Neighborly® enters into a brand new service sector with the acquisition of Junk King®. Neighborly®, known for its home services around the globe, has acquired the best junk hauling and removal business set up by Junk King. With the latter’s one hundred and fifty locally owned franchise units existing in thirty-two states across the US as well as Canada, Neighborly efficiently established itself as the hub for Home Services. This new addition to the Franchise Portfolio of Neighborly sees a bright future for the brand.
The Presdient and CEO, Mike Bidwell, of the parent company, Neighborly is elated with the current acquisition. Mike is assured of the potential Junk King has to offer to the parent company. The brand’s strong reoccurring business model has opened up new service verticals for Neighborly.
Junk King was founded in 2005 in San Carlos, California and by 2006, the brand started franchising. The Unique Selling Point for the services that are offered by the company is that nearly 60% of the items gathered are recycled and targeted to be reused, keeping them away from ending up in landfills. The brand’s eco-friendly approach has assisted in gaining popularity.
The Co-founder of Junk Kings, Michael Andreacchi takes in a lot of pride in how the business has become successful over the period. He mentions, “The hard work and perseverance if our leadership team and employees, were further reinforced by our franchise owners, who believed in our vision and propelled the brand through their entrepreneurial drive. Now with the opportunity for Junk King to join the largest home services company in the world, there is no limit to how large this brand has become, and I am certain this is the right step for the future.”
With the acquisition in progress, Junk King’s Chief Operating Officer, Lisa Merry has been offered a promotion to become brand president.
Prior to the acquisition of the Junk Kings®, Neighborly had added Lawn Pride®, Central Indiana’s most highly regarded and successful lawn treatment company, into its portfolio in the month of July 2022
About Neighborly®:
Neighborly is a local network of home services brands that connects its users to very specific vetted local experts. It is the world’s largest home services company with more than 30 brands and 5,000 franchises collectively serving over 12 million customers in over six countries. Focused on repairing, maintaining, and enhancing homes and businesses, Neighbourly is one of the most sought-after brands in North America and Canada.
The Neighborly’s Franchise Portfolio includes- Aire Serve®, Five Star Painting®, Molly Maid®, Mr. Aplliance®, Glass Doctor®, Mr. Electric®, Mr.Handyman®, Mr.Rooter®, ProTect painters®, Real Property Management®, Rainbow International®,, The Grounds Guys®, Portland Glass, Cumberland County Glass, Mosquito Joe®, Window Genie®, Precision Door Service®, Dryer Vent Wizard®, House Master® and the recently added Lawn Pride® and Junk Kings®. The above collaboratively falls under the Dwyer Group.
To know more about the franchising opportunities with Neighborly, visit: Start A Home Service Franchise | Neighborly
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