Seller may access the lifetime capital gains exemption on qualifying shares.
The default for a single territory changing hands.
Less common — occasionally used where an operator holds several O2E-family territories under one company.
We tell you which structure fits — before you sign anything.
No open-ended hourly surprises — the cost is confirmed in writing before any work begins.
| Type of work | Fee | How it's confirmed |
|---|---|---|
| Straightforward purchase or sale | Starting from $3,388.87 Our charges · taxes included | Confirmed in writing once we see the agreement. |
| Larger or more complex deal | Quoted to scope | Short call → fixed written quote before any work begins. |
| Searches, filings & third-party fees | At cost | Itemized on your invoice, not marked up. |
A single 1-800-GOT-JUNK? territory with an established fleet and disposal accounts, one buyer and one seller, a standard consent process.
Start my file →An operator holding multiple territories or another O2E-family brand in the same market, or disposal-account continuity that needs confirming before terms are final.
Book a consultation →Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.
It depends on the specific account — some continue under the existing company once the holder is notified, while others need to be re-established fresh in the buyer's name. We map out which accounts the territory actually depends on before you close, so nothing lapses mid-transition.
It can. Because both brands share the same franchisor family, cross-brand ownership or territory patterns sometimes come up in the consent and right-of-first-refusal process. We check how your existing holdings, if any, factor into the review before you make an offer.
Not necessarily. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in the resale can be enough to trigger a full disclosure requirement anyway. Whether it applies to your deal gets confirmed early, not assumed from the word 'resale.'
It can step in and buy the territory itself, on the same terms you negotiated, instead of letting your purchase proceed. It's a standard clause in most franchise systems, and it's built into the deal timeline from the start so it doesn't surprise you late.
Many operators run from a modest yard or storage space rather than a public storefront, since the customer-facing side of the business happens on-site at the job, not at an office. We confirm what premises, if any, your specific territory actually needs.
Related
Where we close franchise resale deals
Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by 1-800-GOT-JUNK? or its franchisor.
Tell us about your 1-800-GOT-JUNK? resale — we'll point you the right way and confirm the cost in writing before any work begins.