Franchise FAQ

how much is college hunks hauling junk franchise

by Jerrold Rutherford Published 2 years ago Updated 1 year ago
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Is college hunks hauling junk a good franchise?

College HUNKS Hauling Junk & Moving is ranked within the top 3% of all franchise opportunities in the United States.

What are college hunks worth?

It ended up being a good decision, because according to ChiefExecutive.net, they were worth more than $100 million in 2019.

Who is the CEO of College Hunks Hauling Junk?

Omar Soliman (2005–)College Hunks Hauling Junk / CEOOmar Soliman is the Co-Founder and Visionary of College HUNKS Hauling Junk & Moving®. As a business management major, Omar attended the University of Miami in Coral Gables, FL.

What does college hunks stand for?

Actually, H.U.N.K.S. is an acronym that stands for Honest, Uniformed, Nice, Knowledgeable, Service. We have expanded the definition of “H.U.N.K.S.” to include brains and service, not just brawn. The majority of our team members are students or are taking a semester off, but they are all friendly and collegiate.

Is College Foxes Packing Boxes successful?

Where Are They Now: Is College Foxes Still in Business Today? 2022 Update: The College Foxes Packing Boxes did not take off as the entrepreneurs hoped it would, but their initial business, College Hunks Hauling Junk and Moving, continues to operate today.

How long has College Hunks been in business?

The Nation's Fastest-Growing Moving & Junk Removal Franchise Our business started in 2003, and we began franchising in 2006. Our franchise system has more than doubled in size since 2010 and has experienced 337% systemwide growth in the past 7 years, from $442K in 2013 to $1.31M in 2020.

What is College Foxes Packing boxes?

What are College Foxes Packing Boxes? College Foxes Packing Boxes was intended to be a moving service staffed by college-aged women. The concept was inspired by the success of their College HUNKS Hauling Junk & Moving company.

Where did hunks start?

Washington, D.C.College Hunks Hauling JunkTypePrivateFounded2004, in Washington, D.C.FounderNick Friedman, Omar SolimanHeadquartersTampa, Florida , United StatesNumber of locations165 franchises (2021)4 more rows

Who invested in college hunks?

The enthusiasm from the team at College HUNKS Hauling Junk & Moving stood out the most during the first meeting with Susquehanna Private Capital, which recently made a minority investment in the 160-unit franchise founded by two college buddies out of a cargo van.

How many locations does college hunks have?

With over 150 locations in the US and Canada, you can find the right location for your needs.

What states have college hunks?

We have availability throughout the state of California, including current opportunities in the following cities: San Diego.

Who started College Hunks Moving?

Omar SolimanNick FriedmanCollege Hunks Hauling Junk/Founders

Did college hunks get a deal on Shark Tank?

The very first episode of Shark Tank actually featured the cofounders of College HUNKS Hauling Junk, Omar Soliman and Nick Friedman. After pitching their business to the “Sharks,” they ultimately declined making a deal because it would mean losing ownership of their junk removal franchise idea.

What is College Foxes Packing boxes?

What are College Foxes Packing Boxes? College Foxes Packing Boxes was intended to be a moving service staffed by college-aged women. The concept was inspired by the success of their College HUNKS Hauling Junk & Moving company.

What size truck does college hunks use?

Our estimates will include estimates of any additional fees related to disposal, etc. Our most common, volume-based junk removal prices are for an eighth truckload, half truckload, and full truckload. Our junk hauling trucks measure 11ft long, 8ft wide and 5ft tall.

How long did Mark retire from college hunks?

“After just 9 days of retirement Mark decided he wasn't ready to setting down. Mark came from the education world so he knew he wanted to continue to help others. College Hunks stuck out to him because they stick out to service people!“

Who is Nick Friedman?

Nick Friedman is the Co-Founder and Visionary of College HUNKS Hauling Junk & Moving®, the largest and fastest growing junk removal and moving franchise opportunity in North America. Learn More.

Is College Hunks a junk hauling company?

College HUNKS Hauling Junk & Moving is proud to be America’s fastest-growing moving and highest rated junk-hauling franchise. We utilize a smart business model to drive our growth, giving you the opportunity to be an executive in your business. So what are you waiting for?

What is college junk hauling?

College HUNKS Hauling Junk & Moving ® is the nation’s fastest-growing moving and junk removal franchise, and we serve both residential and commercial customers. Our business started in 2003, and we began franchising in 2006. Our franchise system has more than doubled in size since 2010 and has experienced 500% systemwide growth since 2013. We have been able to rapidly grow by providing a complete, low-cost system that helps franchise owners win customers and generate outstanding word of mouth.

How much money do you need to buy a college hunks franchise?

To buy a franchise with College Hunks, you'll need to have at least $70,000 in liquid capital and a minimum net worth of $200,000. Franchisees can expect to make a total investment of $95,000 - $200,000. They also offer financing via 3rd party as well as a discount for veterans ($7,500). *

Do you have to worry about moving junk?

You don’t have to worry about moving or hauling junk yourself because your team will handle that for you.

What is College HUNKS Hauling Junk?

College HUNKS Hauling Junk is a full-service junk removal company with more than 150 locations in 37 states, Washington DC and Canada. The company got its start in 2003 when two college friends decided to earn extra cash over the summer by hauling away old furniture. It was such a success that their venture won the University of Miami's annual Rothschild Entrepreneurship Competition and became a full-fledged business in 2005.

What does College HUNKS do with your items?

After pickup, your items go to a local donation facility. There, the staff determines which items can be repurposed and donates those to local charities. The remaining items are sorted into those that can be recycled and those that can't. Recyclable items are processed as such, and the rest is disposed of in an environmentally-conscious way.

