College Hunks Hauling Junk
This story began with two college buddies hauling junk together. Two guys who became the youngest franchisers in America!
In 2004, Nick Friedman and Omar Soliman were college students, looking to make some summer-vacation money. They realized there was a big demand for de-cluttering home and office space. So they set out to do something about it.
They borrowed an old cargo van and set up a business to sort, move, recycle and dispose of unwanted items. Just one problem: the junk removal business had an image problem. So they came up with a catchy name to give their company some clean cut credibility.
They called it College Hunks Hauling Junk.
Friedman, an economics major, put the concept on paper, and promptly won the University of Miami’s 2004 Rothschild Entrepreneurship Competition for business plans. Beyond the $10,000 prize money, the plan helped when the guys decided to grow their business.
It takes a lot of money to expand. So they decided to franchise their concept using Friedman’s business plan. They also utilized the expertise of people they had at hand – professors and other students. The professors gave them professional business guidance, while fellow students provided everything from marketing to programming at cut-rate cost.
And in 2008, at age 25, the owners became the youngest franchisers in America. In their first two years they hauled more than 4000 tons of junk. Today they have franchisees in more than 50 cities and towns. Using With creative and unique marketing like, “Let tomorrow’s leaders haul your junk today!”
Well haul it they do. Today the founders not only franchise College Hunks Hauling Junk. They also franchise College Hunks Moving — for local moving projects in around college towns. Recently the company was been featured in the reality series Hoarders, as the main clean-up crew helping homeowners remove excessive possessions and garbage.
So how is it all paying off? In 2011, when they were acquired by 1-800-Junk-USA, College Hunks Hauling Junk brought in $10 million.
Definitely a business that’s not in the dumpster.
Nick Friedman and Omar Soliman exemplify an axiom featured on our website: Think unique.
They gave clean-cut credibility to their junk removal business with College Hunks Hauling Junk.
Now Why Didn’t I Think of That?