That is the strongest defensible earnings reference for a College Hunks Hauling Junk owner: the 2026 FDD reports median EBITDA of $44,031 for franchised stores open 13–36 months, $80,289 for stores open 37–60 months, and $137,005 for stores open more than 60 months during 2025. EBITDA is not take-home pay. The FDD measure excludes truck payments, owner compensation, interest, taxes, depreciation, amortization, and other discretionary expenses.
The range above is an official historical Item 19 EBITDA result, not a projection, salary, distribution, after-tax income figure, or guarantee. A buyer’s cash available from the business can be materially lower after truck financing, owner pay, capital expenditures, debt service, and expenses not clearly identified in the Item 19 formula. Actual results also vary by market, service mix, labor productivity, territory count, owner involvement, financing, and execution.
FDD citations are provided by year, Item, and printed page because no matching public PDF was verified on an official franchise-controlled domain.
How much can a College Hunks Hauling Junk owner earn in a year?
The official answer is median EBITDA of roughly $44,000 to $137,000 per franchised store across the three tenure cohorts disclosed for 2025. A more seasoned 60+ month cohort reported average EBITDA of $238,178, but its median was substantially lower at $137,005, so the average should not be treated as the typical result.
The Item 19 population is broad: 144 franchised stores were included, and the overall disclosure covered 149 franchised and affiliate-owned stores, equal to 91% of outlets open for a full 12 months in 2025. The FDD states that the financial information was not audited. Source: 2026 FDD, Item 19, pp. 65–70.
25 franchised stores; average store held one territory.
37 franchised stores; average store held two territories.
82 franchised stores; average store held three territories.
Revenue for 144 franchised locations; not owner earnings.
25 + 37 + 82 stores across the tenure cohorts.
149 of 163 franchised and affiliate outlets open all year.
The official franchise website highlights approximately $1.55 million in average 2025 Gross Revenue. The FDD’s all-franchised-location figure is $1,554,610, but sales must not be read as owner income. The relevant earnings measure is EBITDA after the source-defined operating costs, and even EBITDA remains before several owner-level cash outflows.
How does official EBITDA change as stores mature?
Median EBITDA rises across the disclosed tenure groups, from $44,031 to $80,289 to $137,005. This is official 2025 Item 19 evidence, but it is not a clean same-unit maturation curve because the average number of territories also rises from one to two to three.
Official 2025 EBITDA for franchised-store cohorts; values are per store, not per territory.
Interpretation: Older cohorts reported higher median EBITDA, but they also controlled more territories on average. Source: 2026 FDD, Item 19, pp. 66–68.
| Franchised-store cohort | Median EBITDA | Average EBITDA | Observed low–high |
|---|---|---|---|
| 13–36 months; 25 stores | $44,031 | $56,430 | -$205,172 to $347,523 |
| 37–60 months; 37 stores | $80,289 | $106,225 | -$105,994 to $496,790 |
| 60+ months; 82 stores | $137,005 | $238,178 | -$64,495 to $1,718,741 |
The 144-store population is dominated by combined Junk & Move operations: the FDD’s format table lists 3 junk-only, 3 move-only, and 138 combined franchised locations. The tenure EBITDA table does not separate those formats. It also reports progressively more territories per store, so neither the $137,005 median nor the $238,178 average is a single-territory benchmark.
What share of revenue remained as EBITDA?
Derived EBITDA margins ranged from approximately 6.4% to 9.2% on a median-to-median basis and from 7.7% to 11.9% on an average-to-average basis. These are compatible calculations from the same Item 19 cohorts, not separately reported margins and not personal take-home percentages.
EBITDA divided by compatible Gross Revenue within each 2025 franchised-store cohort.
Interpretation: The wider average-versus-median gap in the 60+ month cohort indicates that high-performing stores lift the average. Formula: EBITDA ÷ Gross Revenue, rounded to one decimal place. Source: derived from 2026 FDD, Item 19, pp. 66–68.
How does owner involvement change the earnings result?
Owner involvement changes what EBITDA means, but the FDD does not provide separate owner-operated and manager-run franchise results. Item 15 requires a Managing Owner and requires either that owner or an approved manager to provide active supervision, including at least 30 hours per week of physical presence.
Active owner-operator
The official EBITDA may function partly as compensation for the owner’s labor because the Item 19 definition excludes owner compensation. It should therefore be viewed as owner-operator benefit, not pure passive business profit, when the owner personally performs management work.
