Booming College H.U.N.K.S. Franchise in Excellent Location

Undisclosed Address, Iowa
Business Opportunity for Sale
Catylist Listing ID: 30773699
Property Subtypes: Moving/Storage/Delivery
Building Size (RSF): 2,000 SF
Sale Price: $475,000
Name of Establishment: Booming College H.U.N.K.S. Franchise in Excellent Location
Business Website Address: https://bit.ly/3H6jOeJ
Franchised Business: Yes
Franchise Parent Name: College H.U.N.K.S. Hauling Junk
Year Business Established: 2017
Gross Revenue: $1,726,173 (Annual)
Cash Flow: $269,050 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 11/10/2021

Overview / Comments

This incredibly fast-growing College Hunks Hauling Junk & Moving franchise is a turn-key operation situated in an excellent location. The Business is in the Top 20 producing zones for 2021!

The Business is supported by a national franchise brand, a large and growing territory, as well as strong cash flow and turn-key operations. Over 800 glowing reviews with a 4.8-star rating on Google reflect the team’s excellent service.
The current owner is absentee and does not work in the business on a day-to-day basis. Two full-time operations managers keep the business running smoothly. The owner is seeking to sell the franchise in order to relocate.

College H.U.N.K.S. Hauling Junk & Moving is America’s fastest-growing moving and highest rated junk-hauling franchise. Get behind the national brand that will continue to bring in new business. The demand is gigantic, and the industry overall is still dominated by small, unprofessional outfits that have tiny slices of the market. The Company has had no trouble outdoing their competitors in the area, as the College H.U.N.K.S. brand and reputation stands out even among other national brands.

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Additional Details

Industry Segment: Moving Companies
Reason for Selling: Relocation.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $30,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 1,560/month.
Employee/Labor Description: 2 FT; 15 PT
Mgmt/Training Support Description: Ownership is willing to provide reasonable and customary transition assistance.
Competition/Market Description: (1) Strong Cash Flow: Revenue is up over 50% from 2020 (2) Large and Growing Territory: The Business operates in an exclusive territory with an estimated market of over 800,000 homes. This is twice the size of a typical College H.U.N.K.S territory! (3) Supportive and Recognized Franchisor: The brand itself is recognizable and is a huge asset for the Company’s franchise partners.
Growth/Expansion Opportunities: (1) Full-Time Operator: The current owner only works a part-time schedule. If a full-time operator were to take over this business they would be able to realize the maximum potential of this high-growth company. (2) Add trucks: Over the past twelve months, one of the service lines constituted only approximately 25% of revenues. Ownership believes there is potential to greatly increase the amount of this service provided. (3) Focus on Commercial Accounts: Ownership believes focusing on commercial accounts could provide larger jobs and consequently drive top line growth and higher margins.
Seller Financing Description: Limited seller-financing is available for qualified buyers.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 957 2,033
Median Age: 43.44 39.76
Households: 385 809

Contact

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