A Guide to Investing in a College HUNKS® Franchise | College H.U.N.K.S.® Hauling Junk & Moving
If you are looking into investing in a franchise for your next career move, there are a lot of things to consider. The process of becoming a franchise owner is a big and exciting step, but many people get discouraged when it comes to talk of finances, as they may assume it is too expensive or too large of an investment for them to undertake.
Fortunately, with a College HUNKS® franchise, we have the data to tackle many of these concerns head-on. If you are evaluating a franchise opportunity with us, we can help provide you with all the information necessary to determine if it is the right choice for you.
What Is Required to Invest in a College HUNKS Franchise?
The initial investment in a College HUNKS franchise ranges from $95,700 to $231,200, depending on a few factors including on what market you are interested in, if you are launching the moving and junk hauling concepts simultaneously or if you decide to purchase multiple zones.
This initial investment covers your franchise fees, the recommended working capital and everything else you need to get started.
Most of our franchise owners finance at least a portion of this investment, so it is not a lump sum you have to come up with at once! In general, if you have at least $50,000 in liquid capital (cash, home equity, sellable assets, etc.) and a net worth of $200,000, you are likely qualified to invest in a franchise with us.
Reasons You Can Be Confident in Your Franchise Investment
While investing in a franchise can be a frightening thing, with our franchise system, you can be confident in your expenditure.
Our average franchise revenue grew 113% in the past seven years, jumping by $121,000 in 2019 alone—that is quite promising for franchisees! Furthermore, we are so confident in your potential that we offer a money-back guarantee.
If you work for 18 months as a franchise owner and fail to reach $180,000 in gross sales, you may exit the business and we will refund 50% of your initial franchise fee. You can learn more about this guarantee in Item 5 of our Franchise Disclosure Document when you request more information!
Curious about whether a franchise with us is right for you? Reach out for more information today! Contact us here to learn more.