Business Category: Franchise, Junk Hauling, Moving Services, and Service Businesses
City/Region: Dupage County
Listing Price: $185,000
Equipment Value: $150,000
Ready to take the reins and be your own boss? Check out this established College Hunks Hauling Junk & Moving franchise with a high-demand territory voted one of America’s Best Places to Live.
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 owners are looking to sell the business for health & family reasons.
*Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to waive all guaranty fees and pay up to the first 3 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.
Opportunities For Growth:
(1) Additional Staff: The Company has experienced high demand, and due to its small team, has not fully been able to meet that demand. Additional hiring would aid the Company in bringing in an increase in revenue.
(2) Stronger Online Presence: More rigorous marketing and advertising, particularly via social media, can boost the Company’s following in the area.
(3) Franchise Support: The Corporate Franchise offers social media marketing and outlines paths for growth. However, current ownership has been reluctant to invest in these resources. For a small additional cost, a new Owner could work more closely with the Corporate Franchise and receive access to resources that will help to grow the Business.
(1) Turn Key Franchise: The Company is well-established and fully equipped, saving a new owner from having to start the Company from the ground up.
(2) Exclusive Territory with High Demand: The Company operates in a fantastic location with room for growth. At this point in time, the Company has not been able to fully meet the demand in the area.
(3) Brand Recognition: The brand itself is recognizable and is a huge asset for the Company’s franchise partners.
(4) Established Franchisor: The Franchisor is a successful company with an excellent business model, and plenty of resources and support available to its Franchisees.
Real Estate Available: Leased
Reason For Sale: Health & Family
Number of Employees: 7