Is college hunks hauling junk a good franchise?

How Much Do College Hunks franchise owners make?

Average College HUNKS Hauling Junk & Moving revenue is strong and growing. Our average franchise owner revenue has increased 337% in the past 7 years, from $442K in 2013 to $1.31M in 2020. That average includes franchisees offering both junk removal and moving services, and have been in business for at least one year.

Is College Hunks a good franchise?

College HUNKS Hauling Junk & Moving is ranked within the top 3% of all franchise opportunities in the United States. We have such a successful business model that the average College HUNKS’ franchise revenue in 2020 was $1.31 million.

What is the value of college hunks hauling junk?

The 2020 Reunion followed a banner year of financial growth for College HUNKS Hauling Junk & Moving. In 2019, the company hit the benchmark of $100 million in system-wide revenue and added 25 new franchisees and five corporate stores – more than in 2017 and 2018 combined.

Who is the owner of College Hunks Hauling Junk?

How much is college hunks worth today?

College Hunks Hauling Junk and College Hunks Moving, founded in the Washington area in 2005, now has $50 million in sales across 35 states. Together, the corporate and franchise systems have 1,000 employees and 250 trucks.

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How did College Hunks Hauling Junk start?

College HUNKS Hauling Junk & Moving® was born in the summer of 2003 when 21-year-old Omar Soliman spotted an opportunity to earn a little extra money to spend during his summer break from college. … Omar tossed out “College Hunks Hauling Junk,” and everyone got a good laugh. Then they thought about it for a minute.

How did College Hunks Hauling Junk get started?

College Hunks Hauling Junk began operations in 2004 after co-founder Omar Soliman won $10,000 in the annual Leigh Rothschild Business Plan Contest. Upon graduating from the University of Miami, Soliman and partner Nick Friedman moved to Washington D.C. and expanded the company into a full-scale operation.