Two Men and a Truck Franchise
Wednesday, April 28, 2010 at 12:17AM Professional moving services and supplies
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.
Start-up Costs & Franchises Fees
What is the total cost to open a Two Men and a Truck Franchises?
Total Cost: $94,300-$351,000 USD
Total Franchise Fees: $32,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $2.5K
Contact Information for Two Men and a Truck
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Two Men and a Truck International Inc. |
Phone Number: (517)394-7210 |
Two Men and a Truck In the Press
No results at this time.Historical Expansion
In what year did Two Men and a Truck begin operations? 1985
When did Two Men and a Truck begin selling franchises? 1989
Year United States Canada International Corporate 2005 134 0 0 5 2004 140 0 0 4 2003 106 0 0 0 2002 116 0 0 0 2001 104 0 0 0
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation
Marketing
Ad slicks, National media
Franchise Operation Restrictions
37% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 7
Absentee ownership of franchise is allowed. (97% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes