FBR Issue 2 - 2018
Top 50 Multi-Unit Franchises; Rockstar Franchise Owners; Emerging Franchises
Top 50 Multi-Unit Franchises; Rockstar Franchise Owners; Emerging Franchises
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AUTOMOTIVE<br />
SERVICES<br />
FEATURED<br />
Franchisee<br />
Snap-on Tools<br />
Startup Investment: $171, 385 – $359,767<br />
Cash Requirement: $35,677 – $53,366<br />
Total Units: 4,845<br />
Snap-on Incorporated is a leading global<br />
innovator, manufacturer, and marketer of<br />
tools, diagnostics, and equipment solutions<br />
for professional users. Product lines include<br />
hand and power tools, and are sold through<br />
its franchisees, company-direct sales, and<br />
distributor channels, as well as over the internet.<br />
For more information on Snap-on Tools<br />
opportunities, call (877) 476-2766<br />
or visit www.snaponfranchise.com.<br />
Two Men and A Truck<br />
Startup Investment: $95,000 – $670,000<br />
Cash Requirement: $95,000 – $670,000<br />
Total Units: 351<br />
TWO MEN AND A TRUCK ® is the largest<br />
franchised moving company in North America.<br />
Currently there are more than 380 locations<br />
and 2,900 trucks operating in 43 U.S. states in<br />
addition to Canada, UK, and Ireland. TWO MEN<br />
AND A TRUCK ® has performed more than 6.5<br />
million moves since its inception in 1985. The<br />
company has seen consistent monthly growth<br />
dating back to December 2009 with more than<br />
95 consecutive months of growth. In 2017,<br />
Entrepreneur Magazine ranked TWO MEN AND A<br />
TRUCK ® as one of the top 500 franchises in the<br />
U.S for the 23rd consecutive year and ranked<br />
the company no. 1 in the moving/junk removal<br />
category for the second year in a row.<br />
For more information on Two Men and A Truck<br />
opportunities, call (800) 345-1070<br />
or visit franchise.twomenandatruck.com.<br />
Bob Harms<br />
Huntington Learning Center<br />
Pembroke Pines West and<br />
Plantation, FL<br />
Franchisee since 2007<br />
— An <strong>FBR</strong> Franchisee Rockstar! —<br />
What was it about the franchise model and/or<br />
leadership that led you to purchase it? The<br />
Huntington Learning Center franchise model<br />
was a big reason for me to purchase the business.<br />
I found that a franchise was an easy way to<br />
transition from corporate America to my own<br />
business without having to “create a new wheel.”<br />
What type of business experience, education<br />
and/or skills did you have prior to becoming a<br />
franchisee that you found particularly helpful?<br />
I have an undergraduate degree in marketing<br />
and two graduate degrees in management<br />
and international business. Previously, I was<br />
a business development manager. Having the<br />
experience and education in business helped me<br />
understand how to manage staff and have the<br />
common sense to follow a business model that<br />
has already been successful.<br />
What do you like most about your job? My<br />
favorite part of being a Huntington Learning<br />
Center franchisee is that I am able to give back to<br />
the community by helping our students improve<br />
their confidence and skills in the classroom and<br />
in many ways change their opportunities and<br />
their futures.<br />
How did you fund your franchise? Did you<br />
receive any discounts/incentives? I was lucky<br />
enough to have an early small percentage<br />
investor in the first center so I didn’t need to<br />
take out any loans. When I took over my second<br />
location, I took advantage of an opportunity<br />
to turn around a failing location due to poor<br />
management by prior ownership, which also<br />
proved to be a successful model.<br />
What advice do you have for prospective<br />
franchise buyers? Your franchisor has likely<br />
already made all the mistakes for you. If you<br />
follow the system and don’t try to be smarter<br />
than the system you are more likely to be<br />
successful.<br />
For more information about Huntington<br />
Learning Center opportunities, call (800) 653-<br />
8400 or visit www.huntingtonfranchise.com.<br />
For more information on the companies in this report, visit www.<strong>FBR</strong>50.com | 27