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Below is an in-depth analysis and side-by-side comparison of Two Men and a Truck vs SPS Moving including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $595,000 | $102,500 - $738,450 |
Franchise Fee | $30,000 - $85,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 1% | - |
Year Founded | 1985 | 1994 |
Year Franchised | 1989 | 2000 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 60 hours Classroom Training: 64 hours Additional Training: Additional training at headquarters for multi-unit franchisees | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
SPS Moving is a full-service moving van service. Headquartered in North Ft. Myers, Florida, SPS Moving offers service throughout the eastern United States, is bonded, licensed to provide interstate service and insured. The movers can both package and transport personal belongings as well as commercial equipment and fixtures. Guaranteed price quotes and guaranteed delivery dates are available from SPS Moving along with packaging and moving supplies such as boxes, blankets, packaging materials such as bubble wrap, foam, peanuts and tape. Estate moving and warehouse storage for short-, medium- and long-term needs are available as well. More information and quote requests can be requested on the website.