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2026 FDD Item 19, p. 79 Previous source check Oct 16, 2026

Two Men and a Truck Franchise Revenue and EBITDA (2026 FDD)

By Swet Parvadiya Previous review by Swet Parvadiya Updated Oct 29, 2026 Source: Two Men and a Truck 2026 FDD (Item 19)

In Item 19 of its 2026 Franchise Disclosure Document, Two Men and a Truck reports average annual gross sales for Franchise Operating Units in 2025 of $2,837,460 (2025, 198 of 205 Franchise Operating Units (Single and Multi-Unit Metro Market Franchises) open all of 2025). The figures below are selected disclosures, not a substitute for reading the full Item 19.

Startup cost: a Two Men and a Truck franchise costs an estimated $146,950 – $512,450 to open (Item 7). See the full Two Men and a Truck franchise cost breakdown.

Does Two Men and a Truck’s Item 19 show profit or owner pay?

Partly. Besides sales, Two Men and a Truck’s Item 19 reports “Average EBITDA, Single Metro Market Franchises” and “Average EBITDA, Multi-Unit Metro Market Franchises”. Each figure follows the franchisor’s own definition in Item 19, which decides which costs are deducted and whether an owner’s salary is one of them. None of them is necessarily an owner’s take-home pay.

What Two Men and a Truck discloses (Item 19)

Source: Two Men and a Truck 2026 FDD, Item 19, PDF p. 79.

Two Men and a Truck Item 19 Disclosed Financial Performance Representations (2026 FDD)
FigureValuePeriodBased on
Average annual gross sales for Franchise Operating Units in 2025$2,837,4602025198 of 205 Franchise Operating Units (Single and Multi-Unit Metro Market Franchises) open all of 2025 (Item 19, PDF p. 81)
Median annual gross sales for Franchise Operating Units in 2025$2,340,2252025198 of 205 Franchise Operating Units (Single and Multi-Unit Metro Market Franchises) open all of 2025 (Item 19, PDF p. 81)
Highest annual gross sales among operating units$14,863,6302025Top performing Franchise Operating Unit in 2025 (Item 19, PDF p. 81)
Lowest annual gross sales among operating units$198,5672025Lowest performing Franchise Operating Unit in 2025 (Item 19, PDF p. 81)
Average annual gross sales, Single Metro Market Franchises$2,376,1952025145 Single Metro Market Franchises operated by single-unit franchisees for all of 2025 (Item 19, PDF p. 83)
Average EBITDA, Single Metro Market Franchises$341,8582025145 Single Metro Market Franchises operated by single-unit franchisees for all of 2025 (Item 19, PDF p. 83)
Average EBITDA, Multi-Unit Metro Market Franchises$454,066202553 Multi-Unit Metro Market Franchises operating 163 Single Metro Market Franchises for all of 2025 (Item 19, PDF p. 82)

Item 19 sample and definitions

Item 19 (PDF pages 79-85) Table 1 reports 2025 Gross Sales for 198 Franchise Operating Units open all year; 71 (36%) met or exceeded the $2,837,460 average. Table 2 reports sales, expenses and EBITDA for 53 Multi-Unit Metro Market Franchises (average EBITDA $454,066, median $332,484); Table 3 does the same for 145 Single Metro Market Franchises (average sales $2,376,195, average EBITDA $341,858, median $276,922). Expense lines cover mover wages, moving trucks, other moving costs, advertising, facility, franchise fees, support staff and administration. Mod Market Franchises and affiliate-owned units are excluded, and EBITDA is not take-home owner income.

How to interpret Two Men and a Truck’s Item 19 figures and sample limits · What Item 19 does and does not show about owner pay.

A source check placed this record on review hold. Automatic fee estimates are withheld until the outstanding issues are resolved. The earlier source-check date does not clear this hold. Reported sales are not owner income.

Scope of these figures: The selected Two Men and a Truck disclosures above retain their recorded periods and samples. The lead figure covers 198 of 205 Franchise Operating Units (Single and Multi-Unit Metro Market Franchises) open all of 2025. They do not establish take-home owner income or the results of a new outlet. Read the linked Item 19 for the franchisor's definitions and exclusions.

Full Two Men and a Truck franchise cost breakdown · Payback calculator (enter your own assumptions)

Swet Parvadiya
By

Swet Parvadiya

Founder & Lead Research Editor

Founder and lead research editor of TrueFranchiseCost. Background in software engineering and data systems, analyzing official Franchise Disclosure Documents (FDDs) filed with state regulators. Specializes in Item 7 startup budgets, recurring Item 6 fee rules, and Item 19 financial performance disclosures.

Previous review by: Swet Parvadiya (Founder & Lead Research Editor)

Sources

TWO MEN AND A TRUCK SPE LLC Franchise Disclosure Document, issued April 30, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.

Page references for Two Men and a Truck use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.

If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.

Document & verification changelog

  • October 29, 2026: Record updated.
  • October 23, 2026: Source review hold recorded. Unresolved corrections are listed in this source section.
  • October 23, 2026: Complete source recheck against the April 30, 2026 FDD: cover, Item 1, Item 5, the Item 6 schedule corrected on October 19 (PDF pages 26-34), Item 7, Item 17, Item 19 Tables 1-5 and Item 20 Tables 1-4. Corrected the Item 19 page citations and notes, which had described expense categories the FDD does not use; added Single Metro sales and Single and Multi-Unit Metro EBITDA figures; removed an unstated founding year and liquid-capital and net-worth figures without an FDD or exact website source; corrected the Item 20 page. The hold remains for the printed Item 7 conflict described in the source section.
  • October 19, 2026: Source review hold recorded: The October 19 audit found and corrected material Item 6 transcription errors against PDF pages 26-34. This targeted fee review does not clear the earlier whole-record verification: the other FDD sections and their narrative still require a complete source recheck. The simplified fee model is withheld for the contractual reasons stated above. The prior source-check date is historical.
  • October 16, 2026: Previous source check recorded. The later source review hold below supersedes its clearance.
  • October 16, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued April 30, 2026).