washington.bizjournals.com/washington/stories/2007/08/2 -
[Cached Version]
Published on: 8/29/2007
Last Visited: 8/29/2007
College Hunks Hauling Junk, Nick Friedman, Omar Soliman,
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Nick Friedman, president of the trash removal company, aims to ink two to three more agreements before year's end.The company is currently considering possibilities in Baltimore, Denver and Raleigh, N.C.Ultimately, the business wants to have a presence in every major metropolitan market.
"I think anywhere there's a disposable income for homeowners, there's going to be stuff accumulating in homes," Friedman said, "whether they're in transition or starting to do home improvements and need to get rid of stuff."
College Hunks grew out of a summer gig in 2003, before Friedman and his childhood friend, Omar Soliman, started their senior years at separate out-of-state colleges.
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"That, of course, gave us more confidence and gave us the concept a lot more credibility in our minds," said Friedman.
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Most of the business' clients are married professional women between 45 and 65 years old, Friedman said."In most cases, the husband is a pack-rat," he said, "and the female is the decision-maker and wants to clear stuff out of the basement and garage" to make space or to prepare for home improvements.
College Hunks is also growing its commercial customers, which include property managers, home remodeling contractors and realtors.
In its first year, sales hit $525,000.By the second year, they had doubled to $1.1 million, Friedman said.