College Hunks Hauling Junk and Moving

College Hunks Hauling Junk and Moving is more than a franchise opportunity with a huge financial upside (our item 19 is amazing). Year after year our company-wide revenues grow by leaps and bounds. This year we've seen revenue that even 3 years ago, we never could have imagined, and our customer satisfaction score is higher than household brands like Costco, Nordstrom, Amazon and Apple!

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College Hunks Hauling Junk and Moving

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College Hunks Hauling Junk and Moving Franchise Cost and Requirements for 2022

Background

Features of business

  • Low Cost Investment - $200K "all in"
  • 2 businesses for one franchise fee (Moving and Junk Removal)
  • Multiple revenue streams (Moving, Move Labor, Junk Removal)
  • 6-8 part time Employees to start with
  • B2B and B2C component
  • Eco-friendly and green business
  • Strong brand name with national recognition
  • Small industrial type office space


Recent Awards

  • Franchise Grade: A Rated Franchise
  • Franchise Chatter: Top Rated Franchise
  • Franchise Business Review: 2020 Top Franchise Culture
  • Entrepreneur Magazine: 2020 Top Low Cost Franchise
  • Entrepreneur Magazine: 2020 Top Franchise For Veterans
  • Entrepreneur Magazine: 2020 Top Growth Franchise -most explosive growth over the past 3 years
  • Inc. 5000: Fastest-Growing Logistics & Transportation Companies In America


Function of the franchise owner / daily tasks
1. Building a management structure to organize hauling and moving teams each day
2. Sales and Business Development to be build a Residential and Commercial Business
3. Reviewing key metrics, building a strong team culture, building local partnerships and relationships that add value to the business and ensure overall success
4. Managing a fleet of trucks
5. Managing a marketing budget
6. Networking and building relationships with other local business owners, real estate agents, municipal government officials, property managers, and charity organizations. These relationships not only help secure more job bookings for your franchise going forward, they also give your community a favorable view of you, your employees, and the College Hunks brand name.

You may choose to hire a GM to handle a large portion of the day-to-day operations, but many owners stay hands-on managing teams and building the business with our assistance.

The big, orange trucks are essential marketing tools, and the teams on the trucks will perform various sales and marketing tactics throughout the day.

2020 Highlights

  • Net Promoter Score increased to 86 (up to 79)
  • SLC (Call Center) booked 313,000 jobs for franchise owners in 2020 (up from 278K in 2019)
  • SLC overall Booking % went up from 68.2% in 2019 to 75.4% in 2020
  • SLC generated $4.8M additional revenue in 2020 from Open Leads (individuals that didn't book on the first call to us, that we reached back out to)
  • 2020 Systemwide revenue grew 17% YoY (despite Move being stuck in place at the beginning of COVID)
  • Franchisee Net Income as a percent of Revenue increased 39% YoY
  • Despite millions of Americans being out of work, our average job size increased YoY
  • Franchisee Average Acquisition Cost per Job decreased 12% YoY
  • We added a record number of new franchise owners in 2020 with 40 new franchisees joining the College Hunks franchise family!
  • College Hunks Hauling Junk & Moving is data driven but we're very socially conscious. Probably our proudest achievement this past year was helping over 100 individuals leave their abusers when we began offering free moves for victims of domestic violence. https://www.king5.com/article/news/local/college-hunks-moving-domestic-violence-survivors/281-1f639588-f43f-4d12-a3b0-11f333327823


Is there an Earnings claim?
Yes, we are proud of our incredible Item 19!

  • Top 25% of franchisees averaged $2,482,687 Gross Revenue in 2019 with EBITA of 19% - $474,144
  • The average franchisee gross revenue in 2019 was $1,257,610 with EBITA of 18% - $221,555


Territorial protection
Yes, we provide exclusive zones for our franchisees.

Description of territory
Each territory is exclusive, with a 300-400K population range per standard zone. Small markets are available in zones with less than 300K in population.

Desired background of future College Hunk franchise owners:

1. Leaders who can teach their team members how to become leaders in their own right. A candidate's attitude and personality should be enthusiastic, optimistic and filled with passion. Building leaders is a core value.
2. As far as experience, we're looking primarily for candidates with backgrounds in sales, business development/ownership, marketing but will also consider candidates that are people oriented, good listeners, follows process, "can do" positive attitude and detail oriented. Leadership isn't gender-based and female franchise owners do great!
3. Work hard and have fun Any combination of these traits or experiences, along with the capital to invest in a franchise, would make a prime candidate to own a College Hunks Hauling Junk and College Hunks Moving franchise. Having fun is one of our core values! After all, we are a collegiate-themed company with a sense of humor. Furthermore, most of a franchisee's employees are youthful, college-aged workers who naturally have a zest for life. While helping to develop them into future leaders, they can, in turn, help you to stay positive, energetic and youthful throughout your workday. In this regard, it is a mutually beneficial relationship between owner and employee.



