College Hunks Hauling Junk and Moving Becomes First Franchisor to Accept Cryptocurrencies as Franchise Fee
College HUNKS Hauling Junk and Moving®, an innovative industry leader in hassle-free moving and junk moving solutions, announces that it will now accept Bitcoin and Ethereum as payment for upfront franchise fees. College HUNKS has always prided itself on being tech-savvy, and the adoption of cryptocurrency is a step further in that evolution.
The upfront franchise fee for the combined junk and moving franchises is $ 60,000, which is roughly one bitcoin or roughly 15 ethers today. Both of the leading cryptocurrencies are at all-time highs. In the past 12 months, Bitcoin has appreciated 97.45% in value. Ethereum is up 364.60% over the past 12 months.
“We understand that cryptocurrencies are an acceptable means of payment and we want to lead the franchise industry in this space, starting with our upfront franchise fees,” said Nick Friedman, visionary and co-founder of College HUNKS. “Following the pandemic, College HUNKS has seen exponential growth similar to Bitcoin and Etherium, growing nearly 100% and well on track to top $ 200 million in revenue this year.”
College HUNKS awarded 50 new franchises this year, a record number since it was founded in 2005. The company plans to continue evaluating blockchain and cryptocurrency innovations for a variety of other payment types in the future, including the ability to move customers and remove junk mail. Mails services, employee compensation and has even toured with the idea of developing its own cryptocurrency tokenization, “HunkCoin”, as a form of employee stock options.
This announcement follows the growing number of innovative companies making similar announcements, such as Tesla. Professional athletes, including # 1 NFL draft pick Trevor Lawrence who accepted his entire NFL Signing Bonus of nearly $ 25 million in cryptocurrency, continue to demand payments in cryptocurrency.
“We recognize the financial independence that crytocurrency investments create, and franchising is the ultimate way to ensure that is a lifetime,” says Friedman. “We pride ourselves on being tech-savvy, innovative and disruptive in the moving and garbage disposal industry and the franchise industry as a whole. The franchise industry is the largest job creator in the country, and hopefully this will open up opportunities for a new segment of potential franchise owners looking for ways to diversify their cryptocurrency profits into a positive-impact business. ”
Further information on franchising can be found at: https://www.collegehunkshaulingjunk.com/franchising/
Via college HUNKS transportation of garbage and relocation
College HUNKS Hauling Junk & Moving® was originally founded by two college friends with a battered van and now has more than 150 franchises providing full-service tech-assisted removals for residential and commercial premises, garbage disposal, donation collection and labor services in the USA and Canada. HUNKS stands for Honest, Uniformed, Nice, Knowledgeable, Service, is a socially conscious, values-based organization and has a national partnership with US Hunger, which aims to end hunger in children. For every service the HUNKS provide, two nutritious meals are donated to a needy family or child, and within three years of that partnership, donations have exceeded two million meals. Today, the company seeks to be recognized as an iconic brand known for its world-class corporate culture and service while providing a viable employment and franchise opportunity to pursue personal and professional fulfillment. https://www.collegehunkshaulingjunk.com.