Two Men and A Truck Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$50,000
Investment required
$107,000 - $539,000
Two Men and a Truck: Redefining Excellence in Moving Services
Two Men and a Truck is a prominent franchise specializing in both local and long-distance moving services. Established in 1985 and headquartered in Lansing, Michigan, the company began franchising in 1989 and has since expanded to hundreds of locations across the U.S. and beyond.
The franchise's success is rooted in a simple yet effective business model, emphasizing customer service and employee development as key priorities.
Movers and drivers undergo rigorous training to ensure each move is conducted with professionalism and care, earning the company consistently high customer satisfaction ratings. This dedication to quality service has solidified Two Men and a Truck's reputation in the highly competitive moving industry.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Two Men and a Truck offers 2 types of franchises:
| Franchise |
Initial Investment Range |
| Metro Market Franchise |
$165,700 to $538,700 |
| Mod Market Franchise |
$107,100 to $270,000 |
We are summarizing below the main costs associated with opening a Two Men and a Truck Metro Market Franchise. For more information on costs required to start a Two Men and a Truck franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure |
Amount (Low – High) |
| Initial Franchise Fee |
$50,000 – $165,000 |
| Lease Security Deposit |
$2,400 – $24,000 |
| Leasehold Improvements |
$3,000 – $4,000 |
| Miscellaneous Startup Expenses |
$8,000 – $25,000 |
| Insurance and Risk Management |
$25,000 – $43,000 |
| Licensing Requirements |
$500 – $20,000 |
| Legal and Accounting Fees |
$2,500 – $7,500 |
| Trucks |
$3,200 – $49,500 |
| Office/Mobile Technology Costs |
$16,000 – $24,000 |
| Initial Marketing Expenses |
$20,000 – $40,000 |
| Storage Service Expenses |
$0 – $30,000 |
| Pre-Opening Training Costs |
$2,500 – $6,000 |
| Additional Funds – 3 Months |
$32,600 – $100,700 |
| Total Estimated Initial Investment |
$165,700 – $538,700 |
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Franchise Disclosure Document
Training
The franchisor, Two Men and a Truck SPE LLC, provides a structured training program to franchisees, which includes the following elements:
- Initial Training: Franchisees and their designated representatives, typically a general manager, must attend and successfully complete the initial training program. This training may be delivered in-person, virtually, or a combination of both. For new franchises, the individual managing the franchise must complete this training before the franchise opens for business.
- Ongoing and Performance-Improvement Training: If a franchise's performance is deemed unsatisfactory, the franchisor may require attendance at specific training sessions or visits to other franchise locations for additional guidance. These performance improvement visits and sessions are aimed at addressing and enhancing operational deficiencies.
- Customization Based on Franchisee Needs: The training requirements may vary depending on factors such as the franchisee's experience, the demographics of the marketing area, or whether the location is in a metropolitan area.
- Additional Training for Expansion: If a franchisee acquires additional franchises, the managing individual for the new franchise must also complete the training program.
- Expenses: While there is no separate charge for the initial training, franchisees are responsible for their own travel, lodging, and other related expenses. Additional attendees beyond the mandated participants may be permitted, subject to franchisor approval, at the franchisee's expense.
- Specialized Training for Specific Markets: For certain franchise models, such as a Mod Market Franchise, on-site training of 3-5 days at an established franchise location may be required.
Territory Protection
Two Men and a Truck provides franchisees with a protected Marketing Area where no other franchisees or company-owned units can operate using the same system. This ensures exclusivity for operations and certain direct marketing activities within the assigned area.
However, the protection is limited to the defined Marketing Area, and franchisees may face competition from other franchisees in neighboring territories or company-owned units outside their zone. This structure balances territorial exclusivity with system-wide growth.
