US removals franchise Two Men And A Truck delivers UK growth
"Movers who care" chain says UK franchisees are outperforming revenue targets of those in established markets in America and Canada
US-headquartered removals chain Two Men And A Truck has seen its franchise model “take-off” in the UK, with news that its British franchisees have matched the growth benchmarks of established franchisees in Canada and America.
Founded in 1980 and launched as a franchise in 1989 by Michigan brothers Brig and Jon Sorber and their mother Mary Sheets, Two Men And A Truck specialises in home removals and has a network of 32 franchises in over 200 locations in the US.
Having only recently started trading in the UK, the brand says results from its annual benchmark survey show that its UK franchise partners have already matched the growth prospects of their American counterparts and, in terms of revenues, have actually outperformed the US average for first-time franchise owners.
One of the key measures of success in the survey is a franchisee’s ability to manage the three major cost categories of direct labour, truck expenses and support staff and to equate these factors to 60% of revenues during the first year. In the first quarter of 2015, UK franchise owners kept these cost categories to 63% of revenue on average.
The chain is currently seeking budding British entrepreneurs to take up its franchise opportunity and claims to offer prospective franchisees “financial success”, “complete training” and “marketing support”.
John Murphy, managing director for Two Men And A Truck in the UK, commented: “In the USA, Two Men And A Truck is a well-established brand with over 30 years trading history to draw on.
“The system has transferred well to the UK and we can expect future growth patterns to follow the US model.”
Find out more about Two Men And A Truck’s UK franchise opportunities here.