SOURCE: College Hunks Hauling Junk

College Hunks Hauling Junk

March 02, 2015 09:03 ET

College Hunks Hauling Junk Celebrates 10th Anniversary, Gears Up for Franchise Growth

Junk Removal Franchise and Moving Franchise Expects to Triple Locations and Quadruple Revenue in Next Three Years

TAMPA, FL--(Marketwired - Mar 2, 2015) - The "reality-TV-famous" company College Hunks Hauling Junk & Moving franchise, has celebrated its 10th anniversary in business and is gearing up to triple its number of franchise locations and quadruple system-wide revenues over the next three years.

The franchise system started by two college friends in 2005 in Washington D.C. has grown from its humble beginnings in a beat-up cargo van into a respected national franchise brand with more than 1,000 employees throughout the country. Its growth is picking up significant momentum. In the first two months of 2015, the brand has added more new franchise owners than it did in the entire year of 2014, and it is expecting to have a record year as an organization. In addition to new franchises, the brand is seeing sizable same-store sales results: From 2011 to 2013, the company experienced an increase of more than 43% in franchisee revenue and is seeing a double-digit increase again this year.

"We are at a tipping point as a company, and 2015 will be the most pivotal year in our history," said co-founder and CEO Omar Soliman. "No overnight success actually happens overnight, and the success of College Hunks is a testament to our amazing franchise partners and our team members across the country. The exciting part is that we will experience more growth in the next three years than we did in our first ten!"

Ten years in business is a major milestone. While the Small Business Administration reports that only one-third of businesses survive 10 years, College Hunks is thriving. The company finished 2014 with its fourth consecutive year of double-digit sales growth, quadrupling its number of employees, and it expects to triple its number of franchised locations over the next three years.

Junk removal franchise growing fast
The company's growth has been extraordinary. College Hunks Hauling Junk is the fastest-growing junk removal franchise and moving franchise in America. The company has made Entrepreneur magazine's list of top franchise opportunities for five years in a row. Ten years ago, the company consisted of two friends, one beat-up cargo van and a dream. Five years ago, the company had grown to include a dozen franchisees, a 1,500-square-foot headquarters and a call center operation with three customer service agents. Today, the company has nearly 100 customer service representatives fielding calls for franchisees throughout the United States, a robust executive team to provide support to franchisees, and a recently remodeled 12,000-square-foot headquarters building in Historic Ybor City Florida.

"Imagine what 2020 will look like," Soliman said.

College Hunks has grown by partnering with franchisees who embrace its mission to "Move the World." The company focuses on delivering outstanding, collegial service to customers, removing stress from their lives by clearing away junk and providing stress-free moves. College Hunks and its franchisees also devote efforts to mentoring team members and teaching them business skills that they can use to pursue their own goals -- whether that includes opening their own College Hunks franchise, starting another business or using their skills to excel in their chosen careers.

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