College Hunks Hauling Junk/College Hunks Moving Franchise Costs, Fees & FDD

Year Business Began: 2003

Franchising Since: 2007

Headquarters: Tampa, Florida

Estimated Number of Units: 205

Franchise Description: The franchisor is CHHJ Franchising L.L.C. The franchisor is offering franchises for the operation of businesses under the “College Hunks Hauling Junk” and “College Hunks Moving” names which will provide junk removal services and/or moving services, including relocating items from one location to another and/or picking up unwanted items from residential or commercial clients and taking it to the appropriate landfill or transfer station for appropriate disposal or recycling. The franchisor offers standard franchises, “small market” franchises, and conversion franchises.
Training Overview: Before the franchised business’s opening and within 90 days of signing the Franchise Agreement, the franchisor will provide a mandatory training program in the operation of the franchised business to franchisees and one additional person (for a maximum of two people). Approximately five to 15 days of training will be conducted at the franchisor’s headquarters in Tampa, Florida or virtually with additional onsite training at one of the franchisor’s certified training locations or a host location of its choosing. All attendees must complete the training program to the franchisor’s satisfaction. In addition, the franchisor may elect to provide up to five days of additional on-site training during the first three months of operations of the franchised business, and periodically as the franchisor deems necessary. The franchisor also reserves the right to conduct driver safety training program(s) and general safety training program(s), in its sole discretion, at a mutually convenient time. The franchisor will also provide additional training programs, refresher courses or “on-the-job” training at a mutually convenient time. When the franchisor decides to hold it, franchisees or their representative must attend the annual convention. The franchisor may require franchisees to participate in a form of enrichment training if their franchised business is not meeting system standards.

Territory Granted: The franchisor will grant the franchisee a designated territory within which to operate the franchised business, which will include each zone the franchisee purchases during the term of the Franchise Agreement. The franchisor will establish the designated territory and each additional zone the franchisee may purchase based on population, as determined by the most recently published data from the U.S. Census Bureau (or such other source as the franchisor decides to use). It is anticipated that each zone will have a population of approximately between 300,000 and 400,000 people. The franchisor (and any affiliates that it periodically might have) will not establish, nor allow another franchise owner to establish, another franchised business located within the designated territory with certain exceptions.

Obligations and Restrictions: During the entire term of the Franchise Agreement, one of the owners must be designated as the “managing owner,” responsible personally for devoting his or her full time and best efforts to the supervision and operation of the franchised business and to whom the franchisor may give, and from whom the franchisor may receive, direction. Franchisees must identify their managing owner before they sign the Franchise Agreement. The managing owner must complete the initial training program and maintain at least a 51% ownership interest in the franchised business. Franchisees must use the franchised business solely for the operation of College Hunks Hauling Junk and College Hunks Moving, as applicable. Franchisees must keep the franchised business open and in normal operation for the minimum hours and days as specified. Franchisees must operate the franchised business in strict conformity with the methods, standards and specifications the franchisor may require in the operations manual or in writing. Each year during the term of the Franchise Agreement, franchisees must generate a minimum amount of gross sales to meet the minimum annual royalty requirements.

Term of Agreement and Renewal: The length of the initial franchise term is 10 years. Renewal is for an additional 10-year term. To renew, franchisees must sign the then-current form of the Franchise Agreement and satisfy other renewal conditions. The fees and other conditions for any later granting of subsequent renewals will be governed by the form of renewal franchise agreement that franchisees sign.

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or any other obligation.

Estimated Initial Investment

Name of Fee	Low	High
Initial Franchise Fee	$75,000	$75,000
Rent – 3 months	$1,600	$4,500
Lease, Utility and Security Deposits	$2,000	$5,000
Paint and Signage for Service Vehicle	$5,500	$10,000
Down Payment on Service Vehicle	$3,000	$35,000
Equipment and Hand Tools	$2,000	$12,000
Office Equipment and Supplies	$2,000	$7,500
Business Licenses & Permits	$500	$3,000
Professional Fees	$1,000	$2,500
Insurance Deposit	$7,500	$35,000
Training Expense	$2,000	$5,000
Preopening Business Ramp-Up Advertising	$26,000	$36,000
Additional Funds (6 months)	$75,000	$125,000
ESTIMATED TOTAL*	$203,100	$355,500

*Estimated range is for if you acquire both the College Hunks Hauling Junk and the College Hunks Moving concepts. See FDD for single brand initial investment fee estimates.
 
