TWO MEN AND A TRUCK is one of just 75 franchises to be recognized for strong financial performance and high franchisee satisfaction based on a survey of nearly 35,000 franchise owners.
For the fifth year in a row TWO MEN AND A TRUCK® was identified by Franchise Business Review as one of just 75 franchise brands to be named an award-winning franchise in its 2024 report on the Most Profitable Franchises.
With more than 10 million moves since its inception in 1985, TWO MEN AND A TRUCK is a national, full-service franchised moving company with presence in 48 states in addition to Canda, Ireland, and the United Kingdom. The moving company offers local and long-distance moving, business relocation, packing and unpacking, storage and junk removal services through their sister brand, TWO MEN AND A JUK TRUCK®.
To identify the award-winning companies on the list of this year’s Most Profitable Franchises, Franchise Business Review analyzed data from nearly 35,000 franchise owners representing 365 brands regarding their overall satisfaction with their brand and their likelihood to recommend it to others. Other factors include the annual income of franchise owners and minimum startup capital requirement.
“We continue to collaborate closely with our franchisees to find additional revenue and growth opportunities for them to expand their services and gain market share within their current territories,” said Franchise Compliance Director Pam Batten. “We also work with them on system benchmarks and average expenses so they can speak with other franchises excelling in certain areas to gather best practices and feedback to continue growing their revenue and increase their profit margins.”
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 and support, operations, franchisor/franchisee relations, and financial opportunity. TWO MEN AND A TRUCK’s survey data showed the following:
-Financial opportunity scored a very good scoring, with subcategories like fees ranking at good, while total investment, financial picture, and long-term growth scored very good.
-Owner validation scored a 92, while owner enjoyment an 88, and core values where the franchisor cares about success came in at 87.
-The leadership category ranked very good, with subcategories like clear vision, involves franchisees, and effective in driving, came in at very good, and team culture came in as excellent.
Visit www.FranchiseBusinessReview.com to see the full description of the 2024 Most Profitable Franchises.
