Truck Wash Business Case Study

Often sensible entrepreneurs search for out of the best way companies, issues out of the mainstream however companies, which have a great buyer base and regular incomes. This is a particularly fascinating story. I had at all times thought-about the cell truck washing efforts to be very worthwhile and believed that fastened truck washes had been a giant waste of cash. That was till one 12 months when a brand new franchisee joined our workforce from Oklahoma City. I run a franchise firm referred to as the Car Wash Guys; http://www.carwashguys.com. Turns out the franchisee was previously employed by Blue Beacon Truck Washes the biggest chain of truck washes within the US. They do about $138,000,000 per 12 months with 80 truck washes and the corporate may be very intently held. Tim our franchisee was a truck supervisor for them and earlier than shopping for into our franchise and began washing vehicles in OKC although he is aware of truck washing finest. He had a two-year non-compete together with his outdated firm, which we now have honored in OKC. He has tons of expertise and had indicated to me that the enterprise is sound and we should always actually get into it. Later that 12 months I bought a franchise to an individual in WA State who owned automotive washes (5) and he made a take care of a truck cease on an Indian Reservation, he by no means began the plan, however the numbers we ran on the spreadsheet appeared nice and really worthwhile.

Even as a serial entrepreneur, I had by no means thought-about the fastened web site truck wash enterprise, because the cell truck wash enterprise appeared a lot extra environment friendly and so little over head; http://www.truckwashguy.com . So even with all this data on the workforce we nonetheless didn’t enter that market. One of our rivals within the automotive washing trade purchased up two

truck washing chains for a complete of fourteen truck washes and proclaimed it extra worthwhile than his different automotive washes by 5 instances as a lot cash. They now personal practically 100 areas of truck and automotive washes nationwide. After wanting into it some extra a franchise purchaser who owned Fuel MAN, an East coast Fuel Card for fleet house owners approached us in South Carolina to make use of the Truck Wash Guys title and develop a truck wash mid state. At that time we determined to start out engaged on the small print. Then a franchisee in OH made a take care of a truck cease between Columbus OH and Pittsburgh, to function a 24 hour truck wash and de-ice enterprise. He thought how straightforward that is and now so we now have made deal in WV at a truck wash as nicely. Our Ohio Franchisee on the time took on one other associate in WV.

Still reluctant to completely dive into the subcategory of full service truck washes we discovered our Ohio Franchisee going full weapons to place collectively a take care of Pilot Truck Stops. Pilot Truck Stop has probably the most Truck Stops on the Planet and sells 8% of all of the diesel gas within the United States. So we deliberate a pilot program at pilot. Our short-term arrange is a trailer unit, which sits on the truck stops and washes made sense. We then labored on plans for a constructing to submit them to the Building dept. for approval, in the meantime the offers in

OH and WV and SC had been instantly within the works. We figured if our take care of the truck stops labored nicely, the Truck Stops will get extra site visitors and gas gross sales whereas we generate

income and a proportion of the full take for the truck cease for the privilege of working there. We are so use to washing vehicles and have on our workforce a gentleman who sells simonize truck wash and has been within the automotive washing and stress washing tools enterprise for 20 years. By utilizing the gas man gas playing cards as foreign money on the east coast and title recognition of Pilot we figured we might transfer into this trade and decide up the slack.

There is a scarcity of truck washes throughout the nation and likewise a scarcity of oil change services for vehicles. A franchisee could possibly be educated by our truck wash prototypes and possibly on the highest performing franchisee in our cell truck wash

division; then rapidly arrange in their very own markets. Pressure Washing corporations which specialise in fleet truck washing ought to in actual fact take into account any such technique for transferring into the fastened web site truck washing enterprise.

If you examine entrepreneurial corporations you’ll in actual fact see that many corporations fall into markets resulting from alternatives which current themselves, it’s superb the alternatives which exist on the market and how briskly corporations can develop once they can deal with the demand of these markets. Think on this.



Source by Lance Winslow

Leave a Reply

Your email address will not be published. Required fields are marked *