Independent research data shows franchisees are highly satisfied with their investment in TWO MEN AND A TRUCK.
TWO MEN AND A TRUCK® was recently named a 2024 top franchise by Franchise Business Review in its report on the Top Recession-Proof Franchises for the fourth year in a row.
“We continue to work in close collaboration with our franchisees to maximize the current revenue streams and find additional opportunities for them to expand their services within their current territories," said Franchise Compliance Director Pam Batten. Our VALUE FLEX® option for smaller, long-distance moves continues to grow additional sales for them while also serving customers 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 gives them that additional revenue opportunity. These areas for diversification continue to provide opportunities for franchises to keep gaining market share and increase our customer base when the real estate market may be slower, or the economy may be seeing a decline.”
Since its inception in 1985, TWO MEN AND A TRUCK, a national full-service franchised moving company with a presence in 48 states in addition to Canada, Ireland, and the U.K., has completed more than 10 million moves and offers customers local and long-distance moving, business relocation, packing and unpacking, storage, and junk removal.(opens in a new window)
More than 35,000 franchisees representing over 365 franchise brands participated in Franchise Business Review’s franchisee satisfaction survey over 18 months. From the research, TWO MEN AND A TRUCK was one of just 50 franchise brands to be identified as a Top Recession-Proof Franchise award winner and featured on the list of the best recession-proof franchises.
TWO MEN AND A TRUCK’s 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, culture, and financial opportunity.
TWO MEN AND A TRUCK’s survey data showed the following:
-The financial opportunity category ranked very good, with subcategories like fees coming in at good and total investment, financial picture, and long-term growth ranking at very good.
-Owner validation, where they would recommend the TWO MEN AND A TRUCK franchise, scored a 92, while owner enjoyment came in at 88.
-Leadership scored a very good ranking, with team culture coming in at excellent and clear vision, involves franchisees, and effective in driving scored as very good.
“While no business is 100% recession-proof, these franchise businesses have demonstrated that they are highly recession-resistant based on historical performance,” said Eric Stites, CEO of Franchise Business Review. “The 50 brands on this year's list have an average owner satisfaction rating of 10-40% higher than the industry benchmark and report 25% higher annual earnings compared to competitors. For people seeking to be their own boss, we recommend you start by researching the recession-proof businesses we identified this year. They have performed well in good times and bad and they demonstrate a strong potential to outperform their competitors during challenging economic times.”
Visit FranchiseBusinessReview.com to see the full list of the Top Franchises of 2024.
