College Hunks Hauling Junk

College Hunks Hauling Junk
College Hunks Hauling Junk
Type Private
Industry Junk Removal, Local Moving, Long Distance Moving, Office Relocation, In Home Donation Pickup
Founded In 2004 in Washington, D.C.
Founder(s) Nick Friedman, Omar Soliman
Headquarters Tampa, Florida, U.S.
Number of locations 38 Franchises (2011)
Key people Nick Friedman
President
Omar Soliman
CEO
Revenue US$10,000,000 (2011)
Employees 654 (2011)
Parent 1-800-JUNK-USA
Website www.collegehunkshaulingjunk.com

College Hunks Hauling Junk and College Hunks Moving is a U.S. based junk removal and moving company with headquarters in Tampa, Florida.[1] The company provides junk removal, local and long distance full service moving and office relocation services including in home donation pickup services for non-profit partner organizations. The company became operational in 2005 and began franchising in 2007 [2] and was acquired by 1-800-Junk-USA in 2011.

The company's services are available to both commercial and residential clients, with over 65% of the "junk" collected being donated to charities such as Goodwill Industries, recycled, reused or incinerated as fuel through the Covanta Energy Corporation.[3] As of September 2011, College Hunks Hauling Junk and College Hunks Moving had three company-owned locations and 38 franchised locations in the United States.

Contents

History

College Hunks Hauling Junk began as a summer project in Washington, D.C. by founders Nick Friedman and Omar Soliman. They borrowed a cargo van that belonged to Soliman's mother and used it to haul away peoples unwanted items for a fee.[4] In 2004 while attending The University of Miami, Soliman wrote a business plan for College Hunks Hauling Junk. He entered the plan into the annual Leigh Rothschild Business Plan Contest and ended up winning first place and $10,000.[5] Upon graduating from college Friedman and Soliman decided to start the company on a full scale in Washington, DC. In its first two years, the company hauled away more than 4000 tons of junk, and as of 2010 was hauling away an average of 10,000 tons each year.[6] Soliman and Friedman donated a portion of revenues to College Bound and the College Hunks Hauling Junk and Moving Scholarship Fund.[7] In 2008 the company headquarters moved to Tampa, Florida and in March opened up a call and training center for franchises.

The company was acquired by full-service waste management and recycling company 1-800-Junk-USA in August 2011. The companies continue to operate separately with the same top management teams that were in place prior to the merger. [8]

Media

In September 2008, Friedman and Soliman tried to but failed to secure funding from investors for a new business concept called College Foxes Packing Boxes, a full service packing and professional organizing company.[9] The company attempted to gain an investment of 250k for 25% for the "foxes", on the ABC investment television show Shark Tank.[10] The investors requested equity in the Hunks, and their offer on the Hunks was $1,000,000 for 10%. The show's investors ultimately rejected the offer, except for Robert Herjavec who offered 250K for 50% of the Foxes and 10% of the Hunks which was later rejected. Soliman and Friedman were contestants in the third season premiere of Bravo TVs Millionaire Matchmaker hosted by Patti Stanger. [11] Nate Berkus, host of The Nate Berkus Show on ABC brought Friedman and Soliman with College Hunks team member Kevin Burns to talk about the business, and to present Burns with a prize of $5000 and the 2010 Hunk of the Year award in January 2011.[12]

Friedman and Soliman, with co-author Daylle Deanna Schwartz, published the book Effortless Entrepreneur that describes the events encountered while establishing College Hunks Hauling Junk and provides insight and advice for those starting new ventures.[13] The book, published by Three Rivers Press in September 2010, was named #7 on the National Federation of Independent Business (NFIB) list of the best business books of 2010.[14] The book includes lessons that Soliman and Friedman learned while building College Hunks into a national company that are now principles they follow while running the business.[15]

Awards

The company was the 2004 winner of the Leigh Rothschild Entrepreneurship Competition,[16] won several American Marketing Association awards in 2007[17] and was named Corporate Partner of the Year 2008 by the National Association of Professional Organizers in Washington, DC.[18] After being featured on Oprah's Clean Up Your Messy House Tour in 2008,[19] the company appeared on the Inc magazine's 500 Fastest Growing Companies list in 2009.[20] College Hunks Hauling Junk was ranked #30 on Entrepreneur Magazine's Top 50 New Franchise Rankings in 2009.[21]

