United Nations Empact Event Honors College Hunks Franchise
Empact Showcase highlights College Hunks Hauling Junk franchise, other businesses started by young entrepreneurs
College Hunks Hauling Junk was recently recognized at an event at the United Nations.
The College Hunks Hauling Junk franchise has been honored at the United Nations as one of the best companies started and run by young entrepreneurs. The event was hosted by Empact, an organization that celebrates the impact and diversity of young entrepreneurs. Empact chose College Hunks Hauling Junk as one of 100 American companies making a huge difference in the economy.
“The fact that a junk removal franchise and moving franchise can be invited to the United Nations shows that even humble industries can have a big impact,” says College Hunks Hauling Junk co-founder and CEO Omar Soliman. “In less than 10 years, our one-truck operation has grown into a nationwide phenomenon that employs more than 500 people and is providing a great business for 50 franchisees, and those numbers continue to grow.”
College Hunks Hauling Junk is the nation’s fastest-growing junk removal franchise and moving franchise. Average franchisee revenue grew 42.6 percent from 2011 to 2013, and growth remains strong, according to co-founder and President Nick Friedman.
Empact recognizes companies started by entrepreneurs who are 35 and younger. In 2013, the companies comprising the Empact Showcase contributed more than 10,000 jobs to the economy and controlled over $1 billion in revenue.
Honorees were selected based on factors including revenue, employees, social impact, growth over the past year and innovation.
College Hunks Hauling Junk co-founders Omar Soliman and Nick Friedman
College Hunks Hauling Junk’s overall three-year revenue growth of 324% recently earned it a spot on Inc. magazine’s list of fastest-growing companies in America. The company’s extensive systems help power growth and savings for franchisees.
Its commitment to social good includes diverting items from landfills. Seventy percent of the items collected by the junk removal franchise are reused or recycled, with many of the items being donated to Goodwill centers.
Additionally, College Hunks Hauling Junk’s systems are designed to help employees learn entrepreneurial skills.
“When we hire a new employee, we don’t think of them as movers or junk removers — we see them as future leaders,” Nick says. “We help them learn new skills, take on more responsibility and learn about business so that they can eventually start their own business — whether it’s a College Hunks Hauling Junk franchise or something else. One of our core values is Building Leaders, so we look forward to the day when one of our former employees is joining us at the U.N. for an event like this.”
Nick and Omar co-authored Effortless Entrepreneur, a best-selling book designed to help people start their own businesses, and outlining what it takes to build a powerful brand.