By 2016, College Hunks Hauling Junk net worth had reached an impressive amount of $50 million. It is very impressive considering its modest business capital. This company was established by two friends, Nick Friedman and Omar Soliman back in 2004. The two were still studying in university. They expanded the small business upon graduation and continues growing up until today.
This company helps people moving their belongings from one place to another, short or long distance. It can also help them sending unused items in your home to junk yard for recycling purpose. Whether it is an old appliance, furniture, old mattress, or even hot tub, this company can help you. It also offers to pick up donation from home to nonprofit organizations in the area.
The moving company prides its customer service. It employs friendly workers with good understanding of dealing with important belongings. It provides labor that can be paid hourly to do heavy lifting. Besides, it also helps packing your items safely and unpacking them when arrived at the destination. The company has lowest damage claim rate within this industry.
How much is College Hunks Hauling Junk Net Worth?
Since 2007 began its franchise. It has 100 franchises across United States and Canada and three branches owned by the company. Franchise buyers need to pay from $89,300 to $208,300 as an initial investment to the company. The company will returned half of the amount as a guarantee if business does not perform as the company expected.
In addition to those franchises and branches, it also has another asset: the company’s headquarter. The building is located in Tampa, Florida and measures at 50,000 square-foot. At the time when it was built, it cost around $3 million. It serves as main business operation, call center, and staff training space. Experts predict that College Hunks Hauling Junk net worth will keep growing.