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- 2021 Franchise 500 Rank
#181 Ranked #175 last year
- Initial investment
$100K - $585K
- Units as of 2021
314 3.6% over 3 years
About Two Men and a Truck
More from Two Men and a Truck
TWO MEN AND A TRUCK is a customer-centric operation offering customers a complete range of home and business moving, packing, and even junk removal services. TWO MEN AND A TRUCK movers are capable of doing as little or as much as customers need.
According to the U.S. Census, on average, 14 percent of the population moves every year. This figure doesn't include business moves or the growing demand for manpower to move a limited number of items within homes and offices. The growth in locations (over 380) and trucks (nearly 3,000) across the nation and abroad is a testament to the fact that a moving franchise is recession-proof and is a contributor to the economy’s job creation (8,000 movers).
TWO MEN AND A TRUCK’s proven system is consistently ranked as a top franchise opportunity by such entities as Franchise Business Review's "Franchise 50," Entrepreneur Magazine's Franchise 500, and Franchise Times Top 200 list.
It's our commitment to providing customers quality service that has helped grow our system and earned us the reputation of being the "Movers Who Care®."
Our franchise system offers:
- A proven operating system including user-friendly management software
- Comprehensive training program for franchisees and frontline staff including initial and ongoing curriculum
- Performance management tools
- Ongoing support and sophisticated marketing programs
- Dynamic website and franchise intranet
- Brand recognition and federally protected trademark
- Listed SBA Registry
TWO MEN AND A TRUCK franchisees come from diverse educational and professional backgrounds and share these attributes:
- Capable of working within systems
- Possess excellent communications skills
- Enjoy working with people
- Effective at delegating
- Share our core values
- Hold a strong desire to grow a business to its full potential
Created in 1985 and offered its first franchise in 1989, TWO MEN AND A TRUCK continues to grow in the U.S. (44 states) and seeks to expand internationally beyond its current franchises in Canada, Ireland and the United Kingdom.
- Franchising Since
- 1989 (32 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following international regions: Europe (Eastern), Europe (Western), Canada
- # of Units
- 314 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Two Men and a Truck franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $30,000 - $85,000
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $100,000 - $585,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $160,000 - $400,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $80,000 - $150,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 5 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Two Men and a Truck has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 49-64 hours
- Additional Training
- Additional training at headquarters for multi-unit franchisees
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Two Men and a Truck landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Two Men and a Truck ranked on other franchise lists? Find out below.
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