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|Liquid Capital Required:||$50,000|
|Net Worth Required:||$200,000|
|Total Investment:||$90,000 - $208,000|
|Royalty Type:||7% royalty, 2% brand development fee|
|Financing:||Via 3rd party|
|Incorporated Name:||CHHJ FRANCHISING L.L.C.|
|Total Units:||122 (250+ Zones)|
|Home Office:||Tampa, Florida|
About College Hunks Hauling Junk & Moving
As the fastest-growing junk hauling and moving franchise in America, College Hunks Hauling Junk has been listed in Entrepreneur magazine's list of top franchise opportunities for eight years running. Our tremendous growth is fueled by a clever business model that empowers our franchise owners to act as the executives of their businesses, while our proprietary communication technology and streamlined administrative labor costs cut the busy work so they can focus on growth and development.
Values & History
College Hunks Hauling Junk was founded in 2003 and began offering franchise opportunities just three years later, owing to the incredible success of our business model. Now with over 250 operational units nationwide, our dedication to franchisee success is second to none. Our mission is to help franchisees win business, and we take this very seriously. Our dedicated national call center, proprietary communications and invoicing technology, catchy name, bright orange trucks, innovative systems, process improvements, and more are all built with this one goal in mind, fostering the entrepreneurial culture that drives the success of our brand.
An $18 billion industry, the professional home moving market employs roughly 122,600 people with an annual payroll of about $3.6 billion. Approximately 50 million people move per year, roughly 1 in 6 in the US, and the number of interstate household moves is about 3 million annually. 22% of those moving families will hire professional movers, while 33% rent moving trucks and 45% will elect to do the moving.
Purchasing a College Hunks Hauling Junk & Moving Franchise
To start a College Hunks Hauling Junk franchise prospective candidates will need at least $50,000 in liquid capital and a net worth of $200,000 or more. Total startup costs, which include six months of working capital, range from $89,300 to $208,200. Financing options are currently unavailable for this offer.
Ideal Candidate & Qualifications
Entrepreneurs with previous marketing, advertising, or sales experience are ideal for this venture. Dedication, motivation, and professionalism are essential qualities, while the ability to take guidance and advice from others will lead to faster and more robust growth for your new business. Strong leaders with excellent communication skills are among our preferred candidates for franchise ownership.
Training & Support
Training begins with an exhaustive 100-point pre-training checklist that covers an assortment of administrative startup tasks. New franchise owners are guided through the process until the training program kicks in, which features a 7-day immersion into the world of professional moving and junk removal, complete with hands-on training that covers everything you'll need to be successful under the brand. Ongoing coaching, consulting, and onsite field visits round out the support options, with ongoing support through weekly webinars, bulletins, town hall conferences, and more are also provided.