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College Hunks Hauling Junk

Junk removal services

Background

Founded: 2003 Franchising since: 2007
4836 W. Gandy Blvd.
Tampa, Florida 33611
Phone:
(800)586-5872


Franchisor is a privately-held company with 20 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 50 0 0 20
2008 35 0 0 12
2007 5 0 0 16
2006 N/A N/A N/A 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, Utah, Vermont, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 250,000 population

Costs and Fees

Total investment: $100K-150K
Franchise fee: $35K
Ongoing royalty fee: 7%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory Yes Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $60K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 100% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4 - 6
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 7-10 days
  • At franchisee's location: 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#399 (2009);

Top New Ranking:
#30 (2009);


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