- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$125K - $282K
- Units as of 2023
-
6 50.0% over 3 years
Company Overview
About 2 Fellas Moving Company
| Industry | Services (Other) |
|---|---|
| Related Categories | Moving/Junk-Removal Services |
| Founded | 1996 |
| Parent Company | 2 Fellas Franchises |
| Leadership | Steve Herburger, President |
| Corporate Address |
105 N.E. 16th Pl. Oklahoma City, OK 73104 |
Business Overview
| Franchising Since | 2018 (6 years) |
|---|---|
| # of employees at HQ | 30 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 6 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a 2 Fellas Moving Company franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$40,000 |
|---|---|
|
Initial Investment
|
$124,500 - $282,100 |
|
Net Worth Requirement
|
$200,000 |
|
Cash Requirement
|
$75,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | 2 Fellas Moving Company has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 70 hours |
|---|---|
| Classroom Training | 10 hours |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 8-20 |
|
Are exclusive territories available?
|
Yes |
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