MergerPlace

College Hunks Hauling Junk and Moving!

Virginia (Loudoun)


  • Asking Price: $450,000
  • Gross Income: $611,100
  • Cash Flow: $128,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #213218
  • Established: 2014
  • Employees: 0

Business Description

A very successful franchise of College Hunks Hauling Junk is looking to sell part of its territory. The area for sale is Loudoun County and the Western portion of Fairfax County, VA. The current franchisee owns all of Northern Virginia. He is interested in selling 2 of his 5 zones. His current location is in Falls Church and, geographically, Loudoun and Western Fairfax Counties would be optimized by another NoVa office. This offers significant potential for a new owner to step in, set up an office that is in closer proximity to this part of NoVa, and grow the business. College Hunks Hauling Junk is a very well-known and respected moving and junk removal services to both residential and commercial customers.
The NoVa franchise was split off from the location servicing all of Metro DC in 2014. Due to the high demand and the large size of the franchise’s exclusive 5 zones, the seller has decided to sell part of the territory in order to focus on the customers in a smaller geographic territory to maximize revenue in each zip code. The seller is excited to get a new owner in place with the strategic playbook in hand for successfully managing these zones.
The financial information included in this ad is for the entire specific zones that are available for sale. Overall NoVa territory sales in 2018 were over $2,100,000. With the mentorship from the seller, a new owner could realize revenue growth in the territories for sale. This is a unique opportunity to be part of a successful franchise poised perfectly for rapid growth.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Transportation and Warehousing
Location: Virginia
County: Loudoun

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 0

Financial Information

Asking Price: $450,000
Gross Revenue: $611,100
Cash Flow: $128,000
Seller Financing Available: Yes

Property Information

Facilities:

Since the business for sale is franchise territory, a new owner will need to organize an office space to manage the business.

Growth & expansion opportunities:

Growth Opportunities Include: (1) Marketing/Advertising: More concentrated advertising and an independent online and social media presence could easily widen the Company’s clientele base. (2) Loudoun County: Due to the high demand in this area, a new owner will be able to grow the business in this area quickly. (3) New Office Facility with Strategic Location: An office in Northwestern VA would allow for the recruitment of staff members to fulfill the demand in that area.

Competition:

Investment Highlights Include: (1) Large Exclusive Territory with High Demand: Because the customer base is well established, a new owner will have revenue and clients immediately. (2) Brand Recognition: The brand itself is recognizable and is a huge asset for the Company’s franchise partners. (3) Well-Established and Supportive Franchisor: The franchisor provides excellent training and support to franchisees to ensure their success.

Reason for selling:

Selling some franchise zones that are best served via a separate office location in closer proximity to Western Fairfax or Loudoun county.

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Max Friar

Calder Capital, LLC