A Two Men and a Truck resale is built around the branded moving-truck fleet and the crews that run it — vehicle titles, financing payouts, and CVOR safety-fitness standing all need to move to the new owner alongside the territory itself, on top of the usual franchisor consent and lease considerations.
Two Men and a Truck resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.
Getting approved
Buyer and seller sign, with a deposit held in trust and conditions built around franchisor consent and confirming the fleet being sold.
1–2 weeks†Two Men and a Truck's franchising team reviews the incoming operator's application and financial qualification, and considers any right of first refusal.
3–6 weeks†A franchise disclosure document may still be required even where the deal is framed as a private resale — Ontario courts read the resale exemption narrowly, so this gets confirmed early rather than assumed.
assessed early, in parallel†Getting to closing
The branded truck fleet, any dispatch-office lease, and the moving company's cargo and liability insurance all get confirmed and transferred or reissued to the buyer.
2–6 weeks†The incoming owner, or a designated manager, typically completes franchisor operator training before or shortly after taking over.
1–3 weeks†Funds, vehicle titles, and signed documents change hands; we track final franchisor sign-off and CVOR/insurance confirmations through to completion.
1 day, plus a short tail†CFA listing confirms an active Canadian franchise network via franchise.twomenandatruck.ca.
Ontario locations within its Canadian franchise network.
This is the first real decision in a Two Men and a Truck resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.
| Question | Asset purchase | Share purchase |
|---|---|---|
| What you buy | The branded truck fleet, territory rights, customer relationships, and the benefit of the existing franchise agreement, subject to consent. | The shares of the operating company — the fleet, the territory, and everything the company owes. |
| Franchisor consent & ROFR | Required for this specific territory, and typically the pacing condition on the whole deal. | Required for the change of control itself — the franchisor reviews who is actually taking over the company. |
| The truck fleet | Vehicle titles, any financing or leases, and CVOR safety-fitness standing transfer or get reissued to the buyer. | Generally stays registered to the company, with CVOR notified of the ownership change. |
| Cargo & liability insurance | New policies typically need to be put in place in the buyer's name before the first move under new ownership. | Existing policies can often continue, subject to notifying the insurer of the change in control. |
| Tax angle | Buyer gets a stepped-up cost base on the assets purchased. | Seller may access the lifetime capital gains exemption on qualifying shares. |
| Typical use for a Two Men and a Truck territory | The default for a single territory changing hands. | Less common — occasionally used where an operator holds several territories under one company. |
The branded truck fleet, territory rights, customer relationships, and the benefit of the existing franchise agreement, subject to consent.
The shares of the operating company — the fleet, the territory, and everything the company owes.
Required for this specific territory, and typically the pacing condition on the whole deal.
Required for the change of control itself — the franchisor reviews who is actually taking over the company.
Vehicle titles, any financing or leases, and CVOR safety-fitness standing transfer or get reissued to the buyer.
Generally stays registered to the company, with CVOR notified of the ownership change.
New policies typically need to be put in place in the buyer's name before the first move under new ownership.
Existing policies can often continue, subject to notifying the insurer of the change in control.
Buyer gets a stepped-up cost base on the assets purchased.
Seller may access the lifetime capital gains exemption on qualifying shares.
The default for a single territory changing hands.
Less common — occasionally used where an operator holds several territories under one company.
We tell you which structure fits — before you sign anything.
No open-ended hourly surprises — the cost is confirmed in writing before any work begins.
| Type of work | Fee | How it's confirmed |
|---|---|---|
| Straightforward purchase or sale | Starting from $3,388.87 Our charges · taxes included | Confirmed in writing once we see the agreement. |
| Larger or more complex deal | Quoted to scope | Short call → fixed written quote before any work begins. |
| Searches, filings & third-party fees | At cost | Itemized on your invoice, not marked up. |
A single Two Men and a Truck territory with an established fleet and crew, one buyer and one seller, a standard consent process.
Start my file →An operator selling multiple territories, or a deal where fleet financing and CVOR standing need to be sorted through before terms are final.
Book a consultation →Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.
Both — the branded truck fleet is usually the single biggest physical asset in the deal, and its titles, any financing, and CVOR safety-fitness standing all need to be confirmed and transferred alongside the franchise rights, not treated as a formality.
Not automatically. A new cargo and liability policy typically needs to be arranged in the buyer's name before the first move under new ownership, though some insurers will allow an existing policy to continue once notified of the change in control. We confirm which applies to your deal.
Not necessarily. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in the resale can be enough to trigger a full disclosure requirement anyway. Whether it applies to your deal gets confirmed early, not assumed from the word 'resale.'
Generally not automatically — ROFR reimbursement isn't a standard feature of most franchise agreements, which is exactly why we negotiate how those costs are treated in your purchase agreement before you spend heavily on diligence.
Employment Standards Act continuity rules typically shape how staff carry over on an asset-sale transfer. We walk through what that means for your specific crew before you commit to a structure.
Related
Where we close franchise resale deals
Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Two Men and a Truck or its franchisor.
Tell us about your Two Men and a Truck resale — we'll point you the right way and confirm the cost in writing before any work begins.