14 Moves operates a real estate agency providing a variety of services, including buying, selling, and leasing properties. The franchise empowers agents to work within a protected territory with a proven business model.
Key Insights
- 14 Moves began with a vision to simplify the moving process, evolving from a foundational concept into a recognized provider of relocation services that streamlines the customer experience. The business has consistently adapted its operations to meet client needs.
- The franchise operates by providing a comprehensive suite of moving solutions, connecting customers with vetted moving partners and managing logistics to ensure efficient and reliable transitions for individuals and families.
- The relocation industry is experiencing sustained demand, driven by population mobility and economic shifts. The franchise is positioned within this dynamic sector, offering a structured approach to a frequently required service.
Franchise Fee and Costs to Open
Exploring the financial picture of 14 Moves gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $107,605 - $165,725, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Yearly gross sales of $786,942 and estimated earnings of $133,781 - $173,128 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.4-4.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
14 Moves provides new franchisees with comprehensive initial training. This program offers a thorough overview of operations and best practices. The training, lasting two weeks, is conducted at 14 Moves' headquarters. Resources are provided to support ongoing development and operational efficiency.
Legal Considerations
Legal considerations for a 14 Moves franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a 14 Moves franchise may present considerations regarding local market saturation, requiring differentiated service offerings to stand out. The intricate coordination of moving logistics, from packing to delivery, demands robust operational systems and skilled personnel. Dependence on third-party service providers for specific moving tasks introduces supply chain variables that must be managed effectively.
Franchise Datasheet
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