College HUNKS Hauling Junk Wins Award For Franchisee Satisfaction
TAMPA — College HUNKS Hauling Junk and Moving has won an award for franchisee satisfaction, earning the honor from Franchise Business Review. The trade publication’s 2016 Top 50 Franchisee Satisfaction Awards were based on interviews with more than 26,000 franchisees representing more than 350 companies.
Inclusion on the Top 50 list reflects overall franchisee satisfaction as well as financial performance, the magazine said.
“This is an awesome honor,” said President and co-founder Nick Friedman. “Awards are nice, but this one is special because of what it says about our company and our culture. Not only are our franchisees performing strongly, but they are enjoying the businesses that they are building. One of our core values is creating a fun, enthusiastic team environment, and this kind of feedback shows that we’re hitting the mark.”
A commitment to listening and innovation
Another core value of the company is to listen, fulfill and delight team members, franchisees and clients. To that end, the franchise deploys several different systems that make it quick and easy for customers, team members and franchisees to provide feedback, and the company tracks that feedback rigorously and works to constantly improve service.
The commitment to listen, fulfill, and delight franchisees has led to internal innovations that have made it easier for franchisees to open and expand their businesses. For instance, co-founders Friedman and CEO Omar Soliman opened the books of their corporate-owned locations to lenders, showing them how company-owned locations have performed, and explaining the business model and how it scales. As a result, College HUNKS. was able to secure a preferred lending arrangement that helps franchisees more easily finance the trucks they need to expand their business.
And franchisees have certainly been expanding. Average reported franchisee revenue grew 51% between 2014 and 2015 — an incredible jump that continues a now 6-year-long streak of double-digit sales growth.
College HUNKS Hauling Junk is the fastest-growing junk-hauling franchise and moving franchise in America. The company was started in 2003 by Omar Soliman and Nick Friedman, and it began franchising in 2006. Soliman and Friedman have been named two of the top young entrepreneurs in America by “Inc.” magazine. They literally wrote the best-selling book on entrepreneurship, co-authoring “Effortless Entrepreneur” to share the lessons, planning and strategies that have made College HUNKS Hauling Junk an overwhelming success. College HUNKS Hauling Junk has been named one the fastest growing companies in America by “Inc.” and has made “Entrepreneur” magazine’s list of top franchise opportunities for five years in a row and counting.
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