Franchise FAQ

how to get a uhaul franchise

by Dedrick Hirthe Published 2 years ago Updated 1 year ago
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Opening afranchisetypically requires extensive start-up costs. But you do not have to pay a thing to become a U-Haul dealer. All you need to do is add U-Haul truck and trailer rental to your ownbusiness. It would be better if your location has high visibility and traffic and available land to display the equipment.

Full Answer

How do I become a U-Haul dealer?

Opening a franchise typically requires extensive start-up costs, but you don't pay a thing to become a U-Haul Dealer. You'll earn extra money simply by putting unused land or labor to use. U-Haul is the number one name in moving & storage and that translates to more customers, period.

Is it profitable to own a UHaul franchise?

profitable. On average, we pay a 21% commission across all of our product lines, highest in the industry. Opening a franchise typically requires extensive start-up costs, but you don't pay a thing to become a U-Haul Dealer. Small business owners can add U-Haul truck and trailer rental to their existing product offering.

What percentage do Uhaul dealers get paid?

On average, we pay a 21% commission across all of our product lines, highest in the industry. Opening a franchise typically requires extensive start-up costs, but you don't pay a thing to become a U-Haul Dealer. You'll earn extra money simply by putting unused land or labor to use.

How do you make money with U Haul?

You'll earn extra money simply by putting unused land or labor to use. U-Haul is the number one name in moving & storage and that translates to more customers, period. Increase your profit and product line with discounted boxes and moving supplies . Weekly commissions paid via direct deposits into any bank account.

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Is being au Haul dealer profitable?

According to Glassdoor, the average profit a U-Haul dealer can make is approximately $75,536 a year. This is a decent number, as average small business owners make $71,813 a year, according to Fundera.

Are uhaul locations franchised?

Fill out the dealer inquiry application online at uhaul.com/dealer. There is no U-Haul franchise cost and no initial financial investment to start a U-Haul dealership except securing a dedicated phone line and internet access.

Who owns uhaul?

AMERCOU-Haul / Parent organization

How much is uhaul company worth?

U-HaulTypeSubsidiaryRevenueUS$4.54 billion (FY2020)Number of employees19,500 (2020)ParentAmercoWebsiteuhaul.com8 more rows

What happens if you scratch a Uhaul truck?

What happens if I damage the U-Haul rental equipment without purchasing the optional coverage? As soon as you return the equipment, U-Haul will charge you for the damage you caused, plus lost rental revenue while the equipment is being repaired.

What happens if you keep a U-Haul too long?

U-Haul late fees U-Haul charges a $40 late fee for each extra day you keep your rental truck. It also charges $20 per day for trailers and towing devices.

Why do all U-Haul trucks have Arizona plates?

Some companies keep track of miles manually while others use GPS systems. So U-Haul, which has been based in Phoenix since 1967, registers all of its rental trucks in Arizona and the state then distributes those license plate fees to other states where the rental trucks travel.

Why is every U-Haul from Arizona?

Is U-Haul based in Arizona? Yes. The U-Haul company headquarters is located in Phoenix, where the company registers all of its fleet of vehicles. "U-Haul International has been headquartered in midtown Phoenix since 1967," Jeff Lockridge, manager of media and public relations for U-Haul International, said.

Do U-Haul trucks have cameras in them?

U-Haul trucks currently do not have cameras inside, but only have driver-assist cameras. The cameras on the U-Haul trucks are ones that help the driver navigate. The rear-view camera is a driver-assist camera and not a security camera.

How many vehicles does U-Haul own?

Since 1945, U-Haul has been the first choice of do-it-yourself movers, with a network of more than 21,000 locations in all 50 United States and 10 Canadian provinces. U-Haul customers' patronage has enabled the U-Haul fleet to grow to more than 186,000 trucks, 128,000 trailers and 46,000 towing devices.

Does U-Haul have stock?

22, 2016). The stock is up 15% since then, trailing the overall market....Amerco / UHAL.Recent Price$378.01Market Value (bil)$7.452-Week change6%2019 EPS$18.932020E EPS$20.222 more rows•Sep 13, 2019

Where is U-Haul headquarters?

Phoenix, AZU-Haul / Headquarters

What is Joe Shoen net worth?

4.1 billion USD (2022)Joe Shoen / Net worth

Who is the founder of U-Haul?

Leonard ShoenU-Haul / FounderThe company was founded by Leonard Shoen and Anna Mary Carty Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations.

Where is U-Haul headquarters?

