Business Category: Franchise, Junk Hauling, and Moving Services
City/Region: Albermarle County
Listing Price: $239,900
Cash Flow: $100,739
Equipment Value: $57,000
***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don’t wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.
Ready to take the reins and be your own boss? Check out this established College Hunks Hauling Junk franchise with a great territory in Virginia. Between 2017 and 2019, the company had a compound annual growth rate of 25%! Despite the pandemic, the Company’s performance has remained strong.
The Company provides junk removal and moving services to residential and commercial customers.
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.
The sellers, having executed their business plan, are ready to pass the business on to the new ownership who can step into an established business on day one.
Opportunities For Growth:
(1) Marketing/Advertising: More rigorous advertising and a stronger online and social media presence could easily widen the Company’s clientele base.
(2) Area Growth: Due to the growing demand for junk removal in this area, a new owner will be able to grow the business in this area quickly and accumulate a stronger customer base.
(3) Additional Untapped Market: The Company has access to a nearby market, which it has not yet even begun to tap.
(1) Fast-Growing Business: The Company grew over 20% in 2018 and 2019. While performance is down slightly due to the pandemic, it remains very well-positioned to regain its growth trajectory.
(2) Turn Key Franchise: The Company is a well-established, fully equipped, and profitable business, saving a new owner from having to start the Company from the ground up.
(3) Exclusive Territory with High Demand: The Company operates in a fantastic location with room for growth.
(4) Brand Recognition: The brand itself is recognizable and is a huge asset for the Company’s franchise partners.
Real Estate Available: For lease
Reason For Sale: The owners are executing on their business plan
Number of Employees: 15