College Hunks Jumps 40% In 2017 Entrepreneur Franchise 500 Rankings
Strong growth, unit-level economics and customer service innovation make College Hunks Hauling Junk and Moving the best junk removal franchise
Entrepreneur magazine recently published its Franchise 500 rankings for 2017, naming College Hunks Hauling Junk and Moving as a top junk removal franchise. This is the sixth year we have made the list and one of the most dramatic year-to-year jumps in the history of our presence in the rankings. College Hunks has seen extraordinary growth over the last year, adding 30franchisees, for a total of 98 franchisees. To date, 246 zones have been awarded throughout the U.S. and Canada. The coming year looks to be similarly impressive, based on current growth trajectory.
A solid franchise investment
This isn’t our first appearance on the Franchise 500. In fact, we’ve been on the list every year for the past six years. College Hunks Hauling Junk and Moving is the only junk removal franchise to also offer moving and labor services, giving its franchisees multiple streams of potential income to more quickly grow their businesses and better withstand any unforeseen downturns in the economy. It’s our bundled services that set us apart from competition like 1-800-Got-Junk, Two Men and a Truck and Junk King.
Junk removal franchiseand moving franchise industry is strong
Americans spend billions on moving and junk hauling every year. The moving and packaging industries alone generate $10 billion a year, according to the American Moving & Storage Association. While there are no reliable figures for the size of the junk removal industry, we know from experience that there is tremendous demand for the service. The first College Hunks Hauling Junk business in Washington D.C. became a million-dollar business in two years on the strength of junk hauling alone.
The American Moving & Storage Association estimates that there are about 7,000 companies operating at 14,000 locations and employing more than 120,000 people to provide services similar to those offered by College Hunks Hauling Junk and Moving.
Fragmented industry is good news
In addition to homeowners, businesses of all types — including offices, property managers, real estate agents and building contractors — frequently need to move or need to get rid of outdated computer equipment, files, furniture and even construction debris.
The good news for our franchisees is that the market is also highly fragmented, which means that a well-branded and professionally run company like College Hunks Hauling Junk and Moving has been able to quickly gain market share.
Learn more about why College Hunks Hauling Junk and Movingis the best junk removal franchise
If you’d like to find out more about how College Hunks strives to be the best moving franchise to invest in, pleasefill out a form and start a conversation. We look forward to answering your questions.