Frequently Asked Questions

TWO MEN AND A TRUCK Headquarters

Frequently asked questions

Frequently Asked Questions

What will be the return on my investment and when can I expect to be profitable?

Your investment has amazing potential! You can expect to see immediate growth and even potential profit in your first year of operation. In the past four years based on the 2018 Franchise Disclosure Document, franchises that had been open for a 12-month period saw an average annual gross sales that exceeded their expenses. Franchises in their first 12 months of operation saw average gross sales of $727,853, while average annual expenses totaled $726,225. By their third year in operation, most franchises experienced major growth, with average gross sales of $1,185,114 and average annual expenses totaling 1,088,928. By their fifth year in operation, average gross sales were $2.2 million with an average of 11% profit. 

The sky is the limit, and many franchises exceed these numbers, with some even hitting a million in gross sales their first year in operation. However, this is all contingent on the team you put in place, training, implementation of TWO MEN AND A TRUCK® best practices and processes, implementation of system resources, and your desire to grow the business.

What are my franchising options and do you provide financing?

There are two franchising options you can choose from. The first is the mini-market model has the minimal financial requirements of $80,000 in liquid assets and $160,000 in net worth. These numbers are designed to ensure that if you need to work with a bank or financial institution for lending, proper collateral can be provided for the business when obtaining a loan. When working through the process, you will develop a budget that estimates your business start-up expenses, insurance costs, licensing requirements, and all things needed to get your business up and running.

For the standard marketing area option, the minimum financial requirements are $150,000 in liquid assets and $400,000 in net worth. These numbers include the same start-up costs as the mini-market franchise, but on a larger scale to allow for more potential growth and a faster ramp up.

Both of these options are reasonable considering the cost of starting up your own business. The most valuable of these expenses is in licensing of the company name, which gives your customers a recognizable brand experience and customer service expectations.

Investment amounts can vary depending on the size of the market, availability, and where you plan to open a location.

How can I be more successful in franchising versus opening my own business?

Opening a franchise has many benefits over starting your own business. One of the biggest advantages is being part of a recognizable brand, allowing you to draw in more customers that are already familiar with the company’s services. Having a respected and proven name can boost your sales, and establish trust between your location and the customer. You will also have an exceptional operating system that is identical across the brand, allowing for comparable sales that can help you determine what you need to be doing to experience business growth. With more than 30 years of business knowledge and intelligence, we can help you in all areas of the business. Having comparable data can assist you with calculating the correct benchmarks and allow you to manage the expenses for your franchise location.

You can also share ideas or seek advice from your peers who have seen success as franchisees in the system. Additionally, contact with your home office business consultant, subject matter experts in all fields, and experienced business teams are factors that will put you on the path to success. 

What should I expect as a franchisee in the moving industry?

Moving is not as simple of an operation as you may think. Moving requires you to hire the best movers, drivers, and office staff to help create and establish a relationship with customers, ensuring the best moving experience possible. A knowledgeable and friendly staff is essential to the process. Customer service is what keeps customers coming back to your business, leaving good reviews and referring you to friends and family. As the franchise owner, you have the most important job of making sure all of your assets move together in a smooth, reliable manner. When all of your employees work together as a team to create the maximum potential for your franchise, your business will flourish!

What do I need to know about trucks?

Your trucks are your employees’ most important asset on the ground level of operations. Moving trucks take quite a beating from the repetitive loading and unloading of customers belonging. It’s crucial to ensure your trucks receive regular maintenance and checks to assure moves are safe for employees and customers’ belongings. Your trucks are moving billboards, and are one of the main business assets that need to constantly be assessed.

What makes TWO MEN AND A TRUCK® a great franchise opportunity?

Here at TWO MEN AND A TRUCK®, a strong team atmosphere has allowed us continue to hit milestones over and over again. With our talent, time, and tools, we continually strive to be the best! We implement business strategies that will keep us ahead of the competition and evaluate key performance indicators in both the franchising industry, as well as those in the moving space. We look at the highs and low of the company, and compare them to benchmarked data points and economic trends. 

Get Started

Speak to a franchise development team member today about this exciting opportunity. We want to ensure this potential partnership meets both of our expectations. We will walk you through more detailed franchise information, have you meet the team at our corporate headquarters, and if you choose to move forward, work with you to get resources in place, leading to a successful experience for everyone.