Approximately 50 million people in the U.S. move home each year, and for International Van Lines’ franchisees, that could mean big business.
The moving industry is one of the oldest and largest industries in the country. According to the American Moving & Storage Association, there is an average of $3.6bn spent annually on moving. However, two key complaints that moving companies receive are focused on delays, and additional, unexpected charges. Consumers are demanding more from their movers.
This demand has translated to success for International Van Lines (IVL), which has seen a 200 per cent system sales growth from 2012, when the brand bought its first truck, to 2019, when it’s now launched a franchising opportunity for savvy entrepreneurs wanting to get in on the moving game.
IVL’s business model is geared toward getting franchise locations up quickly and at a low startup cost. The brand will play a significant role in making sure each site is thriving and has the tools they need to get the job done right. Two unique aspects of their offering are the international moving piece and logistics for domestic moves. Potential partners will not need to invest large sums of money into purchasing tractor-trailers. IVL will provide all the trucking for each location, and franchisee responsibilities will only be on the front end (packing and loading). It will reduce operating costs for all sites and help streamline the delivery process.
IVL feels that it can build a strong brand that provides quality moving services. Its goal is to find like-minded individuals who have a passion for working with people and are driven toward growing their business. The brand strongly feels that its business model will be more effective than any other franchise in the moving industry. And with average expected revenues of more than $2m after three years of business, franchisees would do well to get on board.