College HUNKS is on The Move with Record Number of New Location Openings
America is on the move and so is College HUNKS! There is no surprise that from 2020-2021 Americans moved residences by the millions in what analysts call The Great Relocation. Despite the COVID-19 pandemic, the moving industry remained an essential service resulting in a 5.4% industry revenue increase in 2021. As things normalize and the workforce becomes more mobilized with remote and work from anywhere options, the demand for moving and junk hauling services continues to rise. College HUNKS Hauling Junk & Moving® has experienced extraordinary growth in 2021 while helping Americans through the moving demand. As a result, College HUNKS is set to open 50 new locations—with a record 21 locations pre-opened in October 2021. This growth creates more opportunities for new franchise partnerships.
Here are some reasons you should take advantage of College HUNKS’ growth as a franchise owner.
Trends in the Moving and Junk Hauling Industry
The junk hauling and moving industry is a $10 billion industry and is estimated to grow to $80 billion over the next five years. Changes in the mobilization of jobs are not limited to residential moves, as business and commercial moves have also increased, downsizing office space due to smaller in-person staff, or relocating out of state for business-friendly policies and tax breaks. In addition to relocations, many residential and commercial moves involve purging unnecessary furniture, office equipment, and personal belongings, resulting in a surge of junk hauling services within the moving industry.
Franchise vs. New Business
A shift in the ideas of traditional work and conditions in the workforce has led many to explore business ownership as an income option. A record 1.4 million applications to start new businesses were filed in 2021 alone, making it a historic high for any year. A business start-up is risky and according to the SBA with half of the new businesses closing within the first two years of opening, franchising has become a highly sought-after alternative to opening a new business. Attracted to its ready-to-launch model, ongoing support, and structured system, women are buying franchises at a higher rate than men, while veterans now make up 14% of franchise owners accounting for an estimated 66,000 franchises in the U.S. Why are entrepreneurs choosing franchises? Franchises offer stability within business ownership. Assistance and mentorship are inclusive of a franchise agreement. The burden of creating marketing material, campaigns, and developing a business plan is removed as these key steps are mapped out for you—factors that many start-ups struggle with in successfully opening and operating a business.
New Franchise Locations Opening
Growth equals new opportunities. College HUNKS has made tremendous strides in the moving and junk hauling industry. Recently named 2020 Top Growth Franchise with the most explosive growth over the past 3 years by Entrepreneur, and Top 2020 Fastest-Growing Logistics & Transportation Companies In America by Inc. 5000, College HUNKS is continuing expansion with no signs of slowing down. In 2020 alone, College HUNKS franchise partners earned an average of $1.31 million in revenue.
Dana Hansen, College HUNKS Hauling Junk & Moving Director of Franchise Development, recently shared, “Since 2018, each year we’ve added a record high number of new franchise owners to our franchise family. After a record year with 40 in 2020, we’re on track to add around 50 new owners this year. That’s exciting but the most exciting thing is seeing these new locations perform with records being broken on a regular basis. 2022 promises to be exciting as we continue to expand in the western U.S. where we have over 80 prime territories available in California alone!”
Here are a few cities College HUNKS is breaking ground in with over 300 untapped territories still available:
- Levittown, PA
- Lafayette, LA
- Carlsbad, CA
- Boise, ID
- Houston Central, TX
- Gainesville, GA
- Happy Valley (Portland), OR
- Des Moines, IA
- Fayetteville, AR
- St. Louis, MO
- Columbia, SC
- Tulsa, OK
- Madison, WI
- Miami, FL
- Knoxville, TN
- Ft. Worth SE, TX
- Seattle, WA
- Fresno, CA
- Gainesville, FL
- Dallas (Garland), TX
- San Diego, CA
- Green Bay, WI
Benefits of Owning a College HUNKS Franchise
Demand and competition in the moving industry can be overwhelming. A seamless system and 5-star customer service is the key element that sets College HUNKS apart from our competition. College HUNKS (standing for Honest, Uniformed, Nice, Knowledgeable, Service) provides the service customers don’t expect from a moving company but always hope for. As a top-rated franchise, that same dedication to our customers pours into the support we provide to our franchise partners.
When you become a College HUNKS franchise owner you can expect:
- Comprehensive training and ongoing business and marketing support
- Nationwide brand recognition as seen in publications and TV shows such as Shark Tank, The Playbook, Entrepreneur, and more
- Professional call center and great website to serve customers and generate leads
- Proprietary HUNKware technology to run your business in the office or on the go via an app
- Catchy brand and top-notch marketing
- A recession- and pandemic-resistant business model in a booming industry
- Veteran-friendly business – Entrepreneur named College HUNKS a 2021 Top Franchise For Veterans
- Affordable franchise investment – Entrepreneur named College HUNKS a 2021 Top Low-Cost Franchise
- A culture of community
- And more
At College HUNKS, we are excited about our brand’s expansion and are looking forward to helping business-minded individuals become franchise partners. Contact us to learn more about College HUNKS franchise opportunities in your city.