In any business, it’s important to ensure you’re going to see a positive return on the investment you made.
One avenue that can often lead to a positive ROI is franchising. The best part is you have the ability to buy into a structured business model that’s already established and put your own spin on things. TWO MEN AND A TRUCK® has helped franchisees achieve their dream of business ownership for more than three decades, and this is due in large part to the ability to see a positive return on investment with their franchises.
Diversified revenue streams, a solid customer base, and a brand reputation that spans the country are just a few of the reasons TWO MEN AND A TRUCK franchisees continue to invest in the brand.
What do I need to consider?
There are plenty of things to consider, but a few areas you’ll want to focus on are average annual gross sales and franchisee satisfaction scores.
At TWO MEN AND A TRUCK, the average annual gross sales across the system are $3.2 million, and the highest annual gross sales (single-unit) is $14.6 million. These numbers show there is profit and revenue potential for our franchisees, and moving is an area where there will be a continuous customer base.
Similarly, 91% of TWO MEN AND A TRUCK franchisees said they would invest in the brand again if given the opportunity, showing we’re a strong brand our existing franchisees feel comfortable about investing in.
Diversified revenue streams lead to ROI
As mentioned above, one of the most appealing parts of franchising with TWO MEN AND A TRUCK is the diversified revenue streams franchises can offer customers.
We’re known for local home moving, but can also offer customers long-distance relocation, packing and unpacking services, storage, in-home moving, delivery services, and more. This allows us to be a resource for any moving need and keeps the phones ringing at our franchises with people looking to book services.
Is franchising a good investment?
With any investment opportunity, it’s important to find what matters most to you with an opportunity that aligns best with your personal and professional goals.
Here at TWO MEN AND A TRUCK, we continue to ensure we’re a franchising brand people want to be part of. This starts with diversified service offerings to maximize revenue potential even in the slow season, , improving our technology and marketing strategies, and ensuring we’re ready for anything the real estate or moving industry might throw at us. Recently, we ranked No. 128 on Entrepreneur’s “Franchise 500” list, showing that we back up what we say when it comes to franchising!
If you’re interested in franchising with TWO MEN AND A TRUCK, click here to learn more.
