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Below is an in-depth analysis and side-by-side comparison of Two Men and a Truck vs Nexterus 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 | $87,800 - $124,300 |
Franchise Fee | $30,000 - $85,000 | $45,000 - $60,000 |
Royalty Fee | 6% | 3% |
Advertising Fee | 1% | $100/mo. |
Year Founded | 1985 | - |
Year Franchised | 1989 | - |
Term Of Agreement | 5 years | 5 years ++5+5 |
Term Of Agreement | 5 years | 5 years ++5+5 |
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 | Comprehensive corporate-based and in-territory training Ongoing training and support |
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 | Assistance with local marketing, lead generation and sales efforts Access to approved suppliers and exclusive supply chain modeling and management technologies Centralized back-office technical and call center support A detailed, confidential operations manual |
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 | - |
Since our humble beginnings in Baltimore in 1946, Nexterus has been focused on helping small and medium companies compete through the power of supply chain. We research best-in-class supply chain strategies being employed by the largest companies in the world. Then, we bring them to you in scalable, affordable applications. Nexterus' unique approach of modeling, optimizing and managing gives you the freedom to build your business without being distracted by a multitude of complex supply chain challenges.
We are primarily seeking franchisees that are current supply chain industry professionals or military veterans with logistics experience who can apply their knowledge to operate a compelling, home-based supply chain consulting and management business. We look for individuals who are high-energy, have solid sales and rapport-building skills and who can demonstrate they are committed to providing great, consultative customer service. All franchise owners must be, or become, domestic property brokers.
With Nexterus, you can provide supply chain management services and
solutions for a wide base of small and medium sized companies in your
local area.