TWO MEN AND A TRUCK is one of just 35 franchise companies to be recognized for strong financial performance and high franchisee satisfaction.
TWO MEN AND A TRUCK® was identified by independent research firm, Franchise Business Review, as being one of just 35 franchise brands to be named an award-winning franchise in its 2020 report on the Most Profitable Franchises.
Headquartered in Michigan, TWO MEN AND A TRUCK is the largest franchised moving company in North America with each franchise being independently owned and operated. Currently, there are more than 380 locations and 3,000 trucks operating in 44 U.S. states in addition to Canada, Ireland, and the UK. TWO MEN AND A TRUCK has performed more than 8 million moves since its inception in 1985 and has seen consistent growth dating back to December 2009.
Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction, provides the only ranking of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.
To identify the companies on the list of the most profitable franchises, Franchise Business Review analyzed data from over 28,000 franchise owners, representing nearly 300 brands regarding their overall satisfaction with their brands and their likelihood to recommend them to others.
TWO MEN AND A TRUCK franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity. Other factors included annual income of franchise owners and minimum startup capital requirement.
“Owner satisfaction, profitability, and long-term return on your investment are three of the most critical factors anyone should consider before investing in any franchise business. While there are thousands of franchise companies you could invest in, two-thirds of those franchise businesses are simply average or below average investments,” said Eric Stites, CEO of Franchise Business Review. “Our goal is to help prospective business owners understand which franchises offer both a strong financial opportunity, as well as extremely high satisfaction among their current franchise owners. The 35 companies on the list of the Most Profitable Franchises received the highest ratings from the franchisees who own them on our independent satisfaction survey.”
TWO MEN AND A TRUCK’s survey data along with franchise owner satisfaction and financial performance earned the brand a spot with 34 other franchise brands that offer a strong financial opportunity and high franchisee satisfaction.