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Two Men and a Truck Int'l. Inc.

2014 Franchise 500
#167
At a Glance

Products & Services: Moving services

Number of Locations: 235

Total Investment: $178K - $548.5K

Founded: 1985

Began Franchising: 1989

About Two Men and a Truck Int'l. Inc.

Mary Ellen Sheets founded Two Men and a Truck International Inc. in 1985 after her two high-school-age sons left their small moving business behind to attend college. Calls had continued to come in for moving services after their departure, so Sheets took over the business and began franchising in 1989. The Lansing, Michigan-based company is still family-owned and privately held and has locations across the United States.

Franchise Units

Year U.S. Canadian International Company Owned
2014 208 21 5 1
2013 204 22 3 1
2012 200 19 2 1
2011 192 15 2 1
2010 182 11 2 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Mexico, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $178,000 - $548,500
Franchise Fee: $50,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $150,000
Operations
33% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 7. Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 8 days. At franchisee's location: 5 days. Additional training at headquarters for multi-unit franchisees : 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Website, SEO, direct mail

Franchise Ranking History

Franchise 500®: #167 (2014), #147 (2013), #154 (2012), #153 (2011), #197 (2010),
Fastest-Growing: #95 (2010),
America's Top Global: #135 (2013), #123 (2012), #124 (2011), #155 (2010),

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