You might ask yourself, “Why would I want to invest in the moving industry?” When making an investment and opening a business, it’s absolutely important to ensure you are investing in a viable industry. Moving may not be the first industry that comes to mind, but it should be. The moving industry is predicted to grow substantially over the next four years, bringing in more than $17 billion in revenue. Moving is an evolving industry, which creates multiple career opportunities and even more revenue.
The housing market took a negative turn in 2009, but has been back on the rise for the last few years. As this market continues to expand, the amount of people needing moving services does, too. With housing starts and revenue on the rise, the moving industry is a prime investment. Whether a single person, or large family is moving, people are constantly moving into larger homes, downsizing, relocating for a job, and moving into retirement communities.
Just as families grow and expand, so do businesses. With the economy improving, major brands are experiencing growth! This means companies will need to move into larger office spaces, or a moving team to move them out of and into a new space after renovations or office additions. According to CAN Capital Small Business Health Index, 58 percent of small business owners expect growth in 2015. Now is the time to invest in a well-known home and business moving company, TWO MEN AND A TRUCK®!
In fact, TWO MEN AND A TRUCK® completed a business move just last year. We’ve experienced tremendous growth in the last few years and needed to expand our corporate headquarters. After an excess amount of team growth and franchise development expansion, we needed a larger space to accommodate this growth. The company may have had a slight bias, but it’s a pretty safe bet as to what moving service we used.
So, why not invest in TWO MEN AND A TRUCK®? These current trends are expected to grow throughout the upcoming years and will provide a promising future for those who are part of it. In a nut shell, the moving industry will see $15.5 billion in revenue and $805 million in profit, with the expectation of these numbers to rise over the years (IBISWorld, January 2014).
TWO MEN AND A TRUCK® knows all about this growth. We understand the trends. The company ended 2014 with 15.9 percent growth over 2013 and are excited about future growth of the industry and TWO MEN AND A TRUCK®! Why not join us?
For more information on starting your own TWO MEN AND A TRUCK® franchise location and the performance information available to prospective owners, click here.