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Below is an in-depth analysis and side-by-side comparison of College Hunks Hauling Junk vs 310-DUMP including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $95,700 - $231,200 | $171,000 |
Franchise Fee | $40,000 - $60,000 | $15,000 |
Royalty Fee | 7% | 8% |
Advertising Fee | 2% | - |
Year Founded | 2003 | 1995 |
Year Franchised | 2007 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * A leader who has the desire and passion to build a junk removal and moving services business. * The personality to be a successful franchisee. * The capital to invest in a franchise. * Have fun (this is a collegiate and fun concept). | * A minimum of $76,500 in liquid capital * Be ready to make a full-time commitment. * Have experience in marketing and Sales * Have Management Experience. * Be able to hire, train and coach employees * And be ready to open in the near future. Most of all - Have the Drive to be successful! |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 24 hours Classroom Training: 48 hours | Training time is estimated to be not less than 10 business days including field and class time at our Head Office in Edmonton. Typically only the principal owner plus one more person must attend. |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | Passive/Management franchise: 20% of franchisees have hired General Managers Average # of Employees: 3-5 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | Yes |
International Expansion | No | - |
At COLLEGE HUNKS, we don't hire employees, we empower the future leaders of society.
That's why HUNKS stands for Honest, Uniformed, Nice, Knowledgeable Students.
Overview
College Hunks Hauling Junk and College Hunks Moving is a franchise opportunity unlike any other. It's an established, award-winning business with incredibly rapid growth. The reason for our growth is simple: we focus on the people we serve rather than just the function we perform. We build trust through our clean-cut, considerate and stress-free approach to an otherwise "junk" and stress-filled industry.
Along with junk removal and full service local moving, we also offer labor services, storage solutions, donation pickups, real estate and property management assistance and more. As a full-service, one-stop shop for all moving and junk removal needs, our synergistic approach allows greater cross-selling and bundling, to create a 100% stress-free experience for all of our clients and greater revenue opportunities for all of our franchise partners.
As a B2C and a B2B service company, we operate on the front-lines of customer relations by actually performing our service within the clients' homes, apartments/condos and properties. As a result, we must be incredibly sensitive to the unique circumstances of each individual client. When a client gets evicted, is in the midst of a divorce, or is suffering the recent loss of a loved one, they need to have their belongings moved or removed in a stress-free manner. We provide that.
We also service B2B customers. Our B2C is about 80% of our business and our B2B is about 20% of our business.
We also provide the peace of mind that comes with knowing those possessions will be given a second life or recycled in the most environmentally way possible, as we do with 70% of everything we haul.
Our organization uses four core values to guide decision making, culture and growth:
1. Building Leaders
2. Always Branding
3. Create a Fun, Enthusiastic Environment
NO LONGER FRANCHISING
Trash to Haul... Call us! 310-DUMP is currently offering establishment openings crosswise over Canada. Our reliable business recipe shows a lucrative open door for the opportune individual to open and run an effective, turnkey organization. There are various intense elements empowering the development of our mechanical area * As society turns out to be progressively earth cognizant, less expansive vehicles (trucks, SUV's, and so on) are bought for individual utilize. Accordingly, the need to outsource pulling/moving to experts is on the ascent. * New evaluation information demonstrates that Canadians moving toward retirement are presently the quickest developing statistic in the nation. People born after WW2 are expanding the requirement for waste and garbage evacuation benefits as they cut back and rearrange their lives. * The thoughts of "comfort" and "sparing time" have turned out to be synonymous, as well as profoundly looked for after in our bustling economy. The constantly expanding quest for effectiveness is filling the administration division. Have what it takes? We're granting establishments to competitors who are active and have deals, showcasing, and additionally administration experience, and who are headed to succeed. Some person with regular conceived initiative capacity to manufacture a triumphant group.