$2mm Revenue College Hunks Hauling Junk Franchise

Charlotte, NC
Mecklenburg County

Charlotte NC

Asking Price: Annual Revenue:
$565,000 $2,100,000

Services: Moving & Storage

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RE: $2mm Revenue College Hunks Hauling Junk Franchise Broker: Randy Mitchell

Quick Facts

Asking Price: $565,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $188,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 43
BBN Listing #: 184955287
Broker Reference #: 42520138

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Business Overview:

What do you get when you cross a rapidly growing moving and junk removal service with one of the nation' s fastest growing metro areas? That would be this opportunity to own a $2mm revenue College Hunks Hauling Junk franchise that dominates the Charlotte NC market!

Bonus: the current owner group is semi-absentee!

"America's fastest-growing moving and highest rated junk-hauling franchise", the CHHJ franchise family has grown to 170 locations in the US and Canada. Their systems and processes enable you to work on the business and not in it. Strong brand recognition helps drive revenue. A reputation for quality service brings customers back and leads to word-of-mouth referrals.

This seven year old franchise location of CHHJ has 3 large territories that covers most of the Charlotte area. It has a team of 3 administrative employees, including a general manager; as well as a workforce of 40 strong movers…the muscle behind the service. One of the owners works part-time in the business; while the other two are essentially absentee. The business owns ten vehicles.

Charlotte continues to be a migration destination…the largest city in a state with the third highest in-migration in the twelve months ending Feb 2022 (Axios July 11, 2022). And while many residents are moving in, plenty others are moving up, moving down or moving out. It is an ideal location for a leading business that is all about...moving!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

4,960 +/- sf with parking for trucks also. Ten vehicles, plus misc moving supplies and equipment.

Market Competition and Expansion:

Adding more vehicles could allow a new owner to take greater advantage of the growth in the area.

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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