Franchise Startup Information

Estimated initial investment range is $210,000 - $394,000 per territory (franchise) which includes the initial franchise fee, working capital and initial truck payments.
The initial franchise fee is $50,000 per new territory or $85,000 for a territory where we have had a prior presence.
Working capital is estimated at $50,000 to $75,000 and necessary to support the business during the start-up period.
Moving trucks and customer service vehicles are typically leased or financed and deposits or down payments are included in the initial investment.
A franchise usually opens with two new moving trucks and a customer service van.

A minimum net worth of $500,000 is required in order to support the required leasing and financing of trucks and equipment.
Net Worth requirements can be relaxed where guarantors are available to assist with truck leasing/financing.

Franchises typically locate a small office in an industrial/commercial area where truck parking and some storage is available. Leased premises become the sales and marketing hub and provide for storage of boxes and other moving supplies. Typical office hours are 8AM to 5PM, Monday through Friday, and 8AM to 1PM on Saturday.

Approximately seven employees to start.
1 – Customer Service Representative – office administration and phone estimates.
3– Drivers – drive, load, pack, etc.
3 – Movers – load, pack, etc.

You would be actively involved in business development which includes in-home estimates, networking and marketing activities with real estate agents and brokers, condo and apartment managers, etc., and general management activities including recruiting, hiring, training, and administration.