What College HUNKS will (and won't) take?

College HUNKS Hauling Junk will haul away almost any non-hazardous items from your home or office. They can remove these items from anywhere in your house, including the basement or attic, or from an apartment or office in a multi-floor building. If you're unsure whether your item is hazardous, call your nearest "College HUNKS hauling" location. As a general rule, though, toxic items would include chemicals, solvents, fertilizers, aerosols and asbestos.

Who owns College Hunks Moving?

The franchisor’s affiliate Mansari, LLC owns and operates the College Hunks Moving and College Hunks Hauling Junk business located in Tampa, Florida (“Tampa Corporate Location”), which has been in operation since 2008 and provides junk removal and moving services in Tampa, Florida (a total of 3 Zones).

Who is the co-founder of College Hunks?

16. Nick Friedman, co-founder of College Hunks, said, “We recognize that cryptocurrencies are an acceptable form of payment and we want to lead the Franchise Industry in this area, starting with our up-front franchise fees. Coming out of the pandemic, College Hunks has experienced similar exponential growth to Bitcoin and Ethereum, growing nearly 100% and is on pace to do over $200 million in sales this year.”

What is the record for college hunks sales in 2020?

2. In 2020, College Hunks broke its records for most sales in a week, most sales in a month, most sales in a quarter, and most sales in a year. In addition to a record-setting year for franchise development, the brand has taken great strides to further its long-time focus on philanthropic causes. 3.

What is a college hunk?

13. College Hunks is a purpose-driven, values-based company dedicated to being a part of the community. The hunks serve customers throughout North America by offering fast, flexible, and dependable moving and junk removal services.

Where is College Hunks located?

The franchisor’s affiliate CHHJ, LLC owns and operates the College Hunks Moving and College Hunks Hauling Junk business located in Rockville, Maryland (“DC Corporate Location”), which has been in operation since 2005 and currently provides junk removal and moving services in Washington, D.C. and Maryland (a total of 5 Zones).

How many franchised outlets will be there in 2020?

This includes 90 franchised and 3 affiliate-owned outlets in 2020 (representing 70% (93/132) of all outlets in existence at the end of 2020).

Who started college hunks?

20. The idea for College Hunks Hauling Junk & Moving was born in 2003 when co-founder Omar Soliman spotted an opportunity to earn a little extra money to spend during his summer break from college in the Washington, D.C. area. Soliman noticed that many of his mother’s furniture store customers asked if she could haul their old furniture away. Many of these customers were willing to pay about $50 for this service and Soliman asked his mother if he could use her old cargo van to provide hauling services. Soliman enlisted the help of his best friend Nick Friedman and they came up with the name “College Hunks Hauling Junk” as a joke, but the name stuck.

As a Franchisee..

As a College Hunks Hauling Junk franchise owner, you market the business in your community and provide leadership for your teams — you don’t spend your time hauling junk or moving couches. Your team handles the heavy lifting, while you teach them business skills and teamwork, molding employees into leaders.

Why Us?

Ranked Top 500 Franchises by Entrepreneur magazine — seven years in a row

Training and Support

We teach franchisees and their employees traditional and guerrilla marketing tactics to drive customer interest and acquisition. We provide digital marketing to drive customers to franchisees, as well as a national call center to book jobs.

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

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.

Franchises Similar to College Hunks Hauling Junk and Moving

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.

How much does a College Hunks Hauling Junk franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2021 Franchise Disclosure Document, there are 128 franchised College Hunks Hauling Junk locations in the USA.

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A world-class Franchise Opportunity For Entrepreneurs

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Are you seeking a new career that provides a sense of fulfillment? Tired of the 9 to 5? College HUNKS Hauling Junk & Moving® is a values-based, purpose-driven, socially conscious, tech-enabled franchise that gives owners the encouragement and resources necessary to become financially independent while gaining a great…
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About Us

  • College HUNKS Hauling Junk & Moving® is the nation’s fastest-growing moving and junk removal franchise, and we serve both residential and commercial customers. Our business started in 2003, and we began franchising in 2006. Our franchise system has more than doubled in size since 2010 and has experienced 500% systemwide growth since 2013. We have been able to rapidly g…
See more on franchisegator.com

How Big Is The Industry?

  • College HUNKS Hauling Junk & Moving® offers moving, junk-hauling, and packaging services to its customers. The moving and packaging industries alone generate $10 billion a year, according to the American Moving & Storage Association. The good news for our franchise partners is that the market is also highly fragmented, which means that a well-brand...
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Why Us?

  1. College HUNKS Hauling Junk & Moving® uses a smart business modelto give franchise owners the chance to be executives in their businesses.
  2. As a franchise partner, you will market the business in your community as well as provide the leadership your team needs to succeed.
  3. You don’t have to worry about moving or hauling junk yourself because your team will handle …
  1. College HUNKS Hauling Junk & Moving® uses a smart business modelto give franchise owners the chance to be executives in their businesses.
  2. As a franchise partner, you will market the business in your community as well as provide the leadership your team needs to succeed.
  3. You don’t have to worry about moving or hauling junk yourself because your team will handle that for you.
  4. Our growth and continuing success

Ideal Candidate

  • CULTUREis key. We want: 1. Leaders who can teach their team members how to become leaders in their own right. A candidate’s attitude and personality must be enthusiastic, optimistic and filled with passion. 2. We are looking primarily for people with backgrounds in sales, business development/ownership, marketing, or any type of corporate work. More important than the bac…
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What's Next?

  • Create your own success in a creative, fun, and enthusiastic work environment. Request more information to learn more about how our College HUNKS® franchise opportunities can help you succeed in a thriving industry.
See more on franchisegator.com

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