Franchising can be a profitable and rewarding experience for business ownership, particularly when you choose to invest in a moving company franchise.
There are many moving company franchises out there you could choose to invest in, and two popular options include TWO MEN AND A TRUCK® and College HUNKS Hauling Junk. Both are recognizable brand names in the moving space and have locations across the United States. TWO MEN AND A TRUCK has been around for nearly 20 years longer, but each has a different style and operational layout for potential franchisees to look into.
If you’re thinking about investing a moving industry franchise, here are some of the differences between a TWO MEN AND A TRUCK and College HUNKS franchise.
Financials: Franchise Fees, Royalty Fees, and Initial Investments
When looking at the costs involved with each, you’ll find TWO MEN AND A TRUCK costs slightly less from an investment fee and royalty stand point than a College HUNKS franchise.
TWO MEN AND A TRUCK
- Franchise Fee: $30,000-$85,000
- Total Initial Investment: $105,500-$435,600
- Royalty Fee: 6% of gross sales
- Ad Royalty Fees: 1% of gross sales
College HUNKS
- Franchise Fee: $45,000-$65,000
- Total Initial Investment: $158,700-$288,500
- Royalty Fee: 7% of gross sales
- Ad Royalty Fees: Varies
Training and Reputation
TWO MEN AND A TRUCK has initial training for franchisees that totals nearly 64 hours, as well as ongoing training and support and marketing assistance from the Michigan Support Center office in Lansing, Michigan. TWO MEN AND A TRUCK is known for excellent customer service and professional movers.
College HUNKS offers 23.5 hours of classroom training and six hours of field training for new franchisees. Their brand is widely known for moving and junk hauling with a strong online presence.
What Sets Them Apart?
College HUNKS does not have a national advertising cooperative to promote the brand, and franchise owners are required to allocate funds for local marketing. A nationwide call center makes it simple for franchise owners to generate leads for their business.
TWO MEN AND A TRUCK has a comprehensive advertising strategy to help owners gain a foothold in their local areas. As part of ServiceMasterBrands, TWO MEN AND A TRUCK has the support of a major player in the franchising industry.
Interested in franchising with TWO MEN AND A TRUCK? Click here to see our options and learn how it can become a profitable business opportunity for you!
