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Smash My Trash

Smash My Trash

The total investment to open a Smash My Trash franchise ranges from $100,000 to $638,800. The initial franchise fee is $43,750. Ongoing royalties are 8% plus a 1% advertising fee.

What is the Smash My Trash franchise?

Smash My Trash entered the U.S. commercial waste management market with mobile waste compaction technology designed to lower hauling costs and support environmental goals. Justin Haskin co founded the company in 2015, and the first location opened in Houston, TX, in 2016. Smash Franchise Partners, LLC, the franchisor, was formed in 2018 and began franchising in 2019. The operating headquarters is in Carmel, Indiana, while another source places a headquarters in Cumming, GA. Haskin is Founder and Chief Executive Officer. He holds an undergraduate degree from Macalester College and an MBA and Master's of Finance from the Kelley School of Business at Indiana University. The system had more than 500 franchised territories nationwide by the end of 2024 and 520 franchise locations as of August 2025. Smash My Trash operates in the United States, serves more than 10,000 clients across more than 41 states, and has no current international operations. The brand serves the U.S. commercial waste management market, projected to reach $130 billion by 2026. The global waste management industry is estimated to reach $530 billion by 2025.

Solid waste management is a large and expanding market. The U.S. market was estimated at $156.3 billion in 2024 and is projected to reach $247.5 billion by 2033, with a Compound Annual Growth Rate of 5.3% from 2025 to 2033. Worldwide, the market is expected to grow from $328.9 billion in 2025 to $344.12 billion in 2026 at a CAGR of 4.6%, then to $405.2 billion in 2030 at a CAGR of 4.2%. Urbanization and industrialization are increasing commercial waste volumes, with municipal solid waste generation projected to rise from 2.3 billion tonnes in 2023 to 3.8 billion tonnes by 2050. Environmental rules and climate concerns are also increasing demand for waste to energy conversion, recycling, and composting. Smash My Trash says its service can help businesses save 20% or more on hauling costs and reduce dumpster volume by up to 70%, which can eliminate thousands of unnecessary garbage truck trips and lower carbon emissions. Industrial customers held 69.4% of U.S. market revenue in 2024, while the municipal segment is expected to grow at a CAGR of 6.6%. Mobile compaction gives the brand an alternative to large, consolidated hauling companies. Essential demand and pressure for cost efficient, sustainable operations support franchise interest in this category.

The initial franchise fee is reported as $49,500 in web research. Total initial investment is estimated at $372,050 to $492,200, while a 2021 source reports $322,650 to $395,500. A separate reported range is $100,000 to $638,800. Costs vary with territories, vehicles, and regional operating expenses. Reported expenses include rent, utilities, and leasehold improvements of $500 to $4,000; operating assets of $500 to $2,000; a market introduction program of $2,500 to $5,000; a computer system of $6,700 to $11,700; insurance of $2,000 to $10,000; trucks of $275,000 to $350,000; licenses and permits of $500 to $1,000; dues and subscriptions of $350 to $1,000; and legal and accounting fees of $2,500 to $5,000. Truck costs include deposits of $30,000 per truck to an affiliate and $10,000 per truck to a third party dealer. Initial training travel, lodging, and meals are estimated at $2,000 to $3,000. Additional funds for the first three months are estimated at $30,000 to $50,000. Reported liquid capital requirements range from $80,000 to $300,000, including $175,000 from a 2021 FDD analysis. Reported net worth requirements range from $500,000 to $600,000. Smash Franchise Partners, LLC provides the corporate backing, with Haskin as CEO.

The franchise sends specialized mobile compaction trucks to client sites to reduce commercial waste in dumpsters. Service is generally offered on demand to manufacturing facilities, logistics and distribution centers, building and construction sites, and retail establishments. Staffing needs are minimal, and an owner may operate the business directly or manage it on a semi absentee basis. Owners should assess the staffing required to replace their own involvement. The model is field based and does not use drive thru or inline store formats or require a brick and mortar facility. Initial training includes two weeks at company headquarters, one additional week at corporate headquarters, 16 weeks of virtual training requiring 3 to 5 hours per week, and three days of onsite field training before opening. Corporate support includes marketing materials, operational manuals, national account development, technology partners, and a dedicated field based Franchise Business Consultant. Between 2023 and 2024, the company added improved franchisee dashboards, training modules, and marketing platforms. Territories are protected to support geographic exclusivity, client relationships, cash flow, and enterprise value. The model supports multi unit ownership, with the average franchisee owning 3 to 4 territories as of 2024.

