Speedy Freight Franchise
To buy a franchise with Speedy Freight, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $175,000. Speedy Freight charges a franchise fee of $49,500.
Franchisor Details
Total Units: 57
Year Founded: 2006
Franchising Since: 2011
Home Office: Irving, TX
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $50,000
Net Worth Required: $175,000
Total Investment: $71,900 – $163,000
Franchise Fee: $49,500
Royalty Type: 30% of gross margin
Vetern Discount: Veteran
*Speedy Freight is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, Canada, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wisconsin, Wyoming
Values & History
Speedy Freight was founded in 2006 in the UK with a focus on personalized, professional, and punctual logistics services. Starting small, it has grown into a trusted brand with over 60 branches across Europe and now expanding in the U.S. Their core values prioritize exceptional customer service and reliable delivery, combining human expertise with advanced technology.
Industry Performance
The U.S. logistics industry is booming, generating over $450 billion in revenue in 2024 and expected to grow steadily with a 6.7% annual rate through 2030. This growth is driven by rising e-commerce demand, advances in technology like real-time tracking, and businesses investing in more resilient supply chains. Increasing cross-border trade also adds complexity and opportunity. Overall, the market offers strong, ongoing potential for logistics providers like Speedy Freight.
Training & Support
Speedy Freight provides new franchisees with 80 hours of initial training - half classroom, half hands-on - plus eight weeks of onsite support. Ongoing resources include coaching, an intranet platform, newsletters, and regular meetings to help drive growth and success.
Ideal Candidate & Qualifications
Speedy Freight seeks franchisees with strong business and customer service skills, ideally with sales or management experience. Candidates should be comfortable using technology and motivated to grow a service-focused logistics business, whether hands-on or managing a team.
Purchasing a Speedy Freight Franchise
The full range to open a Speedy Freight Franchise can be anywhere between $71k-163k. They typically look for around $175k net worth and $50k liquid capital to get started.
Speedy Freight is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Speedy Freight is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.