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Majic Wheels Corp. Acquires Southwest Florida Franchise of College Hunks Hauling Junk and College Hunks Moving

Date : 04/18/2012 @ 9:00AM
Source : Marketwired
Stock : Majic Wheels Corp. (PN) (MJWL)
Quote : 0.0003  0.0 (0.00%) @ 8:20AM
Majic Wheels Corp. (PN) share price Chart

Majic Wheels Corp. Acquires Southwest Florida Franchise of College Hunks Hauling Junk and College Hunks Moving

Majic Wheels Corp. (PN) (USOTC:MJWL)
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Majic Wheels Corp. (OTCQB: MJWL) (PINKSHEETS: MJWL) (http://www.MJWL.info), a Delaware corporation, announced today its acquisition of the College Hunks Hauling Junk and College Hunks Moving franchises for Southwest Florida, enhancing its business line of roll off dumpster rentals, site work services, construction debris removal, foreclosure cleanup, junk removal and moving services.

"We are very excited with this acquisition which adds equipment, vehicles, a revolutionary customer service approach, a fun company culture, and national brand name recognition -- along with an increase in revenue sources," stated Denise Houghtaling, CEO of Majic Wheels Corp. Majic Wheels will operate the College Hunks franchise through its wholly owned subsidiary MW Hauling & Moving, Inc., a Florida corporation.

"The national College Hunks brand is the largest and fastest growing US-based hauling and moving franchise organization, which also operates 1-800-JUNK-USA, a privately held full-service waste management, recycling and logistics company. We believe that the Majic Wheels organization is a perfect fit for the College Hunks franchise network because of their expertise in the roll-off industry. It will not only enhance our brand in Southwest Florida, but also give us an opportunity to possibly expand our service offerings nationally down the road," states Nick Friedman, President and Co-Founder of College Hunks Hauling Junk and College Hunks Moving.

About College Hunks Hauling Junk and College Hunks Moving

Since 2005, College Hunks Hauling Junk and College Hunks Moving has gone from one single location, to over forty franchises serving 32 major metropolitan markets, doubling their numbers in each of the last two years, and being named to the INC 500 Fastest Growing US Companies. College Hunks is often featured in the national media, including appearances on Oprah, Millionaire Matchmaker, Shark Tank, and MSNBC.

About Majic Wheels Corp.

Majic Wheels Corp., a Delaware corporation located in Ft. Myers, Florida, is a rapidly growing company that intends to continue its growth and expansion in major US markets. The Company plans leveraging its operating division and management team to expand into additional major market sectors. The company's waste management and site work division provides services that include roll off dumpster rentals, site work services, construction and foreclosure cleanup and junk removal services.

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