The moving services brand was ranked the #1 franchise in moving/junk-removal services landing a spot on Entrepreneur’s Franchise 500.
TWO MEN AND A TRUCK® was recently recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first and most comprehensive franchise ranking. For 45 years, the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees. The 2024 Franchise 500® ranks TWO MEN AND A TRUCK at No. 128 which is up from No. 134 last year for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
TWO MEN AND A TRUCK also took first place in the moving/junk-removal services category for the third year in a row.
“We are honored to be named #1 in our Category in the Entrepreneur Franchise 500,” said Franchise Compliance Director Pam Batten. “We strive to make TWO MEN AND A TRUCK a great business opportunity for current and future franchisees. For us to continually place on their Franchise 500 list is very meaningful to our brand, franchisees, and us as the franchisor.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranked order.
“Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” says Jason Feifer, editor in chief of Entrepreneur magazine. “Our 45th annual ranking is full of companies with fresh ideas, exciting business models, cultural sway, and the kind of business sophistication that will define the next 45 years and beyond.”
Over its 45 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. TWO MEN AND A TRUCK’s position on the ranking is a testament to its strength as a franchise opportunity.
To view TWO MEN AND A TRUCK in the full ranking, click here.