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Earnings Claims of Top Franchises Revealed

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Franchise Costs: Detailed Estimates of You Move Me Franchise Costs (2016 FDD)

by Franchise Chatter on August 26, 2014

in Franchise Costs, Moving Related Franchise



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You Move Me

This post was updated on August 17, 2016 to reflect information from You Move Me’s 2016 FDD (Item 7).

Detailed Estimates of You Move Me Franchise Costs Based on Item 7 (Estimated Initial Investment) of You Move Me’s 2016 Franchise Disclosure Document

  • You Move Me is the sister company of 1-800-GOT-JUNK?, the world’s largest junk removal company, and WOW 1 Day Painting. The franchise is out to revolutionize the moving industry with its emphasis on service, transparency, and professionalism.
  • You Move Me was launched in 2013 and has several territories available in the US and Canadian markets.

1.  Initial Franchise Fee:  $20,000 to $50,000

  • The initial fee is $20,000 for one subterritory. Additional subterritories are $10,000 each.

2.  Initial Marketing Expense:  $3,000 to $12,000

  • The initial marketing expense will be used by you to market and promote the Franchised Business prior to or during the first 6 months of operation, or both. This figure is based on a Franchised Business operating in one to four subterritories, with a minimum spending requirement of $3,000 per subterritory.

3.  Computer Hardware and Software:  $1,500 to $3,000



  • You must obtain computer, telephone, and other related equipment that meet You Move Me’s specifications. These amounts represent the estimated cost to purchase this equipment.

4.  Miscellaneous Opening Costs:  $5,000 to $10,000

  • This estimates your initial miscellaneous start-up expenses, including your initial truck-based marketing kit, yellow page and/or Universal Business Listing ads, uniforms, moving equipment, deposits, business licenses, and legal expenses.
  • Your expenses may vary substantially, upward or downward, depending upon the nature of your existing operations, whether you currently own computers and telephone equipment, and whether you currently have an office.
  • You will also have to pay for insurance on your trucks and equipment, public liability, join the company’s health and safety program, workers’ compensation and property insurance for your franchise, and fuel and maintenance costs for your trucks.
  • These figures are estimates and You Move Me cannot guarantee that you will not have additional expenses in starting your business.

5.  Vehicles and Graphics:  $8,000 to $28,000

  • The above figures assume you lease two vehicles and include the cost of wrapping your vehicles with the Marks, which You Move Me estimates to be $4,000 per vehicle. Costs may vary substantially, especially if you elect to purchase a vehicle rather than lease one.
  • You must purchase or lease vehicles or trucks which meet You Move Me’s standards and specifications, and you are required to use only those vehicles in the operation of any part of the Franchised Business. You are permitted to use those vehicles only for the Franchised Business and for no other reason.
  • You are required to abide strictly by You Move Me’s vehicle requirements and standards, including requirements for the vehicles to be decorated with the company’s approved graphics package. Your vehicles shall be outfitted, wrapped and/or decaled to the company’s specifications.

6.  Real Estate/Rent:  $1,200

  • You must secure administrative office space for your franchise at the commencement of operations. You must maintain sufficient space to operate computer and telephone equipment and maintain records. You Move Me estimates that you will need a minimum of 300 to 400 square feet. The above estimate is based upon paying 3 months of rental payments estimated at $400 per month.

7.  Training Expenses:  $2,700 to $4,000

  • Training fees for you and one additional employee are included in your initial fee; however, you are responsible for your travel, accommodations, and meals while training at You Move Me’s training facility. Costs will vary depending on your proximity to British Columbia and the number of people attending training. These expenses are typically not refundable.
  • Per person expected costs are based upon a 10-day estimated stay, with accommodations from $100-200 per night; one meal per day (You Move Me provides breakfast and lunch during training); air transportation at $500-1,000 per person; and local transportation at $10-25 per day.

8.  Insurance:  $3,500 to $4,500

  • You must purchase insurance in accordance with You Move Me’s specifications:
  • Comprehensive Liability – not less than $1,000,000 per occurrence
  • Business Interruption – as required by Franchisor
  • Vehicle Liability – not less than $1,000,000 or as required by Franchisor
  • Workers’ Compensation – as required by state law
  • Other – as required by Franchisor

9.  Cell Phone and Accessories:  $150 to $500

  • You must purchase a cell phone for use in connection with the Franchised Business, and you will be responsible for all costs associated with the use and maintenance of the cell phone. Upon termination or expiration of the Franchise Agreement, You Move Me may, at its option, purchase the cell phone number from you for fair market value, or require that you cancel the cell phone number, the costs or penalties of which will be paid by you.

10.  Office Equipment and Supplies:  $150 to $1,000

  • The cost of office equipment and supplies will depend on whether you already have such items (such as a desk, stationery, etc.).

11.  Licenses and Permits:  $1,500

  • Governmental or regulatory agencies typically charge fees for permits and operating licenses. Your actual costs may vary from the estimates based on the requirements of federal, state, and local government agencies.

12.  Professional Fees:  $2,000 to $5,000

  • You will need to retain a lawyer, an accountant, and other consultants to assist you in establishing your Franchised Business. These fees may vary from location to location depending upon the prevailing rates of local lawyers, accountants, and consultants.
  • These fees are typically non-refundable.

13.  Memberships to Local Organizations:  $300 to $1,500



  • You Move Me recommends that you become a member of local business organizations such as the Better Business Bureau, Chamber of Commerce, and the Building Owners Management Association. Membership in these organizations is not mandatory.

14.  Additional Funds (3 to 6 months):  $55,000 to $70,000

  • This estimates your initial operating expenses, including working capital and local marketing fees, during the initial start-up months.
  • Your costs will depend on factors such as: following You Move Me’s methods and procedures; your management skill, experience, and business knowledge; whether you elect to hire a General Manager; local economic conditions; local market for services; prevailing wage rate; competition; sales level reached during the initial period; lease rates for office space, vehicle, and computer and telephone equipment.
  • A significant amount of working capital may be allocated to additional marketing during the start-up phase of the business. The prices for these items will vary depending upon your location and on market prices.
  • Additional Funds relate only to costs associated with the Franchised Business and do not cover any owners’ draw or personal, “living,” unrelated business or other expenses you may have, such as royalty payments, debt service on any loans, state sales and/or use taxes on goods and service, and a variety of other amounts not expressly described and included in the notes above.

15.  Total:  $104,000 to $192,200

  • You Move Me relied on its research to compile these estimates. You should review these figures carefully with your business advisors before making any decision to invest in the franchise.
  • Your expenses may vary substantially, upward or downward, depending upon the nature of your existing operations, whether you currently own computers and telephone equipment, and whether you have a home office.
  • You will also have to pay for insurance on your truck and equipment, public liability and property insurance for your franchise, and fuel and maintenance costs for your truck.
  • These figures are estimates and You Move Me cannot guarantee that you will not have additional expenses in starting your business.


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