College Hunks Hauling Junk & Moving
#143 Franchise 500| Junk removal, moving, and labor services
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College Hunks Hauling Junk & Moving
Junk removal, moving, and labor services

About
Founded

2003

Franchising Since

2007 (12 Years)

Corporate Address

4411 Tampa Bay Blvd.
Tampa, FL 33607

CEO

Omar Soliman

Financial Requirements
Initial Investment

$89,300 - $208,200

Net-worth Requirement

$200,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$40,000 - $50,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

2%

Financing Options

College Hunks Hauling Junk & Moving has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

$5,000 off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

On-The-Job Training:

55 hours

Classroom Training:

53 hours

Number of Employees Required to Run:

6 - 8

College Hunks Hauling Junk & Moving is ranked #143 in the Franchise 500!
Bio
College Hunks Hauling Junk got its start in the summer of 2003 when a group of college buddies borrowed an old cargo van and began offering customers help with sorting, moving, recycling and disposing of unwanted items. The next year, Omar Soliman submitted his busines plan for College Hunks Hauling Junk to the University of Miami's Leigh Rothschild Entrepreneurship Competition and won first place. After graduating, he and co-founder Nick Friedman continued to grow the junk removal business, and in 2007 they started franchising.
Cost
Initial Investment: Low - $89,300 High - $208,200
Units
+24.7%+21 UNITS (1 Year) +60.6%+40 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 22nd, 2018