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Below is an in-depth analysis and side-by-side comparison of Two Men and a Truck vs Pax 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 | $171,400 - $239,850 |
Franchise Fee | $30,000 - $85,000 | $150,000 |
Royalty Fee | 6% | 8% |
Advertising Fee | 1% | 1% |
Year Founded | 1985 | 2008 |
Year Franchised | 1989 | 2017 |
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 | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
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 | On-The-Job Training: 65 hours Classroom Training: 53 hours |
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 | Toll-Free Line Online Support Site Selection |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email 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 | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
PAX is a fast-growing transportation provider in a market thirsty for consistent experience across different territories. PAX’s unique franchise model is the first in its industry, allowing us to set ultra-competitive rates and spread faster than other business of our size. Hundreds of commercial airports in the US and many more abroad; we are just starting - a huge untapped opportunity for new franchisees.