LANSING (WWJ) — The Two Men And A Truck franchised moving service Wednesday reported strong gorwth in the first six months of the year, with revenue of $144 million, up 19 percent from a year earlier.
The company says it plans on achieving a total of 400 locations and $750 million in revenue within the next five years while doubling its corporate office team, expanding the headquarters by 25,000 square feet, investing in automation, and increasing its referral rate as close as possible to 100 percent. They currently hold a 96 percent positive referral rate and operate in 36 states.
“Our revenue and earnings figures are very encouraging so far this year,” said Randy Shacka, president of Two Men And A Truck. “As we continue with our objective of achieving the highest level of customer service paired with strategic growth into new markets, we look forward to serving our customers, every day earning our spot as the mover who cares about delivering quality moving experiences.”
Shacka said the brand is aiming to sell a projected 25 units by the end of the year. They have 20 units currently in development and maintain key expansion target markets of Washington D.C., Virginia, Maryland, Texas, Southern California and Portland, Ore., while also eyeing overseas expansion in the future.
“We are committed to our vision and goals and are looking to continue to invest and expand,” said CEO Brig Sorber, one of the original two men of Two Men And A Truck. “We are blessed and have great momentum but we are not sitting still and will continue to make the Two Men experience accessible to more customers. That is why we are diversifying our offering even more and targeting both coasts.”
The company says its startup costs for franchisees range from $173,000 to $578,500 depending on the purchase or lease of a truck fleet. It currently has 243 locations in the United States and 23 in other countries.
To inquire about franchising, visit http://www.twomenandatruckfranchising.com/home.