College Hunks Hauling Junk Franchise Cost, Revenue & Review 2026
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 – $75K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 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: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $158K – $252K
- 43rd pct Business Serv…
- Avg gross sales
- $1.6M
- 23rd pct Business Serv…
- Royalty
- 7.0%
- 13th pct Business Serv…
- Units
- 165
- 47th 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 avg · 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
- Total investment $158K – $252K including a $55K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $1.6M/year (median $1.1M).
- Verdict D (Below 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).
- System 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
- Ultimate parent
- CHHJ Holdings, LLC (majority owned by Friedman & Soliman Enterprises, LLC)
- 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
- 2025
Can you afford it, and what does the money buy?
Entry cost runs 23% below the typical business services franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 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 2025 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 – $75K
- 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 18% above the business services norm.
Source: FDD 2025 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$218K
14.0% margin
Unlevered ROIC
81%
EBITDA / total invested capital
Payback
15 mo
cash-on-cash, unlevered
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 units
- vs category median 38 · large
- Range (low → high)
- $295K→$10.9M
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
Compared against 356 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 — lower than the category average.
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 averages
How College Hunks Hauling Junk Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 165
- Opened
- N/A
- Last reporting year
- Closed
- 16
- Turnover rate
- 10.1%
- 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
3-year detail · Item 20
- Closed (3yr)
- 16
- Transfers (3yr)
- 11
- Reacquired (3yr)
- 2
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
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%
- 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)
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 2025 · 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 | none |
| 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
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.
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.
Is College Hunks Hauling Junk a good franchise to buy?
FranchiseVerdict rates College Hunks Hauling Junk as a D-grade franchise with a verdict score of 38 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.