References

  1. ^ http://ideamensch.com/nick-friedman/ ideamensch.com "Nick Friedman - Co-Founder of College Hunks Hauling Junk".
  2. ^ Sarah E. Needleman (2011-09-15). "'Hunks' Turn Summer Gig Into Real Business". The Wall Street Journal. http://online.wsj.com/article/SB10001424053111904353504576569034219968882.html. Retrieved 2011-09-21. 
  3. ^ "Great Places to Work: 18 Places Deserving Honorable Mention - Work & Education". washingtonian.com. http://www.washingtonian.com/articles/businesscareers/5547.html. Retrieved 2011-09-19. 
  4. ^ Men at Work, Two Young Entrepreneurs Take Out the Trash in Style;Success Magazine, August/September 2008; Page 28
  5. ^ "Entrepreneurs take home $34,000 in UM Business Plan Competition". bus.miami.edu. http://www.bus.miami.edu/news-and-media/recent-news/entrepreneurship-comp.html. Retrieved 2008-24-04. 
  6. ^ "Local ‘College Hunks Hauling Junk’ celebrates Earth Day". setanchor.com. http://www.setanchor.com/news/2010/apr/21/local-college-hunks-hauling-junk-celebrates-earth-/?print=1. Retrieved 2011-09-20. 
  7. ^ "College Hunks Hauling Junk sells first West Coast franchise". bizjournals.com. http://www.bizjournals.com/washington/stories/2007/08/27/daily26.html?page=all. Retrieved 2011-09-20. 
  8. ^ "Tampa-based College Hunks Hauling Junk merges with 1-800-Junk-USA". Tampabay.com. http://www.tampabay.com/news/business/tampa-based-college-hunks-hauling-junk-bought-by-1-800-junk-usa/1184006. Retrieved 2011-09-21. 
  9. ^ "College Hunks Hauling Junk founders jump in 'Shark Tank'". bizjournals.com. http://www.bizjournals.com/washington/stories/2009/08/03/daily126.html. Retrieved 2011-09-19. 
  10. ^ Tierney Plumb (2009-08-07). "College Hunks Hauling Junk founders jump in 'Shark Tank'". Washington Business Journal. http://www.bizjournals.com/washington/stories/2009/08/03/daily126.html. Retrieved 2011-09-21. 
  11. ^ "The Millionaire Matchmaker Season 3, Episode 1, Omar and Nick". Bravo TV Official Site. http://www.bravotv.com/the-millionaire-matchmaker/season-3/omar-and-nick. Retrieved 2011-09-21. 
  12. ^ "Nate Berkus: Beauty Road Test". The Nate Berkus Show. http://www.thenateshow.com/episodes/detail/beauty-road-test. Retrieved 2011-09-21. 
  13. ^ "College Hunks Hauling Junk teach how to make it big". tampabay.com. http://www.tampabay.com/news/business/workinglife/college-hunks-hauling-junk-teach-how-to-make-it-big/1142625. Retrieved 2011-09-21. 
  14. ^ "The Best Business Books of 2010". nfib.com. http://www.nfib.com/business-resources/business-resources-item?cmsid=55349. Retrieved 2011-09-20. 
  15. ^ Mark Gordon (2010-09-17). "Success Haul". Gulf Coast Business Review. http://www.review.net/section/detail/success-haul/. Retrieved 2011-09-21. 
  16. ^ "University of Miami's School of Business hosts Leigh Rothschild Entrepreneurship Competition (original article printed in the BusinessMiami Magazine, Summer 2004; Page 10.)". Bus.miami.edu. http://www.bus.miami.edu/news-and-media/recent-news/entrepreneurship-comp.html. Retrieved 2011-09-19. 
  17. ^ Kelly, Sean (2007-05-19). "College Hunks Score Big… in Franchise Marketing | EveryJoe". Franchisepick.com. http://www.franchisepick.com/college-hunks-score-big-in-franchise-marketing. Retrieved 2011-09-19. 
  18. ^ Virginia PR News - Arlington, VA, June 13, 2008
  19. ^ "oprah.com". oprah.com. 2008-11-12. http://www.oprah.com/showinfo/Oprahs-Clean-Up-Your-Messy-House-Tour. Retrieved 2011-09-19. 
  20. ^ "6 Companies That Got a Lift From Oprah". Inc.com. http://www.inc.com/ss/6-companies-got-lift-oprah#3. Retrieved 2011-09-19. 
  21. ^ "2009 New Franchise Rankings". Entrepreneur.com. http://www.entrepreneur.com/franchises/rankings/newfranchises-115520/2009,-1.html. Retrieved 2011-09-19. 

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