Phoenix, AZU-Haul / Headquarters

Who is Joe Shoen wife?

Sylvia ShoenJoe Shoen / Wife

Earn high commissions with no investment

On average, we pay a 21% commission across all of our product lines -; highest in the industry. Opening a franchise typically requires extensive start-up costs, but you don't pay a thing to become a U-Haul Dealer. You'll earn extra money simply by putting unused land or labor to use.

Use our brand to build your business

U-Haul is the number one name in moving & storage and that translates to more customers, period. U-Haul Dealers get their business name in front of millions of potential customers via uhaul.com and by phone at 1-800-GO-UHAUL.

How many U-Haul dealers are there?

This successful model is no secret. More than 20,000 independent dealers offer our trucks and trailers. They are everywhere, from densely populated cities to remote country towns. In fact, U-Haul dealers account for more than 90% of U-Haul locations. Many of our dealers have been serving the DIY moving public in their community for decades. Some partnerships are nearly as old as U-Haul itself.

What is the upside of being a U-Haul dealer?

The financial upside to being a U-Haul dealer is significant. Dealerships earn commissions off equipment transactions originating from their locations. Commissions can approach, and even reach, 22% per transaction. The more equipment that is dispatched, the more dealers will boost their bottom lines – simply by maximizing their time and lot space.

When was the first U-Haul trailer made?

The first U-Haul trailers were dispatched from service stations along the West Coast for $2 a day in the 1940s. Ever since U-Haul was co-founded by a U.S. Navy veteran as WWII was coming to an end, the Company has been partnering with local businesses to reach more customers in more places.

Is U-Haul a good franchise?

If U-Haul structured its network like other large organizations, it would be the best franchise to own … not to mention the lowest cost franchise to open. But the U-Haul structure is much easier and more dealer-friendly.

What services can you offer at U Box?

You can select as many or as few services to offer. Packing and unpacking, loading and unloading, cleaning, U-Box® services and specialty item moving are some of the services you can sign up to offer.

Can you help a U-Haul customer pick up?

If your vehicle is equipped for towing, you can help the customer pick-up and drop off their U-Box®. U-Haul provides the trailer needed to safely deliver the storage containers.

Does UHaul offer labor?

Independent providers offer labor services through the Moving Help MarketPlace on both uhaul.com and movinghelp.com. Customers browsing the MarketPlace can see rates, availability, services, and reviews to help them pick a provider that fits their needs. Once booked, Moving Help® Service providers get an email and/or text message with the details of their customer’s move. It is encouraged to contact the customer 24 hours from their reservation to ensure satisfaction and details of their move.

Why is U-Haul partnering with independent businesses?

Partnering with quality independent business people to support the demand for U-Haul equipment in their neighborhoods enables the U-Haul Company to provide more service, to more customers, in a sustainable manner that also benefits the communities that we all serve.

What is the U-Haul Dealer Benefits Program?

The U-Haul Dealer Benefits Program is a U-Haul “do-it-yourself” national resource for affordable health insurance and employee benefit solutions for independent U-Haul Dealers hit hard by rising costs for healthcare and insurance.

What is the number one name in moving and storage?

U-Haul is the number one name in moving & storage and that translates to more customers, period. U-Haul Dealers get their business name in front of millions of potential customers via uhaul.com and by phone at 1-800-GO-UHAUL.

How much commission do U-Haul dealers make?

On average, we pay a 21% commission across all of our product lines, highest in the industry. Opening a franchise typically requires extensive start-up costs, but you don’t pay a thing to become a U – Haul Dealer.

What does U-Haul stand for?

Moving-truck rates from California are wildly expensive thanks to high demand, according to Mark Perry, a professor of economics and finance at the University of Michigan-Flint, and Jalopnik.

Is uhaul first come first serve?

U-Haul is owned by AMERCO (Nasdaq: UHAL), a holding company which also operates Amerco Real Estate, Republic Western Insurance, and Oxford Life Insurance. The Shoen family currently owns, both directly and indirectly, about 55% of the publicly traded stock corporation.

What is U-Haul behind a hearse?

You must have a valid driver’s license in order to rent a U – Haul truck, trailer or towing equipment. U – Haul requires a minimum of two forms of Meaningful Assurance that our equipment will be returned at the time, to the place and in the condition agreed upon.

Do uhaul dealers make money?

The financial upside to being a U-Haul dealer is significant. Dealerships earn commissions off equipment transactions originating from their locations. Commissions can approach, and even reach, 22% per transaction .

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