Starting a franchised moving business can be a rewarding and profitable investment, as you open the doors for customers in your area to hire professionally trained movers to handle one of life’s most stressful events.
If you’re interested in starting a moving business, there are plenty of different factors you’ll need to know before you launch your new location, including startup costs, franchising fees, what level of support you’ll get from the franchisor, revenue streams, and much more.
At TWO MEN AND A TRUCK, we’ve been helping franchisees grow their investment for nearly 40 years with more than 400 locations across the United States, Canada, Ireland, and the United Kingdom. We’re committed to providing diversified revenue streams, a brand name people trust, and support to all franchisees and their teams so they can achieve success.
Here are a few things you’ll want to know about starting a franchise moving business.!
Is a moving business profitable?
Yes! The average annual gross sales across the TWO MEN AND A TRUCK® network is $3.2 million, which shows how we’re able to increase revenue for franchises every year through our expert moving services. This also allows franchises to continue investing in additional resources for their locations in order to serve more customers.
What are the costs and other startup requirements?
For a metro TWO MEN AND A TRUCK franchise market, the average cost runs between $164,000 and $435,600 thousand, and for our mod markets, the costs run between $105,00 and $242,100. As it is with any franchise moving business, you’ll need to have assets on hand when you open the doors to your location, and we require new openings to have two trucks, a dedicated building, and a minimum of $,8000 invested into professional moving equipment.
Would it make more sense to start my own moving business or join a franchise?
We’ve already highlighted some of the benefits of joining a franchise moving business above, but there are still plenty of other things to consider. If you start your own moving business, you are starting from scratch – you need to develop a customer base, build your reputation, and start all marketing and operations strategies from the ground up.
If you join a franchise moving business like TWO MEN AND A TRUCK, you’re investing into a brand name that is already well-established, something that can’t be overstated in the moving industry. People know our logo and recognize our trucks, and we are often important figures in the communities where we work. This goes a long way in helping customers find your location when they need to hire professional movers.
Similarly, a franchise moving business like TWO MEN AND A TRUCK also has dedicated support teams for every aspect of the moving business so you always have resources on hand to solve any problem or issue that could arise.
If you’re interested in joining the moving business and want to learn more about franchising with TWO MEN AND A TRUCK, click here!
