How to Finance a Two Men and a Junk Truck Franchise: Junk Hauling
By Chris Cornella
A Two Men and a Junk Truck franchise loan typically funds trucks, a warehouse or yard, launch marketing and the working capital to carry a new junk removal territory until jobs build. The brand began franchising in 2023 and grows on the infrastructure of a long-established national moving franchise, which gives lenders a recognizable system to evaluate even though the junk removal concept itself is young.
US Professional Funding is not affiliated with, sponsored by or endorsed by Two Men and a Junk Truck; the name is used only to describe the business. Figures from the franchisor’s disclosure document and website can change, loan programs vary and every loan is subject to approval. Nothing here is legal, tax or investment advice, so review the current Franchise Disclosure Document (FDD) and franchise agreement with a franchise attorney and an accountant.
Two Men and a Junk Truck Franchise Loan at a Glance
- Concept: residential and commercial junk removal, cleanouts and debris hauling, with recycling and donation prioritized over landfill disposal.
- Launch: franchising began in September 2023.
- Footprint: the franchisor reports more than 70 locations in more than 20 states.
- Minimum liquid capital: $50,000, according to the franchisor’s franchise site.
- Market types: the franchisor prices a Metro Market and a Mod Market differently; its investment page shows two sets of figures, so confirm the range in Item 7 of the current FDD.
- Fees: the franchise fee, royalty and brand fund are not published on the franchisor’s site; get them from Items 5 and 6.
- SBA Franchise Directory: listed as Two Men and A Junk Truck under code S8595, with no additional note.
What Is Two Men and a Junk Truck?
Two Men and a Junk Truck launched its franchise model in September 2023 as a junk removal concept backed by the systems, training and leadership of a national moving franchise with about 40 years of franchising history. The company says it has grown to more than 70 locations since launch.
Crews handle furniture, appliance and mattress removal, shed removal, yard waste, electronics and pre- and post-move cleanouts for homeowners. Commercial customers include property managers, storage facilities, offices, retail spaces and senior living communities. The brand emphasizes landfill diversion through recycling, repurposing and donation, and it markets straightforward pricing with no hidden fees.
Why lenders view the concept the way they do. Junk removal is a truck-based service business with modest real estate needs and relatively quick cash collection on residential jobs. Lenders like the hard collateral that trucks provide and the backing of an established franchisor. They also know the brand is young, so a borrower’s own finances and management plan carry real weight.
Two Men and a Junk Truck Franchise Costs
The franchisor’s investment page lists separate estimates for Metro and Mod markets, but its headline figures and its averages table do not match, so we have not repeated either. It says Item 7 of the FDD outlines the full investment range and that costs depend on market size, region, whether you buy or lease trucks, warehouse rent, opening timing and local competition.
Initial franchise fee. Item 5 states the fee and whether it changes by market type or number of territories.
Trucks. Trucks are usually the largest single cost. Buying gives you an asset to pledge; leasing lowers the upfront cash need but adds a fixed monthly payment.
Warehouse or yard. Most territories need a place to park trucks and sort items for donation, recycling and disposal. Rent depends heavily on the market.
Equipment. Dollies, hand tools, straps, tarps, safety gear and truck wraps and signage.
Opening costs and working capital. Launch marketing, insurance, licenses, hiring and training payroll, technology setup and reserves for disposal fees, fuel and maintenance during the first months.
When you review the Item 7 table, look for line items such as:
- Initial franchise fee
- Truck purchase or lease deposits
- Truck wraps and signage
- Warehouse or yard rent and deposits
- Tools, equipment and safety gear
- Technology and software setup
- Insurance, licenses and permits
- Training travel and lodging
- Grand opening and launch marketing
- Additional funds for the initial operating period
Check that the line items add up to the stated total for your market type and note how many months the additional funds cover.
Ongoing Fees and How They Affect Your Loan
Item 6 lists the royalty, brand or marketing fund, technology fees, local advertising requirements, and transfer and renewal fees. Read the franchise agreement for any minimum royalty or minimum performance standards as well.
