TWO MEN AND A TRUCK is an American
franchised
Franchise may refer to:
Business and law
* Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees
* Franchise, a privilege to operate a type of business such as a cable television p ...
moving company, headquartered in
Lansing, Michigan
Lansing () is the capital of the U.S. state of Michigan. It is mostly in Ingham County, although portions of the city extend west into Eaton County and north into Clinton County. The 2020 census placed the city's population at 112,644, making ...
, with franchises in 46 U.S. states, as well as the
United Kingdom,
Canada, and
Ireland. The company is the largest franchised moving company in the United States with more than 350 franchised locations worldwide.
History
The company was founded in the early 1980s by two Lansing brothers, Brig and Jon Sorber. Using an old '66
Ford pickup truck, they performed moves to earn extra spending money. Their mother,
Mary Ellen Sheets Mary Ellen Sheets (born 1940) is the founder of Two Men and a Truck, a moving company
A moving company, removalist or van line is a company that helps people and businesses move their goods from one place to another. It offers all-inclusi ...
, drew the logo for their new company and that stick-figure logo still represents ''Two Men and a Truck'' today. Sheets took over the business when her sons left for college. In 1985, she purchased a truck for $350 and hired a pair of movers. This is the only money Sheets personally invested in the company. A fellow panelist at a university business seminar in 1988 suggested Sheets consider franchising. After further research, the first franchise was awarded in 1989.
Franchising
The initial franchise fee is $50,000; there is also an ongoing royalty of 6% of revenue. As of 2021, there are 292 franchises in the United States, 28 in Canada, and 2 in the UK and Ireland.
Initial investment: Mini-market start-up costs typically run between $100k and $192k and standard market start-up costs run between $179k and $585k depending on several variables including authority fees which vary by state, store location and trucks.
Net worth requirements: Mini market minimum requirements are $80,000 in liquid assets and $160,000 in net worth. Standard marketing area capital requirement is $150,000 in liquid assets and $400,000 in net worth.
References
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Further reading
''Foundations of Business'' Cengage Learning
Cengage Group is an American educational content, technology, and services company for the higher education, K-12, professional, and library markets. It operates in more than 20 countries around the world.(Jun 27, 2014Global Publishing Leaders ...
.
''The Oxford Handbook of Positive Organizational Scholarship'' Oxford University Press. pp. 458– .
''Basic Guide to Exporting'' Government Printing Office. pp. 106–107.
''Becoming a Trustworthy Leader: Psychology and Practice'' Routledge. pp. 165–166.
''Small Business Management'' Cengage Learning. pp. 651– .
''Service Operations Management'' Edward Elgar Publishing
Edward Elgar Publishing is a global publisher of academic books, journals and online resources in the social sciences and law. The company also publishes a social science and law blog with regular contributions from leading scholars.
About
Edwa ...
. p. 193.
External links
''Two Men And A Truck'' ''USA''''Two Men And A Truck UK''''Two Men And A Truck Ireland''
''Two Men And A Truck Canada''
{{DEFAULTSORT:Two Men And A Truck
Companies based in Lansing, Michigan
Transport companies established in 1985
Moving companies of the United States
Franchises
1985 establishments in Michigan