There are several profitable franchise options out there for investors, and a consistent industry to keep an eye on is within the world of trucking franchises.
There are plenty of different trucking-related franchise opportunities, each offering their own unique spin on one general idea: the transportation of goods. Finding of the trucking business that fits best for you can come down to a variety of different factors, but three of the main trucking businesses include logistics, shipping, or moving-related industries.
All three areas have different pros and cons, and each require different levels of training, investment, and potential customer reach.
Are trucking companies profitable?
The short answer? Yes! With any type of trucking company – whether it’s shipping, logistics, moving, or something else – each offers a unique service to customers where you can get goods or belongings from Point A to Point B without them having to do it on their own.
People will always pay for moving and transportation due to its difficult and stressful nature, and that’s where these franchised trucking businesses thrive.
How do I start my own trucking company?
Like any franchised business venture, there are your standard investment fees, onboarding costs, initial training, and opening period for your franchise.
With a franchised business like TWO MEN AND A TRUCK®, your average startup costs can range anywhere from $100,000 to $585,000 depending on the location of your new franchise, your market size, and the number of trucks you’d like to deploy on opening day.
What are the advantages and disadvantages of each?
This will likely come down to personal preference and your business interests, but every type of trucking company is able to capture different markets of customers. For franchises that offer logistics or shipping, you’re working more with businesses and suppliers on large deals spaced out over time.
For a trucking company like TWO MEN AND A TRUCK centered around home and business moving services, you’re performing moves every single day for customers on a smaller scale, helping them move from one home or business to the next and alleviating the stresses that come along with that.
Why is TWO MEN AND A TRUCK a smart investment for someone who wants to own a truck company?
TWO MEN AND A TRUCK can not only be a profitable franchise investment with a strong opportunity for growth – it can also be a rewarding endeavor, too.
Compared to businesses like transportation and logistics, you’re not getting as much of the personal, local business feel you’d get when you franchise with TWO MEN AND A TRUCK. Each TWO MEN AND A TRUCK franchise is a prominent figure in the community where they operate, helping customers with their home moving needs but also working hard to give back in the community and make a difference. Similarly, TWO MEN AND A TRUCK franchises employ team members from the communities they operate in who which creates a family-friendly, team-oriented environment.
To learn more about how you can invest with TWO MEN AND A TRUCK today, click here!