Growth is the name of the game for TWO MEN AND A TRUCK®. The franchising world's premier moving services company is heading into Q2 riding a wave of 48 consecutive months of record growth. With 11 of those months including double-digit increases.
TWO MEN AND A TRUCK® disclosed a 15.88 percent year-over-year increase in revenue during the first quarter. Additionally, the brand opened 11 new locations, signed eight new franchisees in the U.S., and one new location in Canada."The enthusiasm and momentum we built from a successful 2014 has continued into 2015, and has propelled positive, continued growth," Randy Shacka, president of TWO MEN AND A TRUCK®. "We have repeatedly surpassed our growth goals by continued investment in our infrastructure and quality customer service that will continue to be our focus in the second quarter."
Part of TWO MEN AND A TRUCK®'s phenomenal quarterly growth is due to Career Move Month, a hiring initiative that has proven to be a big boost for the brand. With the summer months rapidly approaching, the demand for moving services increases. In order to keep up with the increase in requested services, TWO MEN AND A TRUCK® hired a total of 1,209 new employees out of a pool of 8,748 applicants in the month of March, rounding out the TWO MEN AND A TRUCK® employee count to more than 6,000.
To keep up with expansion goals, TWO MEN AND A TRUCK® aims to sign 30 new franchise agreements by year's end. In order to achieve this objective, the brand looks to continue expanding into top markets throughout the country as well as pursuing its long-term goal of securing a larger international presence. New and existing locations are achieving record growth and profitability, and this is contributing to the system's positive results."We are thrilled by the strength of the TWO MEN AND A TRUCK® brand, an outstanding result of continuously providing top notch service to our customers," said Jeff Wesley, chief financial officer of TWO MEN AND A TRUCK®. "Our motivation to build upon our outlook for the 2nd quarter is high as we look to constantly grow our revenue segments and serve our loyal customers. We expect to continue operating on a strong platform and make new investments that contribute to our vision and growth plans for the company."
With 318 national locations and 25 international locations, TWO MEN AND A TRUCK® continues its expansion in the global market by introducing innovative technology system-wide, improving existing operational systems, and employing passionate staff throughout the growing franchise network.
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ABOUT TWO MEN AND A TRUCK®
TWO MEN AND A TRUCK® is the largest franchised moving company both in the United States and internationally. Currently there are 318 national locations and 2,197 trucks operating in the U.S.; in total, the company operates 343 locations and 2,288 trucks. TWO MEN AND A TRUCK® has performed more than 5 million moves since its inception in 1985. The company has seen consistent monthly growth dating back to December 2009 and more than 45 consecutive months of record growth. Each location is independently owned and operated. For franchising opportunities, visit www.twomenandatruckfranchising.com.