College Hunks Hauling Junk 101
The College Hunks Hauling JUNK STORY The Ultimate College Application After 3 years of business, former schoolmates of Chelsea Clinton and Al Gore III, Omar Soliman and Nick Friedman have grown what started as a temporary summer gig into a multi-truck, multi-million dollar franchised business with locations across the country, including DC, Orlando, Tampa, Denver, San Francisco and Los Angeles. The company began when the founders recognized the increasing societal demand for the decluttering of home and office spaces. Soliman and Friedman envisioned bringing a clean-cut image to the junk removal business by recruiting college students to remove the unwanted items. They put their idea on paper and promptly won the 2004 Rothschild Entrepreneurship Competition for business plans, beating out 150 other entries. Now, just a few short years later… • College Hunks Hauling Junk is the only U.S.-based junk removal franchise opportunity that exists today. College Hunks Hauling Junk seeks to leverage its creative and unique marketing approach to be recognized as a more clientfriendly, image conscious junk removal service – the RitzCarlton of Junk Removal.
Our Customers Over 60% of jobs are residential, and many of the customers are female housewives desperately battling packrat husbands. Larger contracts have been completed for commercial clients such as USAirways and Securities Exchange Commission. College Hunks Hauling Junk meets the commercial demands of property management firms, remodeling contractors, and Realtors. Customers can book junk removal appointments online as well as vote in the company’s “Hunk ‘Haul’ of Fame.”
• At age 25, the owners were the youngest franchisors in America. • The young company has won numerous American Marketing Awards for their creative brand, and was recently named in Best Places to Work by Washingtonian Magazine. • The founders have been featured in SmartCEO Magazine, The Washington Post, and on Oprah.com. • The company donates a portion of revenue to College Bound (www.collegebound.org), a non-profit scholarship program that mentors and provides financial aid to underprivileged students.
“Let tomorrow’s leaders haul your junk today!”
TM
Your Junk Removal Specialists – Commercial & Residential A portion of all revenues donated to local scholarship programs
Franchise Popularity & Opportunity
Service that’s an easy sell: Professional, uniformed teams do all the labor and loading Upfront, all-inclusive pricing
Franchise lead flow has increased significantly as the US economy has slowed. This is due to corporate employees recognizing their potential job instability, and therefore, seeking a reliable turn-key operation. Franchising allows entrepreneurs to go into business for themselves but not by themselves. Home service franchises are currently some of the hottest franchises, as homeowners have more income and less time to do home improvements themselves.
Prime Markets, Systemized Process Franchisees can purchase exclusive territories made up of 65,000-85,000 qualified households (households with annual income of $50,000 or greater).
Free, no-obligation estimates
• The franchise fee for one zone is $35,000. Additional zones can be purchased for $15,000.
Same day service
• College Hunks Hauling Junk charges a 7% royalty, 6% client loyalty center fee (to operate the centralized call center), and a 1% national ad fund.
Invoicing designed to meet customers’ needs. Online booking
• New franchisees participate in a 5-day training program at “Junk University” in Tampa, FL where they learn every aspect of the business, i.e. recruiting, management, sales, strategic marketing tactics, etc.
Award-winning marketing tools “Green” practices including the recycling of over 60% of items collected Residential & Commercial services available
In order to position itself for national expansion, College Hunks Hauling Junk purchased the toll-free phone number 1-800-Junk-USA for $13,500, and has invested hundreds of thousands of dollars in franchise systems development, customized software (“JunkWARE”), attorneys fees, and franchise consultants.
web links Franchise Section of Website www.1800junkusa.com/franchise Hunk ‘Haul’ of Fame www.1800junkusa.com/hauloffame College Hunks Hauling Junk In the News http://1800junkusa.com/aboutus-and-inthenews
Year-to-year growth:
Non-junk finds… • 50 pieces of autographed sports memorabilia including Hank Aaron and Willie Mays autographed Baseballs and Bats. • An original Grant Wood painting worth $20,000. • 1872 gold-plated original Winchester rifle. • Mint-condition sets of 1960’s Vintage Playboy Magazines.
College Hunks Hauling Junk was founded in June 2005 and has been growing rapidly:
Year 2005: 2006: 2007: 2008: Projected: 2009: 2010: 2011:
System-wide sales
Franchises
$550,000 $1,100,000 $2,500,000 $3,000,000
0 1 4 14
$5,000,000 $10,000,000 $20,000,000
30 50 100
College Hunks Hauling Junk currently employs more than100 individuals. Our 250-plus “alumni” have played in the NFL, NCAA basketball championship games, become doctors, lawyers, business owners and gone on to many other great achievements. When you choose College Hunks Hauling Junk, you’re hiring tomorrow’s leaders to haul your junk today!
Brawn and Beauty: College Foxes Packing Boxes
College Hunks Hauling Junk recently launched a sister company, College Foxes Packing Boxes, to help homeowners declutter and prep for moving. Check out their site at www.CollegeFoxes.com