College Hunks Hauling Junk Franchise Cost, Revenue & Review 2026
- Investment
- $158K – $252K
- Disclosed sales
- $1.6M
- gross sales, not profit
- SBA charge-off
- 28.6%
- on 161 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
FranchiseVerdict summary · 2026
A College Hunks Hauling Junk franchise requires a total initial investment of $158K – $252K, including a $55K franchise fee and an ongoing 7.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.6M[2]. SBA 7(a) loans show a 28.6% charge-off rate across 161 loans[1]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored8 of 8 headline figures on this page cite a page of the filing.
Overview
- Investment
- $158K – $252K
- 49th pct Business Serv…
- Avg gross sales
- $1.6M
- 16th pct Business Serv…
- Royalty
- 7.0%
- 21st pct Business Serv…
- Units
- 165
- 54th pct Business Serv…
- SBA charge-off
- 28.6%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $158K – $252K including a $55K franchise fee, 7.0% ongoing royalty.
- RETURNSAverage unit revenue of $1.6M/year (median $1.1M).
- RISKVerdict C (Average), verdict score 38/100 (higher is better). SBA loan charge-off rate of 28.6% across 161 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHNegative: net -27 franchised outlets in the latest year (2 opened, 29 closed) (Item 20).
- DECLINESystem contracting at -21.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- CHHJ Franchising L.L.C.
- Parent company
- CHHJ Midco, LLC
- FDD Item 1, page 8 of the 2026 FDD
- Ultimate parent
- CHHJ Holdings, LLC (majority owned by Friedman & Soliman Enterprises, LLC)
- FDD Item 1, page 8 of the 2026 FDD
- CEO title
- Co-Founder and Chief Executive Officer
- Omar A. Soliman
- Incorporated in
- Delaware
- HQ
- 4411 West Tampa Bay Boulevard, Tampa, Florida 33614
Overview
About
Junk removal and moving services for residential and commercial clients, operated under the College Hunks Hauling Junk and College Hunks Moving trademarks.
- CEO
- Omar A. Soliman
- Headquarters
- Florida
- Founded
- 2006
- FDD year
- 2026
Can you afford it, and what does the money buy?
Entry cost runs 54% above the typical business services franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $55K | $55K |
| Working capital (3–6 mo) | $50K | $75K |
| Equipment, build-out, other | $53K | $122K |
| Total initial investment | $158K | $252K |
Source: College Hunks Hauling Junk 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $158K – $252K
- Middle of category vs category
- Liquid capital req'd
- $50K – $75K
- Middle of category vs category
- Franchise fee
- $55K – $55K
- Middle of category vs category
- Royalty
- 7.0%
- typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $15K |
| Renewal fee | $8K |
What do units actually make?
Average unit sales run 127% above the business services norm.
Source: FDD 2026 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for College Hunks Hauling Junk until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$268K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one College Hunks Hauling Junk unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Avg gross sales
- $1.6M
- Per unit, per year
- Median gross sales
- $1.1M
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- historical
- Sample size
- 144 outlets
- vs category median 37 · large
- Range (low → high)
- $295K→$10.9MCited, not corroborated — printed on page 72 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
Compared against 296 Business Services brands
Revenue is 7.6x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $1.6M/year in gross sales. Median is $1.1M — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 7.6x.
Fee burden
7.0% royalty + 2.0% ad fund.
Operator retention
System contracting at -21.3% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Business Services medians
How College Hunks Hauling Junk Compares
Category median of published Business Services brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 165
- Opened
- 2
- Last reporting year
- Closed
- 29
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 17.6%
- Company-owned
- 6
- Corporate units in the system
- % franchised
- 96%
- vs corporate-owned
- Net growth (3-yr)
- -21.3%
- Net unit change over 3 years
- 3-yr CAGR
- -21.3%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 1
- Transferred
- 11
- Reacquired
- 1
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 40 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
139 current owners across 39 states; 39 former (terminated, transferred or not renewed) listed separately.
- TX 14
- FL 13
- GA 10
- IL 7
- CA 6
- MI 6
- VA 6
- CO 5
- NC 5
- CT 4
- MA 4
- OH 4
- +27 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 161
- Loan volume
- $34.2M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 28.6%
- on 161 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 71.4%
- 5-yr charge-off
- 42.3%
- Loans approved 2021+
- Active lenders
- 31
- Defaults
- 16
- Typical loan rate
- 8.1%
- avg rate to borrowers
- vs industry
- N/A
- NAICS 4842
- Jobs supported
- 2,059
- 7.2 per loan
- Lender concentration
- 35%
- top lender's share
Borrower mix: 0% went to startups / new businesses, 100% to established operators
Vintage analysis
College Hunks Hauling Junk charge-off rate by loan vintage
Top lenders financing College Hunks Hauling Junk franchisees
Showing 3 of 31 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
A 28.6% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 28.6% — 79% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Subject: the franchisor is a named party (plaintiff).
Franchisor filed suit against a former franchisee (CHHJ Franchising, L.L.C. v. J Bates LLC et al, M.D. Fla., Case No. 8:25-cv-00490, filed Feb 28, 2025) for breach of contract, trademark infringement, unfair competition, false designation of origin, and injunctive relief arising from violation of post-term non-competition provisions.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | No territory protection |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory sizeℹ | 300,000 to 400,000 population (standard Zone); 5,000 to 299,999 population (small market Zone) |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 1 |
View Item 3 litigation summary
Franchisor filed suit against a former franchisee (CHHJ Franchising, L.L.C. v. J Bates LLC et al, M.D. Fla., Case No. 8:25-cv-00490, filed Feb 28, 2025) for breach of contract, trademark infringement, unfair competition, false designation of origin, and injunctive relief arising from violation of post-term non-competition provisions.
Items 10, 11
Training & Operations
- Ongoing training
- Required
- Site selection
- franchisee_with_approval
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
178 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a College Hunks Hauling Junk franchise?
The total investment to open a College Hunks Hauling Junk franchise ranges from $158K – $252K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do College Hunks Hauling Junk franchise owners earn?
According to Item 19 of the College Hunks Hauling Junk FDD, the average gross sales per unit is $1.6M. The median is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns College Hunks Hauling Junk?
College Hunks Hauling Junk is franchised by CHHJ Franchising L.L.C.. Its parent company is CHHJ Midco, LLC. The ultimate parent named in the FDD is CHHJ Holdings, LLC (majority owned by Friedman & Soliman Enterprises, LLC). Source: FDD Item 1, 2026 filing.
What is Item 19 in the College Hunks Hauling Junk FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the College Hunks Hauling Junk FDD and qualifies whose outlets they describe.
What is College Hunks Hauling Junk's franchise failure rate?
Based on SBA 7(a) loan data, College Hunks Hauling Junk has a charge-off rate of 28.6% across 161 loans, meaning 28.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many College Hunks Hauling Junk franchise locations are there?
As of their most recent FDD filing, College Hunks Hauling Junk has 165 total units in the United States, including 159 franchised units and 6 company-owned units. 2 new units were opened in the latest reporting year.
Is College Hunks Hauling Junk a good franchise to buy?
FranchiseVerdict rates College Hunks Hauling Junk as a C-grade franchise with a verdict score of 38 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.