
Franchise Fee: $75,000
Royalties: 7% of gross sales
Cash Investment: $75,000
Total Investment: $400,000 - $450,000
Net Worth: $200,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
Two recession resistant businesses:
Throw away or donate the stuff they don't want (Junk Removal), and
Move the stuff they do want (Moving).
Our Franchise owners also sell “Labor” as a 3rd revenue source. An example of “labor” would be someone getting new flooring. We move items from one end of the house to another as the floor is being done. Another revenue source is move supplies. We had a location sell over $30,000 in move supplies in a single month.
College Hunks Hauling Junk is the fastest-growing junk-hauling franchise and moving franchise in America. The company was started in 2005 by Omar Soliman and Nick Friedman, and it began franchising in 2008. Omar and Nick have been named two of the top young entrepreneurs in America by “Inc.” magazine. They literally wrote the best-selling book on entrepreneurship, co-authoring “Effortless Entrepreneur” to share the lessons, planning and strategies that have made College Hunks Hauling Junk an overwhelming success. College Hunks Hauling Junk has been named one the fastest growing companies in America by “Inc.” and has made “Entrepreneur” magazine’s list of top franchise opportunities for five years in a row and counting.
College Hunks Hauling Junk also has impressive brand recognition. The franchise has been featured on the 2022 Season Premier of Undercover Boss as well as The Oprah Winfrey Show, ABC’s Shark Tank, HGTV’s House Hunters, AMC’s The Pitch, Bravo’s The Millionaire Matchmaker, TLC’s Hoarding: Buried Alive and Fox Business, as well as in The Wall Street Journal, The New York Times, USA Today, Time magazine, The Huffington Post, Forbes, Inc. and more.
College Hunks Hauling Junk and Moving has been in demand — from franchisees, customers and the media — because our business is fun and rewarding, and our systems create a great experience for our customers and our franchise partners. Chief among those systems is our national call center, which books and schedules jobs for our franchisees seven days a week — a service that saves franchisees money and time. The call center also makes the business easier to manage. That’s important, because there is tremendous demand.
Why the Junk removal and Moving industries?
Low-cost franchise
Ridiculous growth potential
Automation-Resistant
Amazon-Resistant
Recession-Resistant
Pandemic Resistant
When the economy is great, people move to larger homes. When the economy is bad, people move to smaller homes they can afford and get rid of things they no longer need. The average American moves 11.5 times during their lifetime!
Year founded: 2005
Year Franchised: 2008
Home Based: No
| Franchise Fee: | $75,000 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | Yes |
| Total Investment Range: |
Single Unit: $400,000 - $450,000 |
| Net Worth Requirement: | $200,000 |
| Royalty: | 7% of gross sales |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.