-Written by Erik Sargent
For those looking for a new business opportunity, there’s much that goes into the decision making process of deciding where to invest your money, how to build yourself up, and most importantly – how to make money and get a return on the investment.
Some choose the route of starting their own business, but this comes with a tremendous amount of obstacles, from building up your own brand to establishing a product or service people want to use. A method of business ownership that often gets overlook but provides a tremendous chance for success is franchising, particularly when opening a moving company franchise with a company like TWO MEN AND A TRUCK®.
Although franchising can be a lucrative business option, there is often skepticism from people who aren’t familiar with the concept. The most important aspect of opening a moving company franchise is buying into a recognizable brand, and at TWO MEN AND A TRUCK, that is exactly what you’re doing.
“The TWO MEN AND A TRUCK brand is proven. When you buy into a brand like ours, you not only get the system, processes, and marketing that comes with it, you also get the network of business owners that have already grown their multi-million dollar operations and are willing to share what they have learned,” said TWO MEN AND A TRUCK Co-CEO Jon Nobis. “No matter what franchise model you choose, find a brand that is going to lead its industry into the future. At TWO MEN AND A TRUCK, that is exactly what we are doing together with our franchise partners.”
One common franchising objection that’s discussed is the freedom you have to work as a franchise owner. People might feel like the franchisor will be in complete control, but at TWO MEN AND A TRUCK®, you have the flexibility to work in the parameters of our established brand. At the end of the day, the core of your business falls on your shoulders.
To add on to the flexibility you’re given within our brand, you’re given an extensive support system that features a team of subject matter experts from TWO MEN AND A TRUCK’s Home Office location, and a strong network of other franchisees with varying business backgrounds to bounce ideas off.
“I don’t think you can put a price on the assistance they gave us,” said Steve West, a multi-unit franchisee at the TWO MEN AND A TRUCK Sioux Falls, S.D., and Portland, ME., locations. “I can probably name 15 different people that have helped us through the process and that makes it so much easier. You’ve got so much on your mind, and it’s so stressful getting into something new. Having that support – you can’t put a price on it.”
Another common objection to starting a franchised moving company franchise versus your own business is the fees. While there is a franchise fee for purchasing a TWO MEN AND A TRUCK franchise, it should be viewed as more of an investment with an incredible opportunity that will pay itself off.
Franchise costs typically run from $95,000 and upwards of $600,000, based upon several variables, with a requirement of $190,000 in liquid assets and $400,000 in net worth.
Fifty seven percent of our franchisees own one location, but 23 percent own two franchises, and 20 percent of own three or more franchise locations. As a system, we have posted 93 months of consecutive growth across all of our 350 plus locations in the United States, and we’re up 11.4 percent in year-to-date revenue.
With more than 6.5 million moves as a system and completing over 2.5 moves per minute, we have used the combination of our strong brand name and outstanding customer service reputation to continue finding ways to better serve our customers.
This creates a win-win situation for people looking for franchising opportunities, and allows them the flexibility to work as their own business owner inside the parameters of an already established brand.
“I think it’s the brand and the strength of the brand,” West said. “You look at different franchise opportunities and you look at TWO MEN AND A TRUCK – I think a lot of people get involved in this because you see how strong that brand is, and you see how successful the locations have been. The return on investment is unlimited – what you put into it is what you’ll get out of it.”
Interested in starting your moving company franchise with TWO MEN AND A TRUCK? We have multiple territories available! To find out more about how you can get started with the “Movers Who Care®”, click here.
TWO MEN AND A TRUCK® is the first and largest franchised moving company in the United States. Let us help move you forward! For more helpful tips and information on moving services subscribe to our blog and like us on Facebook.