Two Men and a Truck vs Velocity Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Two Men and a Truck vs Velocity Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Two Men and a Truck Franchise
Velocity Express Franchise
Investment $100,000 - $595,000N/A
Franchise Fee $30,000 - $85,000N/A
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 1985-
Year Franchised 1989-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $5K-


Business Experience Requirements
 
Two Men and a Truck Franchise
Velocity Express Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Two Men and a Truck Franchise
    Velocity Express Franchise
      In-House/3rd PartyIn-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
     
    Two Men and a Truck Franchise
    Velocity Express Franchise
    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)

    		-

    Expansion Plans
     
    Two Men and a Truck Franchise
    Velocity Express Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Two Men and a Truck

    The award-winning and nationally-ranked TWO MEN AND A TRUCK is a customer-centric franchise system which offers a complete range of home and business moving services, packing and unpacking services, as well as selling a complete line of boxes and packing supplies. The growth in locations (nearly 250) and trucks (1,400) across the nation and abroad is a testament to the fact that a moving franchise is recession-proof and is a contributor to the economy's job creation (3,500 movers).
    We offer the following:
    *A proven operating system including user-friendly management software
    *Comprehensive training program for franchisees and frontline staff including initial and ongoing curriculum
    *Performance management tools
    *Ongoing support and sophisticated marketing programs
    *Dynamic website and franchise intranet
    *Brand recognition and federally protected trademark
    *Listed SBA Registry
    Veteran Incentives  10% off franchise fee
    ""     "Top    "Entrepreneur
    #15 in Gator's Top franchises.
    In Franchise Business Reviews Top 200.
    #175 in Franchise 500 for 2020.
    #181 in Franchise 500 for 2021.






    About Velocity Express

    TransForce has purchased Stafford, Texas-based Velocity Express and its subsidiaries, which include 80 locations across the US and Western Canada, employing about 2,600 staff and independent contractors. Velocity provides same-day regional delivery services.