Competitive advantage of the service

  • A Net Promoter Score (NPS) higher than brands like Amazon, Apple, Costco, Nordstrom South West Airlines
  • 150,000 5-Star Google Reviews
  • $30,000,000 in national media exposure
  • The #1 Call Center in the United States employing 150 agents (in-house) that booked 313,000 jobs for less than 130 open locations in 2020
  • Social Equity in the communities we serve ‐ providing 2 nutritious meals for every job we do to a charity called "Feeding Children Everywhere" and partnerships with Habitat for Humanity and Goodwill among others
  • Social Justice ‐ moving victims of domestic violence for free!
  • Branding. We are the "Purple Cow" of franchising. Very few brands have customers taking selfies with trucks and posting it on Facebook or posting Tik Tok videos with our team members.

Company Details

Established: 2005
First Unit Franchised: 2007
Franchisees: 135+
Franchise Territories Awarded: 260+
Company Owned Units: 3
States Registered In: All


Support and Training Offered By College Hunks Hauling Junk and Moving

Financial Assistance Provided: 3rd party lending
Truck financing: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Co-Operative Advertising: Yes

Training:
New owners work through 160 point checklist with onboarding specialist to set up the franchise for success. Pre-Opening typically takes 9-14 weeks including 1 week in Tampa for Franchise Traning and 2-3 days at an existing location. Our world-class Franchise Performance Team (support) dispatches staff to the new owner's location to ensure new Franchise Partners (owners) get off to the best possible start! After launch we continue providing tremendous support for the future of the franchise to maximize revenues and profitability!
Our Sales Loyalty Center (national call center) and inside sales team will handle a large portion of the foot work on your behalf by fielding calls, booking jobs and sending them to you. In a single day in May, our SLC booked over 1300 jobs for our owners!

Marketing, Advertising and Operations support are areas in which the franchisee and their team members will receive ongoing training, support and guidance from the College Hunks support and leadership teams.

2022 Franchise Requirements Needed to Own a College Hunks Hauling Junk and Moving Franchise.

What does a College Hunks Hauling Junk and Moving Franchise Cost?

College Hunks Hauling Junk and Moving franchise fees for 2022:

Cash Investment: $70,000
Total Investment: $95,000-$208,000
Minimum Net Worth: $200,000
Franchise Fee: $60,000 one zone
Royalty: 7%
Ad: 2%
Average Number of Employees: 6-10
Passive Ownership: No
Home Based: No
B2B: Yes
Master Franchise Opportunities: No

Is College Hunks Hauling Junk and Moving a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. College Hunks Hauling Junk and Moving is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is College Hunks Hauling Junk and Moving a Home Based franchise?

No. College Hunks Hauling Junk and Moving is not a home based franchise opportunity.

What Do College Hunks Hauling Junk and Moving Franchise Owners Make?

Click here to find out how much College Hunks Hauling Junk and Moving franchisees make. College Hunks Hauling Junk and Moving offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is College Hunks Hauling Junk and Moving a Master Franchise Opportunity?

No. College Hunks Hauling Junk and Moving is not a master franchise opportunity.

Does College Hunks Hauling Junk and Moving Offer a Veteran Discount?

Yes. College Hunks Hauling Junk and Moving franchise does offer a veteran discount.

Does College Hunks Hauling Junk and Moving Work with E2 Visa and EB-5 Visa Candidates?

Yes. College Hunks Hauling Junk and Moving franchise does work with E2 Visa and EB-5 Visa candidates.

Is College Hunks Hauling Junk and Moving Looking for Franchisees in Canada?

Yes. College Hunks Hauling Junk and Moving franchise is looking for Canada franchisees.

Is College Hunks Hauling Junk and Moving Looking for International franchisees?

No. College Hunks Hauling Junk and Moving franchise is not looking for International franchisees.

Additional Information

Additional Categories

Home Services, Maintenance, Miscellaneous & Unique

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

College Hunks Hauling Junk and Moving Franchises for Sale

Click Here to inquire about existing College Hunks Hauling Junk and Moving franchises for sale. We may have College Hunks Hauling Junk and Moving franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.