Minimum Annual Royalty – Junk: $8,050 per Zone during 1st year of operations $8,893 per Zone during 2nd year of operations $9,737 per Zone during 3rd year of operations $10,733 per Zone during 4th year of operations $11,270 per Zone during 5th year of operations $11,807 per Zone during 6th year of operations $12,420 per Zone during 7th year of operations $13,033 per Zone during 8th year of operations $13,647 per Zone during 9th year of operations and $14,337 per Zone during 10th year of operations. This is only payable if the total Continuing Royalty Fees paid by you in any year of operations are less than the total Minimum Annual Royalty for that year.Ĥ.Due Date: By February 15 following the end of the calendar year of operations.The amount payable by you is the amount by which the Minimum Annual Royalty exceeds the total Continuing Royalty Fees actually paid by you during that year of operations.Minimum Annual Royalty – Move: $16,100 per Zone during 1st year of operations $17,787 per Zone during 2nd year of operations $19,473 per Zone during 3rd year of operations $21,467 per Zone during 4th year of operations $22,540 per Zone during 5th year of operations $23,613 per Zone during 6th year of operations $24,840 per Zone during 7th year of operations $26,067 per Zone during 8th year of operations $27,293 per Zone during 9th year of operations and $28,673 per Zone during 10th year of operations. You must stop providing Services outside the Designated Territory immediately upon receipt of notice from the franchisor directing you to stop.ģ.

You may not provide Services outside the Designated Territory without the franchisor’s prior written consent.

The franchisor charges a 7% Continuing Royalty Fee for Gross Sales outside your Designated Territory (the “Outside Gross Sales”).

This amount is due on all Gross Sales for Services within your Designated Territory.

Due Date: Payable on the 3rd and 18th days of each month by electronic funds transfer.

Continuing Royalty Fee: 7% of Gross Sales veteran has at least a 51% interest in your Franchised Business during the initial term of the Franchise Agreement, the franchisor will discount the initial franchise fee by $7,500.Ģ.

If you purchase a College Hunks Hauling Junk franchise and a College Hunks Moving franchise concurrently, the initial franchise fee is $65,000 for a standard Zone.

When you sign the Franchise Agreement for either a College Hunks Hauling Junk franchise or a College Hunks Moving franchise, you must pay to the franchisor an initial franchise fee of $45,000 for a standard Zone.

Detailed Information on College Hunks Hauling Junk & Moving’s Initial Franchise Fee, Royalty Fee + 37 Other Fees (Items 5 FDD)ġ.

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