Finding a job can be a big challenge for recent college graduates, 53.6% of American bachelor’s degree holders under the age of twenty-five were jobless or underemployed last year according to a recent Associated Press report. Rather than wait for the economy to recover, some families are taking charge of the situation by helping their young grads start careers as franchisees.
Recent college graduate Mike Neumayr and his father Ed attended the International Franchise Association’s Annual Convention in February and happened to meet Nick Friedman, co-owner of College Hunks Hauling Junk. While learning more about the company, Ed and Mike realized learned about an opportunity to take over a franchise location in Tempe, Arizona. A moving company that focuses on teamwork and customer service sounded like a perfect business opportunity for Mike.
Father Ed is not new to franchising — he owns a Great Clips franchise in Ahwatukee Foothills, Arizona– so he knows that “finding the right franchise that matches your skills is important for success.” After conducting his own research about the company, Ed decided to purchase the Tempe location with the plan to pass the store on to his son after Mike worked in the business for a while.
The Neumayrs took over the franchise earlier this month and already have bigger plans for the future. They’d like to launch an internship program, teaching college student’s business skills before they graduate.
College Hunks Hauling Junk started with college buddies in Florida moving and hauling junk for people in the neighborhood. Today it’s a national company and one of the largest employers of college students across the country, as well as being a leader in IFA’s VetFran Operation Enduring Opportunity campaign.
To register for IFA’s 2013 Convention and create your own franchise opportunities please click here!