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Below is an in-depth analysis and side-by-side comparison of Two Men and a Truck vs Straight Shot Express 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 | N/A |
Franchise Fee | $30,000 - $85,000 | N/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 |
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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 | * Pre-Approved SBA Financing * Straight Shot Express Brand Name and Logo * Straight Shot Express Operating System * 2-Weeks of Operations Training and Manual * Mapping and Tracking Software * Ongoing Field Support * Marketing and Advertising Programs * Vehicle and Uniform Discounts * Site Selection and Lease Negotiation |
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 | - |
NO LONGER FRANCHISING