$2mm Revenue College Hunks Hauling Junk Franchise for Sale in Charlotte, North Carolina

Price: $565,000

Location: Charlotte, North Carolina

Industry: Retail

Listing ID: 42520138

Listing Status: New

Description

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!

LISTING DETAILS

Down Payment: $565,000

Total Sales: $2,100,000

Cash Flow: $188,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

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LISTING OWNER