How lenders factor these in. Percentage fees come out of gross revenue before fuel, dump fees, labor, truck payments and insurance. Underwriters subtract every recurring fee from projected revenue and test whether what remains covers debt service with a cushion. Because disposal and fuel costs move with volume and prices, lenders often stress-test those lines.
Franchisor Requirements for New Owners
The franchisor’s site sets a minimum of $50,000 in available liquid capital. We could not verify a published net worth or experience requirement, so ask the franchise development team for its written criteria.
Expect an inquiry, discovery calls, a review of the FDD and a financial review. The franchisor’s launch team then works with new owners on site selection, truck sourcing, budget planning, equipment purchasing, local marketing, operational setup and hiring.
Ways to Own a Two Men and a Junk Truck
A new territory. Most buyers open a new territory. That is a start-up loan, underwritten on your personal finances, injection, truck plan and business plan. Our page on franchise start-up financing explains how these requests come together.
Buying an existing territory. As the system matures, established territories may come up for sale. Financing then rests on the business’s historical revenue, its trucks and its customer base, subject to franchisor approval. See service business acquisition financing.
Adding to an existing service business. Owners of related home-service businesses may add a territory to share staff, trucks or yard space. Lenders will look at the combined cash flow.
Financing Options for a Two Men and a Junk Truck Franchise
SBA 7(a) loans. An SBA 7(a) loan can package the franchise fee, trucks, equipment, launch marketing and working capital into one loan. Learn more about SBA 7(a) loans.
SBA 504 loans. The 504 program finances owner-occupied real estate and long-lived equipment. It can fit later if a growing operator buys a warehouse and yard, but it rarely fits a first territory.
Conventional term loans. Borrowers with strong credit and collateral may use conventional business loans, particularly for a second territory or added trucks.
Equipment and truck financing. Junk removal trucks can be financed separately, secured by the vehicles, which preserves cash for working capital. See franchise equipment financing and leasing.
Working capital and lines of credit. Junk removal is busiest around spring cleaning, summer moves and year-end cleanouts. A line of credit helps cover payroll, fuel, disposal fees and repairs in slower months. Read about working capital for service businesses.
Seller financing on resales. A selling owner may carry part of the price as a note. Seller notes are typically subordinate to the primary loan, and some loan programs limit how they count toward the buyer’s injection.
SBA Loans for Two Men and a Junk Truck Franchisees
SBA lenders generally require a franchise brand to appear on the SBA Franchise Directory before making an SBA-backed loan to one of its franchisees. Two Men and a Junk Truck is listed as Two Men and A Junk Truck under code S8595, and the listing carries no additional note. In plain terms, the franchise documents have already been reviewed for SBA eligibility, so the lender can focus on you, your trucks and your plan.
For a Two Men and a Junk Truck franchise loan, the listing does not approve any borrower. The SBA 7(a) program maximum is currently $5 million, though program rules can change, and a single-territory start-up typically borrows far less.
SBA application tips. Have your personal financial statement, tax returns, resume, signed FDD receipt, truck quotes, a warehouse letter of intent and a source for your injection ready. Our SBA loan calculator can help you test payments against a slow first season.
How Lenders Evaluate a Two Men and a Junk Truck Deal
Personal credit and financial history. Lenders review credit, tax returns and a personal financial statement.
Net worth and liquidity. The $50,000 liquid capital minimum is a floor. Lenders want enough left after closing to cover reserves. Our article on how much franchise you can afford walks through the math.
Industry and management experience. Experience managing crews, trucks, logistics or a home-service business helps. Show how you will hire reliable crews and keep trucks on the road.
Business plan and projections. For a Two Men and a Junk Truck franchise loan, base projections on territory population, housing turnover, property managers and storage facilities, and seasonal demand. State assumptions for jobs per truck per day, average job revenue, disposal costs and crew wages.
The FDD and franchise agreement. Lenders read the term, renewal, transfer and termination clauses, territory rights, Item 10 financing and whether Item 19 contains financial performance representations. Our article on the role of the FDD in franchise financing explains which items matter most.
