College Hunks Hauling Junk
Junk removal servicesBackground
Founded: 2003 Franchising since: 2007
Franchisor is a privately-held company with 20 employee(s); 5 employee(s) in franchise department.
Franchise Growth
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
|
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
Ongoing Support
Marketing Support
- 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