TWO MEN AND A TRUCK is one of just 50 franchises to be recognized for strong financial performance and high franchisee satisfaction based on a survey of nearly 38,000 franchise owners.
Headquartered in Lansing Michigan, TWO MEN AND A TRUCK is a national, full-service franchised moving company with each franchise being independently owned and operated. TWO MEN AND A TRUCK offers customers comprehensive home and business relocation, packing and unpacking, storage, and junk removal services. With more than 430 locations and 3,000 trucks operating in 47 U.S. states in addition to Canada, Ireland, and the UK the moving company is always aiming to move people forward.
Franchise Business Review, a research firm that performs independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes annual rankings of the top franchises in its Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.
To identify the award-winning companies on the list of this year’s Most Profitable Franchises, Franchise Business Review analyzed data from nearly 38,000 franchise owners representing 385 brands regarding their overall satisfaction with their brand and their likelihood to recommend it to others. Other factors include annual income of franchise owners and minimum startup capital requirement.
“Owner satisfaction, profitability, and long-term return on your investment are three of the most critical factors anyone should consider before investing in any franchise business,” said Eric Stites, founder and CEO of Franchise Business Review. “If you take the time to do your research, you have a much better chance of finding a franchise that offers both a strong financial opportunity, as well as extremely high satisfaction among their franchise owners. Our goal is to assist prospective franchise owners by providing an independent rating of franchise opportunities based on feedback from current franchisees. The companies on the list of the Most Profitable Franchises offer a better than average shot at growing your income and received the highest ratings on our independent franchisee satisfaction survey.”
TWO MEN AND A TRUCK franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity. TWO MEN AND A TRUCK’s survey data showed the following:
-Financial opportunity was rated very good with subcategories like total investment, financial picture and long-term growth ranked very good.
-Long-term growth is rated moderate to very strong by 98% of franchisees.
-99% of franchisees are likely to recommend TWO MEN AND A TRUCK to others which is +18% higher than Franchise Business Review’s overall industry benchmark.
“We continue to work in close collaboration with our franchisees to maximize the current revenue streams, as well as work to find additional opportunities for them to expand their services within their current territories,” said Franchise Compliance Director Pam Batten. “Our VALUE FLEX® interstate option for smaller long-distance moves continues to grow as not only additional sales for them, but also to service customers that we were not previously reaching. Storage is another huge opportunity for growth in our system. Many have invested in new building spaces to offer their customers the option for storage, which also gives them that additional revenue opportunity.”
Visit www.FranchiseBusinessReview.com to see the full description of the 2023 Most Profitable Franchises.