Warehouse lease. Keep the lease flexible and sized to your fleet plan.
Historical financials for resales. Expect tax returns, profit and loss statements, job reports and truck maintenance records.
Trucks and Fleet Planning
The franchisor says owners can run a single truck or build a multi-vehicle fleet across their region. Each added truck brings more capacity, but also another payment, insurance policy, crew and maintenance schedule. Lenders like to see utilization data, such as jobs per truck per week, before financing additional vehicles.
Buy or lease. The franchisor lists buying versus leasing trucks as one of the main drivers of the investment range. Buying adds collateral and builds equity; leasing lowers upfront cash. Compare total cost over the loan term, not just the monthly payment.
Multi-Territory Growth
Owners who prove a first territory may add neighboring ones, sharing a warehouse, dispatch and management. The franchisor’s map shows limited availability in New Jersey and Washington, moderate availability in Illinois, Indiana, Minnesota and Wisconsin, and high availability elsewhere. Our post on multi-unit franchise financing explains how lenders sequence expansion loans.
Real-World Scenarios
The first-time owner. A former operations manager opens a Mod Market territory with one financed truck, a small yard lease and an SBA 7(a) loan for the fee, launch marketing and working capital.
The service-business owner. An owner of a related home-service company adds a Metro Market territory and shares office staff. A conventional loan funds the fee and a truck, underwritten on combined cash flow.
The fleet expansion. After a busy first year, an owner finances a second truck with equipment financing, using job data to show the lender demand exceeds capacity.
Common Mistakes to Avoid
- Budgeting from website estimates instead of the FDD’s Item 7 table
- Underestimating disposal fees, fuel and truck maintenance
- Adding trucks before the first one is fully used
- Signing a long warehouse lease before demand is proven
- Leaving too little working capital for slow seasons
For more pitfalls, read the loan mistakes restoration and cleaning owners make.
Next Steps to Finance Your Two Men and a Junk Truck Franchise
Step 1: Check territory availability. Confirm your market and whether it is priced as Metro or Mod.
Step 2: Request the FDD. Review Items 5, 6, 7, 10, 17 and 19 with a franchise attorney.
Step 3: Organize your finances. Gather tax returns, a personal financial statement and proof of liquid capital.
Step 4: Price trucks and space. Get truck quotes and a warehouse letter of intent.
Step 5: Build the plan. Prepare projections and a sources-and-uses table.
Step 6: Apply and close. Choose a loan structure, submit the application and coordinate with the franchisor’s launch team.
Two Men and a Junk Truck Franchise Loan FAQs
How much does a Two Men and a Junk Truck franchise cost?
It depends on whether your territory is a Metro or Mod Market and whether you buy or lease trucks. The franchisor’s website figures conflict, so rely on Item 7 of the current FDD.
What is the franchise fee?
Item 5 of the FDD states the fee. It is not published on the franchisor’s site.
How much liquid capital do I need?
The franchisor sets a minimum of $50,000 in available liquid capital.
Is Two Men and a Junk Truck eligible for SBA loans?
Yes. It is listed on the SBA Franchise Directory under code S8595, with no additional note.
Can I finance trucks separately?
Yes. Trucks can often be financed on their own, secured by the vehicles.
Do I need junk removal experience?
We could not verify a published experience requirement. The franchisor provides training, launch support and ongoing coaching.
Can I buy an existing territory?
Yes, if one is for sale and the franchisor approves the transfer.
Does the franchisor offer financing?
Item 10 of the FDD discloses any franchisor financing.
How long is the franchise term?
Item 17 and the franchise agreement set the term and renewal rights.
Final Thoughts
A Two Men and a Junk Truck franchise loan is built around trucks, a lean yard and enough working capital to reach steady job volume. Use the FDD for real numbers, plan the fleet carefully and show a lender a realistic first-year ramp.
US Professional Funding helps franchise owners finance trucks, start-up costs and working capital. Explore our franchise financing programs and our restoration, remediation and cleaning financing.
