Brand maintains 61 straight months of growth; signs 30 agreements in 2014.
TWO MEN AND A TRUCK®, the industry's leading moving services franchise, enters 2015 with confidence after wrapping up strong fourth quarter results in 2014, most notably posting 61 straight months of growth and 45 consecutive months of record growth, positioning the nationally-recognized brand for continued upward momentum in 2015.
TWO MEN AND A TRUCK® reported a solid fourth quarter of 2014 with impressive results, disclosing revenues totaling more than $350,000,000, a 13.68 percent growth over the previous year. December proved to be a highly successful month for the brand, netting more than $25,000,000 in revenue, a 17.47 percent growth from 2013."We are pleased with our quarterly and fiscal year results, which are reflective of our continuing positive trends and our supportive infrastructure along with our continued focus on strong customer service," said Randy Shacka, president of TWO MEN AND A TRUCK®. "The last few months of 2014 have been incredibly exciting and rewarding as we opened a record number of locations, and we will continue implementing strategic initiatives to continue our growth plans which support our long-term vision."
With a focus on current expansion objectives, TWO MEN AND A TRUCK® is looking to open in both new and developing markets. The brand currently boasts 330 U.S. and international locations and will be working toward 365 open locations by the end of 2015, with 30 of those deals taking place within the U.S.
The brand is continuously expanding its reach, most recently with a franchise signing in South Dakota – a previously undeveloped state. This new deal will round out the total number of serviced states to 39.
In order to achieve its goal of adding 30 new locations to the system in 2015, TWO MEN AND A TRUCK® will focus on expansion in top growth states such as California, Oregon, Washington, and New Jersey."Our strong family of franchisees who are expanding the brand and building off their previous successes illustrate our capable and scalable model, which is one of our competitive advantages," said Jeff Wesley, TWO MEN AND A TRUCK® CFO. "Moving forward, we will continue focusing on serving our customers and investing in our company for sustainable long-term growth by introducing innovative technology system-wide, improving existing operational systems, and employing passionate staff throughout our 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 306 national locations and 1,900 trucks operating in the U.S.; in total, the company operates 330 locations and 2,100 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.