PhillyJunk, Inc. announced the completed sale of all CleanOutJunk.com operations effective today to a private equity firm based in Chicago, Il. Terms of the all cash transaction were not disclosed. PhillyJunk, Inc. will retain the copyrighted name CleanOutJunk as part of the agreement. The agreement includes all trucks, equipment and customer agreements located within each currently operating city of CleanOutJunk.com. All existing employees will transfer to the new operating company. “We scaled the business and operated it for future sale. We are excited for our former employees future path and our focus turns to continuing to build PhillyJunk.com and further develop our other new businesses, quotes Marty Ingram, President of PhillyJunk, Inc.