COLLEGE HUNKS LOOKING TO ACQUIRE 500 TRUCKS DESPITE SUPPLY CHAIN TRUCK SHORTAGES

 

As brand grows at rapid pace, HUNKS is on the hunt for additional truck suppliers


College HUNKS Hauling Junk & Moving®, an award-winning company and industry leader in stress-free solutions for moving and junk-hauling needs, is on the fast track for growth after coming off a record-breaking year. The full-service moving company is expanding with such speed that it is projected to need more than 500 new trucks to fulfill the needs of its existing and newly signed franchise partners. As the company is trending upward, it faces another growing trend, which is the supply chain shortage, specifically truck purchase availability. 

 

 

“Across industries and populations, people are facing supply chain shortages. We are incredibly thrilled about our growth, but the concern of having to wait more than 12 months to find trucks for our franchises is untenable,” said Roman Cowan, Brand President of College HUNKS. “Trucks are key to our services, as they obviously allow us to transport the materials our customers need moved or removed from their homes or businesses. Without additional trucks, our operations will not be able to keep up with the growing demand. As we welcome more franchise partners to our network, access to trucks will be critical and we are exploring creative ways to help our franchises secure the vehicles needed, because waiting more than a year isn’t an option.” 

 

In 2021, College HUNKS added 50 new franchise locations, including in Arizona, California, Colorado, Florida, Nevada, New Jersey, Oklahoma, Pennsylvania, and Texas. The company operates 170 franchise locations in 38 states. The company also operates in Canada with 24 franchise locations across the provinces of Alberta and Ontario.

 

“The pandemic produced a myriad of issues for companies around the globe. We were incredibly fortunate to actually experience growth during the past couple of years and we are looking forward to continuing with this momentum,” added Cowan. “The supply chain issue is surely one hurdle that is having us work through creative solutions, and we welcome new vendors and partners that will allow us to stay on track and continue to provide our best-in-class services to those with moving and hauling needs.”

 

“We are taking a four-pronged approach to tackling this issue, which includes a mix of 3 short-term tactics, along with a long-term strategy.”


“Though we have been thrilled with our current truck supply partners, this issue has forced us to begin the process of casting a wider net of dealers and suppliers, which will include partnerships with used-trucks dealers” something Cowan says they have never previously done. “Secondly, we will also start the process of directly sourcing satisfactory used-trucks to be delivered to our franchise locations.” Though this pivot made sense for the College HUNKS Brand, Cowan explained that becoming a used truck dealer was never a part of their strategic vision. “Our third short-term pivot will be exploring alternative manufacturers (and truck types) that can meet our needs as we look to get creative around the issue. Finally, in the longer-term, we will explore sourcing new trucks directly from manufacturers as we aim meet our growing needs for trucks.”

 

“We have already got the ball rolling on all four approaches and fully expect to see significant improvement in our truck sourcing procedures while also providing our brand with greater flexibility and preparedness for future potential supply chain complications.”

 

“If you have a moving truck for sale, call us at 833.626.1326 or via our website www.collegehunkshaulingjunk.com – because we are buying,” concluded Cowan. 

 

In January 2022, College HUNKS was featured in the Season 11 premiere of the CBS series UNDERCOVER BOSS. Co-founders Nick Friedman and Omar Soliman both went undercover to examine their company’s operations, and this marked the first time that two bosses were featured in one show. 

 

Veteran Benefits

We offer a $5000 discount on the initial franchise fee for the first zone to all military veterans who have been honorably discharged who are majority owners of the franchise.

For more information, visit www.collegehunkshaulingjunk.com.