Other Fees

Type of Fee	Amount
Continuing Royalty Fee	7% of gross sales.
Minimum Annual Royalty	Varies depending on year of franchise. Only payable if the total continuing royalty fees paid by franchisees in any year of operations are less than the total minimum annual royalty for that year.
SLC (Call Center) Appointment Fee	6% of gross sales for junk removal appointments booked by the SLC. 5% of gross sales for moving appointments booked by the SLC.
Brand Development Fee	2% of gross sales.
Local Advertising	If franchisees have a moving business, they must spend the greater of $1,500 or 8% of gross sales each month on local advertising. If franchisees have a junk hauling business, they must spend the greater of $1,100 or 8% of gross sales each month on local advertising.
Technology Fee	1% of gross sales.
ACUTE FS	$380 per month to $580 per month depending on the franchisee’s monthly revenue and desired level of service; if franchisees ask the franchisor’s affiliate to provide accounting services outside the scope of its typical accounting services, it may charge them $50 per hour.
Payroll Services Program Fee (Optional)	$299 per month to $2,299 per month depending on the number of employees on the franchisee’s payroll.
Transfer Fee (Franchise Agreement)	$15,000 if franchisees have 1 zone in their franchised business; an additional fee of $5,000 per zone will apply if their franchised business has more than 1 zone.
Renewal Fee	$7,500
Late Renewal Fee	$50 to $100 per day.
Non-Compliance Fee	Up to $10,000 per violation or default.
Initial Training and Additional Personnel Training	No fee for the first two people who attend initial training ($650 per person after the first 2). A per person fee will be determined by the franchisor for additional personnel training and depends on the instructor's fee, travel, lodging, meals and any instructional materials associated with the training topic.
Initial Training ‘No Show’ Fee	If franchisees fail to timely notify the franchisor of their inability to attend initial training, the franchisor may charge them a fee of $600 per person.
Refresher Training Program/ Continuing Education	$650
Enrichment Training	$650 per person. Payable if franchisor requires franchisees to participate.
Purchase of Additional Zone	$65,000
Purchase of Additional Fractional Zone	$20,000
Purchase of Additional Concept	$55,000
Interest on Overdue Amounts	18% per annum or highest rate allowed by applicable state law.
Audit	Amount of the deficiency, plus interest; if audit is due to non- reporting or reveals an understatement of 2% or more, then franchisees must pay the amount of the deficiency or $500, whichever is greater, plus the cost of the inspection or audit.
Costs and Attorneys' Fees	Will vary under circumstances.
Indemnification	Will vary under circumstances.
Annual Franchisee Convention (if held)	Currently $750 for the franchised business’s first attendee and $500 for the franchised business’s additional attendees, excluding cost of transportation and lodging.
Liquidated Damages	The franchisee’s average monthly royalties during 12 months prior to termination multiplied by the lesser of (i) 24 or (ii) the remaining number of months in the term.
Insurance	Reimbursement of franchisor’s costs.
Management Fee	$3,000 per month plus expenses.
Additional Principal	$2,500
Mystery Shopper Program	$500 to $1,000 per shop.
Penalty Fee for Sales in Another Franchisee's Designated Territory	Amount equal to 100% of job revenue.
National Account Commission	Varies on case-by-case basis depending on the size of the national account and the scope of services that the franchisor provides in managing or servicing the national account or the national accounts program.
Temporary Zip Codes Leasing Fee	$50 per month.
Resale Assistance Program	3% - 8% of the purchase price of the franchised business.
Holdback Amount for Customer Claims	Varies. Payable if the Franchised Business is expiring, transferring, or terminating.

The above information has been compiled from the FDD of College Hunks Hauling Junk . Year of FDD: 2025.
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