It was based on an affiliate operating two trucks in two territories serving about 500,000 people. The Washington State Department of Financial Institutions later issued a consent order, finding that the figures did not include all income sources and that the period was cherry picked to inflate apparent revenue. It had 87% recurring revenue and an 88% compounded annual growth rate from 2021 to 2023.

Smash My Trash began offering franchises in 2019, although another source states 2020. The system had 67 franchised units in 2020 and 443 locations in 2021, a 23.3% increase in one year. By 2021, 163 independently owned franchises operated nationwide. The system reached approximately 165 locations in 2022, representing 1,275% growth from 12 locations, and 519 units in 2023. It exceeded 500 franchised territories nationwide by the end of 2024 and reached 520 franchise locations as of August 2025. Entrepreneur named Smash My Trash among the fastest growing franchises in the U.S. in 2021 and 2022 and included it in the Franchise 500 ranking. Its competitive advantages include proprietary mobile compaction technology using patented mechanisms to reduce waste volume by up to 70%, average hauling cost savings of 20% or more, and fewer garbage truck trips and carbon emissions. The service targets high volume waste generators in manufacturing, logistics, distribution, building and construction, and retail. The recurring revenue and routed service model, protected territories, and expanding footprint support the franchise structure. Between 2023 and 2024, the company enhanced dashboards, training, and marketing systems. It plans to launch a complementary business unit in the near future using the HubSpot CRM Platform. Leadership includes Haskin as Founder and CEO, Brian Reeve as CFO and COO since June 2021, Chuck Adams as CRO since September 2021, Hugh Lee as VP of National Sales since September 2021, and Paul Nejezchleb as VP of Operations since January 2021. Adams also owns several franchises.

The intended franchise buyer has entrepreneurial drive and enough capital to meet the investment requirements. Specific industry experience is not required, though business management knowledge and sales ability may help because the model serves business customers. Liquid capital requirements range from $175,000 to $300,000, and net worth requirements range from $500,000 to $600,000. The model can suit a semi absentee owner or an owner operator, with limited staffing and no facility requirement.

Loan Activity Score

62/100

SBA Default Rate

0.0%

Active Lenders

43

According to its Franchise Disclosure Document or public business records, Smash My Trash has 77 locations, all owned by franchisees. Public SBA loan records show 43 lenders made 105 loans to franchisees of Smash My Trash. PeerSense calculates Smash My Trash's score as 62 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document.

2025 FDD VERIFIEDSolid Waste Collection

Franchising since 2020 · 77 locations

Investment

$100,000 to $638,800

Franchise Fee

$43,750

Total Units

77

77 franchised

Loan Activity Score
Very high
62
SBA Lending
25
Lender Quality
11
Transparency
11
Reach
9
Momentum
6

Proprietary PeerSense metric

Moderate
Capital Sources
43SBA lenders

Distinct lenders in public SBA records for Smash My Trash

105

Total SBA loans

$373K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Smash My Trash

Loan Activity Score Breakdown

Major Brand (100+ loans)

Very High Confidence
62out of 100
Moderate
Market Momentum6/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence11/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency11/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint9/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 7.6% peer avg

SBA Loans

105

Total Volume

$39.1M

Active Lenders

43

13 selective

States

26

vs. SBA Sector Average

+7.6%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)
Item 19 financial data disclosed

Data Insights

Key performance metrics for Smash My Trash based on SBA lending data

SBA Default Rate

0.0%

7.6% below peer avg

SBA Loan Volume

105 loans

Across 43 lenders

Lender Diversity

43 lenders

Avg 2.4 loans per lender

Investment Tier

Significant investment

$100,000 to $638,800 total

Smash My Trash: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2021

50 approvals. The best year on record for Smash My Trash.

Top SBA State

Georgia

13 SBA financed Smash My Trash locations, the densest operator footprint.

Average Loan Size

$373K

Median $324K. Use as a sizing anchor when modeling your own Smash My Trash unit.

Lender Concentration

27.6%

Moderately Spread

Share of Smash My Trash approvals captured by the top 3 SBA lenders.

Smash My Trash's SBA lending pipeline peaked in 2021 (50 approvals). The last five fiscal years account for 68% of cumulative volume ($27M approved). Operator density is highest in Georgia with 13 SBA financed locations. Average funded ticket sits at $373K, with the median at $324K. Lender mix is moderately spread: the top three SBA lenders account for 27.6% of approvals. Meaningful choice exists, but specific lenders carry the brand.

Payment Estimator

Loan Amount$80K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,035

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Smash My Trash, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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4 FDDs Available for Smash My Trash

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Smash My Trash

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman