Franchise Failure Rates

SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Two Men and a Truck Franchise Failure Rate: 2.2% SBA Loan Defaults (2010–2019 Federal Data)

2.2%
charge-off rate on 46 SBA 7(a) loans to Two Men and a Truck franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Two Men and a Truck against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Two Men and a Truck 2.2%; Used Household and Office Goods Moving 11.2%; All franchises 10.2%Two Men and a Truck 2.2%; Used Household and Office Goods Moving 11.2%; All franchises 10.2%0%5%10%Two Men and a Truck2.2%Used Household andOffice Goods Moving11.2%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Two Men and a Truck 2.2%; Used Household and Office Goods Moving 11.2%; All franchises 10.2%Two Men and a Truck 2.2%; Used Household and Office Goods Moving 11.2%; All franchises 10.2%0%5%10%Two Men and a Truck2.2%Used Household and Office Goods Moving11.2%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

About 1 in 45 Two Men and a Truck SBA borrowers failed to repay — well below the Used Household and Office Goods Moving average of 11.2%.

Between 2010 and 2019, 46 Two Men and a Truck franchisees financed with SBA 7(a) loans. 1 defaulted — a 2.2% charge-off rate, 0.2x the Used Household and Office Goods Moving average of 11.2%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Two Men and a Truck franchise failure rate on SBA loans?

Two Men and a Truck is a Used Household and Office Goods Moving franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Two Men and a Truck franchisees: 46 loans approved between fiscal 2010 and 2019, of which 1 was charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Two Men and a Truck compare with other Used Household and Office Goods Moving franchises?

The table sets Two Men and a Truck's charge-off rate beside its Used Household and Office Goods Moving peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable.

Two Men and a Truck versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureTwo Men and a TruckUsed Household and Office Goods MovingAll franchisesAll SBA borrowers
Default (charge-off) rate2.2%11.2%10.2%8.0%
Loans in sample46———
Defaults1———
Average loan size$289,559———

What has Two Men and a Truck SBA lending looked like since 2020?

Since 2020, Two Men and a Truck franchisees have taken 51 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.

Charge-off rate by approval year — share of each fiscal year's Two Men and a Truck SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 3 loans; FY2012 0% of 3 loans; FY2013 0% of 5 loans; FY2014 0% of 5 loans; FY2015 0% of 16 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loans; FY2019 25% of 4 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 3 loans; FY2012 0% of 3 loans; FY2013 0% of 5 loans; FY2014 0% of 5 loans; FY2015 0% of 16 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loans; FY2019 25% of 4 loans0%5%10%0%2010n=30%2011n=30%2012n=30%2013n=50%2014n=50%2015n=160%2016n=30%2017n=425%2019n=4
Charge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 3 loans; FY2012 0% of 3 loans; FY2013 0% of 5 loans; FY2014 0% of 5 loans; FY2015 0% of 16 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loans; FY2019 25% of 4 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 3 loans; FY2012 0% of 3 loans; FY2013 0% of 5 loans; FY2014 0% of 5 loans; FY2015 0% of 16 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loans; FY2019 25% of 4 loans0%5%10%0%’10n=30%’11n=30%’12n=30%’13n=50%’14n=50%’15n=160%’16n=30%’17n=425%’19n=4

Loans approved since 2020, by fiscal year — counts only: 0 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 4; FY2021 9; FY2022 8; FY2023 7; FY2024 8; FY2025 7; FY2026 8Loans approved since 2020: FY2020 4; FY2021 9; FY2022 8; FY2023 7; FY2024 8; FY2025 7; FY2026 842020920218202272023820247202582026
Loans approved since 2020: FY2020 4; FY2021 9; FY2022 8; FY2023 7; FY2024 8; FY2025 7; FY2026 8Loans approved since 2020: FY2020 4; FY2021 9; FY2022 8; FY2023 7; FY2024 8; FY2025 7; FY2026 84’209’218’227’238’247’258’26

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010300.0%
FY2011300.0%
FY2012300.0%
FY2013500.0%
FY2014500.0%
FY20151600.0%
FY2016300.0%
FY2017400.0%
FY20194125.0%
FY20204—outstanding
FY20219—outstanding
FY20228—outstanding
FY20237—outstanding
FY20248—outstanding
FY20257—outstanding
FY20268—outstanding

How to read this

A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.

How reliable is this number?

Two Men and a Truck's figure rests on 46 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 46 resolved loans, one default moves the rate by about 2.2 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Two Men and a Truck figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 46 resolved loans — directional, not precise.

Frequently asked

What is Two Men and a Truck's franchise failure rate on SBA loans?
Between 2010 and 2019, 46 Two Men and a Truck franchisees financed with SBA 7(a) loans. 1 defaulted — a 2.2% charge-off rate, 0.2x the Used Household and Office Goods Moving average of 11.2%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Two Men and a Truck a safe franchise investment?
Between 2010–2019, Two Men and a Truck franchisees defaulted on SBA loans at 2.2% versus a 11.2% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Two Men and a Truck franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 2.2% (1 of 46 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/two-men-and-a-truck/ · Data & methodology · Download the dataset (CSV)