Risk Score
Pending analysis
Investment Range
$236,049 - $862,992
Franchise Fee
$44,550
Total US Locations
17
Business Summary
VaVia operates a business that offers dumpster rentals, waste removal, waste disposal, and related services and products. VaVia franchisees can manage their business administratively from a home-based office, but they are required to lease a commercial facility, known as an "Operations Center," for back-end activities such as parking service vehicles, storing waste containers, and managing employees. All services are provided on-site at customer locations within the designated operating territory.
Corporate History
VaVia, LLC was established as a Delaware limited liability company on August 14, 2018, with the core business of operating the VaVia franchise system. VaVia, LLC began offering franchises on March 25, 2019. The company does not have any predecessors or a parent company and has not engaged in other lines of business or offered different franchises. An affiliate, VaVia Nashville, LLC, was established in June 2018 and operates a company-owned location similar to the franchised businesses in Nashville, Tennessee.
Financial Overview
Investment Range
$236,049 - $862,992
Franchise Fee (Low)
$44,550
Franchise Fee (High)
$334,500
Royalty %
8%
Marketing %
2.5%
Equipment Costs (Low)
$149,499
Equipment Costs (High)
$436,500
Working Capital
$17,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Based on the unqualified audit opinions provided by independent auditors for the years ended December 31, 2022, 2023, and 2024, VaVia, LLC's financial statements present fairly in all material respects, indicating a sound financial position without any going concern qualifications or significant financial difficulties noted by the auditors. Management is responsible for evaluating potential conditions or events that could raise substantial doubt about the company's ability to continue as a going concern, a standard practice in financial reporting.
Financing Details
VaVia, LLC does not offer direct or indirect financing to its franchisees. Additionally, VaVia, LLC does not guarantee any notes, leases, or other obligations incurred by franchisees.
Performance Metrics
Total US Locations
17
Franchised Units
16
Corporate Units
1
Avg Square Footage
750
Franchising Since
2019
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
1
Litigation Summary
VaVia, LLC recently initiated one lawsuit in December 2023 against a franchisee and personal guarantor in the U.S. District Court for the Middle District of Tennessee. The lawsuit claimed breach of contract due to the defendants' failure to pay amounts owed and violation of non-competition and non-solicitation clauses. In May 2024, a stipulated final judgment was entered where the defendants agreed to a permanent injunction and payment of $138,240.36 to VaVia, LLC.
Bankruptcy History
VaVia, LLC has no reportable bankruptcy history.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their VaVia franchise, franchisees must be in compliance with the terms of their Franchise Agreement, provide VaVia, LLC with 180 days prior written notice of their request to renew, and sign VaVia, LLC's then-current form of Franchise Agreement and related agreements for the renewal term. They must also sign a general release in favor of VaVia, LLC, pay a renewal fee, and meet all other renewal requirements outlined in the Franchise Agreement. Furthermore, all owners and their spouses must be in compliance with their agreements with VaVia, LLC, including the Owner and Spouse Agreement and Guaranty, and must personally guarantee the terms of the new renewal Franchise Agreement, which may contain terms materially different from their current agreement.
Training & Support Program
Franchisor Assistance
VaVia, LLC provides several forms of assistance to its franchisees. Before opening, VaVia, LLC grants the franchise, reviews and approves the operating territory, provides access to its confidential operations manuals, and offers lists of approved suppliers, signs, equipment, furniture, and fixtures. It also lists the franchisee's business on its website and provides initial training for the managing owner and one designated manager. After opening, VaVia, LLC communicates operating standards, marketing standards, and approved vendors, and may coordinate an annual system conference. VaVia, LLC may also offer supplemental on-site training if requested or required due to performance issues, with an additional fee for replacement managers or specific supplemental training.
Initial Training Hours
83
Training Location
Nashville, TN/Online
Ongoing Support
After opening their VaVia business, franchisees receive ongoing support through communication of updated operating standards and procedures, marketing standards and approval, and lists of approved vendors. VaVia, LLC may coordinate an annual system conference. Additionally, supplemental on-site training may be provided if requested or deemed necessary due to performance issues, for which the franchisee will pay a fee. Training is also offered for replacement operating managers.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Full-Time
Territory Type
Non-Exclusive
Territory Size Requirements
Each VaVia territory generally consists of a geographic area with a population of approximately 300,000 people. Franchisees can purchase additional territories, each also comprising about 300,000 people, or add additional individuals to their operating territory for a supplemental fee. Population is calculated based on raw data without considering demographics or age.
Staffing Notes
VaVia franchisees are solely responsible for managing and supervising their employees, as VaVia, LLC does not provide direct assistance with hiring or training staff. Franchisees are required to ensure that all employees wear approved VaVia branded uniforms and maintain System Supplies and Approved Services and Products according to VaVia standards. The franchise agreement mandates that the managing owner or an approved manager dedicate full-time efforts to the daily management and supervision of the VaVia business. Any appointed manager must complete VaVia, LLC's initial training program and meet specific criteria.