There are plenty of different moving opportunities out there and each provides their own processes and systems for their owners to make a profit.
Two well-known moving options are renting through a UHaul franchise or hiring a professional moving team through a moving franchise like TWO MEN AND A TRUCK®. Both are related to the moving industry but are on different ends of the moving spectrum. TWO MEN AND A TRUCK offers local and long-distance moving, packing and unpacking services, storage, and more to customers, while a UHaul franchise offers truck rentals, trailer rentals, U-box portable storage, and moving supplies. TWO MEN AND A TRUCK offers the service of moving people while a UHaul franchise offers the tools for people to move themselves.
If you’re thinking about investing in a business within the moving industry, here are the differences between the two businesses.
TWO MEN AND A TRUCK Franchise vs. U-Haul Franchise
U-Haul is not a franchisor. Most locations follow a commission-based business model, and the brand focuses on forming partnerships with local businesses. U-Haul owners pay a minimal initial investment and get the tools they need to rent vans and trailers. U-Haul pays, on average, a 21% commission across their product lines.
TWO MEN AND A TRUCK is a franchisor with a proven franchise model that’s grown over the last 35 years. TWO MEN AND A TRUCK franchises nationwide perform 500,000 moves annually, and as a franchisor, offers multiple revenue streams for franchisees with a wide range of service offerings. From packing and unpacking to local and long-distance moving, storage, junk removal, and more – there are plenty of ways to earn revenue as a TWO MEN AND A TRUCK franchisee.
Franchise fees and investment
U-Haul does not offer franchises for sale, so there are no franchise fees to speak of. As mentioned above, UHaul franchise owners pay a minimal dealership investment to get the tools they need to store equipment on their property and run on a commission-based structure.
The initial investment for a TWO MEN AND A TRUCK franchise is between $105,500 and $435,600. The royalty fees are 6% of gross revenue and the franchise fees range from $30,000-$85,000. After you make the investment, you are the sole owner of your TWO MEN AND A TRUCK franchise. It’s your business within the brand.
Training, support, and reputation
For UHaul franchise owners, there are online training classes and field manager guidance, ongoing training and support, and marketing assistance. U-Haul is widely recognized as a truck rental company across the country.
TWO MEN AND A TRUCK franchisees undergo up to 64 hours of training before opening their locations to learn the ropes of the industry, and from there receive ongoing training and support – as well as marketing assistance and support in all areas of the business from the subject matter experts at our Michigan Support Center in Lansing, Michigan. Known as the “Movers Who Care” with a customer-service-focused reputation within the moving industry, at TWO MEN AND A TRUCK we’re proud of our 96% customer referral rate and commitment to exceed customers’ expectations.
If you’re interested in franchising with TWO MEN AND A TRUCK and want to learn more about how your investment can turn into a successful moving operation, click here!
