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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

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