and open your own location in Coquitlam, BC
Coquitlam is a city in the Greater Vancouver Area (GVA) of British Columbia, Canada. Coquitlam, mainly a suburban city, is the sixth-largest city in the province with a population of 139,284 in 2016 and one of the 21 municipalities comprising Metro Vancouver.
COQUITLAM is one of seven (7) exclusive marketing areas (franchise territories) identified by TWO MEN AND A TRUCK® for the Greater Vancouver Area. The Coquitlam exclusive marketing area also includes the municipalities of Port Moody, Port Coquitlam, Maple Ridge and Mission with a population base of 351,783. For franchise candidates looking for multiple territory development opportunities consider aligning this opportunity with Burnaby.
As a bedroom community, the majority of Coquitlam residents commute to work in Vancouver, Burnaby, and other Metro Vancouver suburbs. Coquitlam’s main industrial area lies in the southern Maillardville/Fraser Mills area near the Fraser River. Among the largest employers within Coquitlam are the City of Coquitlam with approximately 850 employees, Art in Motion with approximately 750 employees, and Hard Rock Casino with approximately 600 employees. Other major employers include Coca Cola, and the Marine Propulsion division of Rolls-Royce.
The real estate industry is a key economic driver in British Columbia. In 2017 the Real Estate Board of Greater Vancouver (REBGV) recorded 35,993 homes sales generating $2.4 billion in economic spin-off activity and an estimated 17,600 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $37 billion in 2017. . Year to date residential home sales were 18,378 as at August 2018. Based on the sheer number of homes being listed and sold, the number of people moving from apartment to apartment and condo to condo there is a wealth of opportunity for TWO MEN AND A TRUCK® in North Vancouver and other GVA municipalities.