Approved manager-run operation
A manager-run owner must determine whether the manager’s full compensation is already captured in office labor for the relevant store. Residual cash to the owner will also be reduced by truck payments and other omitted or discretionary costs. The FDD does not provide a clean manager-run adjustment.
No separate manager salary has been added to the official EBITDA. Doing so would risk double counting because some reporting stores may already employ managers whose wages appear in office labor. The correct adjustment requires store-level substantiation showing owner compensation, manager payroll, and vehicle financing treatment.
What does the FDD’s EBITDA include and exclude?
The official measure is operating EBITDA, not owner take-home pay. The FDD defines it as Gross Revenue less the disclosed cost-of-service and fixed-cost categories, while explicitly excluding several material owner-level and financing items.
Which recurring fees materially affect owner earnings?
The 2026 FDD requires a 7% royalty, a 2% Brand Development Fee, a 1% Technology Fee subject to a stated annual cap, and 8% local advertising spending, plus Sales & Loyalty Center charges on qualifying booked sales and required bookkeeping fees. Some of these costs are clearly included in Item 19 EBITDA; others need confirmation.
- Continuing Royalty Fee: 7% of Gross Sales in the Designated Territory, with minimum annual royalty provisions by service line and Zone.
- Brand Development Fee: 2% of Gross Sales.
- Technology Fee: 1% of Gross Sales, with a $35,000 annual cap stated as of the FDD date, subject to change or elimination.
- Local advertising: currently 8% of Gross Sales, subject to monthly dollar minimums for junk and moving operations.
- Sales & Loyalty Center appointment fee: 6% of junk-removal Gross Sales and 5% of moving Gross Sales for appointments booked by the center; self-generated and online bookings are treated differently under Item 6.
- ACUTE FS: required bookkeeping services at $380 to $580 per month for typical service levels, with some premium services potentially higher.
Sources: 2026 FDD, Item 6, pp. 9–20, and Item 19, pp. 65–70. Item 7 startup investment is not treated as an annual operating expense.
Why can actual owner earnings differ so widely?
The observed EBITDA range includes losses and very high performers, so a single average is not a reliable forecast. The largest unresolved issue is comparability: stores differ by age, territory count, service format, owner role, vehicle financing, and market, while the FDD does not publish a normalized single-territory, owner-role-adjusted earnings table.
Item 20 also matters. Franchised outlets declined from 186 at the start of 2025 to 159 at year-end. The FDD explains that 11 territories were transferred into existing franchisees’ operations and 16 territories closed. Those outcomes do not invalidate Item 19, but they make closure, transfer, and survivor effects material due-diligence questions. Source: 2026 FDD, Item 20, pp. 74–83.
The rating is high because the current FDD directly reports EBITDA for a broad 144-store franchised population and covers 91% of full-year franchised and affiliate outlets. Confidence in predicting one buyer’s personal income is lower because the disclosure mixes formats, territory counts, owner roles, and financing structures.
What should a buyer verify before using this earnings range?
A buyer should validate the $44,031–$137,005 median EBITDA range against the exact format, territory count, market, vehicle plan, and management structure being considered. The FTC advises buyers to examine sample size, averages versus medians, Gross Sales versus profit, geographic relevance, and written substantiation.
- Request Item 19 written substantiation and reconcile Gross Revenue, cost of service, fixed expenses, and EBITDA for the applicable cohort.
- Ask whether Technology Fees, ACUTE FS, all manager payroll, vehicle leases, and vehicle-loan interest are included in each reported store’s EBITDA.
- Separate one-territory results from multi-territory store results and identify shared overhead across Zones.
- Compare junk-only, move-only, and combined operations rather than relying on the blended population.
- Interview current franchisees in similar markets about owner hours, manager compensation, truck payments, capital expenditures, and cash distributions.
- Interview former franchisees and ask about the 2025 closures, transfers, working-capital needs, and any period without owner draws.
- Obtain anyFDD amendments and updated financial performance information before signing.
What is the most defensible earnings view?
The strongest defensible annual reference is $44,031 to $137,005 in median EBITDA for franchised stores open at least 13 months, with the upper end tied to a 60+ month cohort that averaged three territories per store. This is an official Item 19 operating measure, not personal salary, cash distribution, passive income, or after-tax take-home pay.
The most important earnings driver is the combination of sales scale and cost control across labor, disposal, marketing, office staffing, insurance, and vehicles. The largest unresolved uncertainty is the lack of owner-role, format, territory-normalized, and financing-adjusted results. Before relying on the range, a buyer should reconcile Item 19 substantiation to the proposed operation and confirm the economics through comparable current and former franchisee interviews.
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