Do you need help starting a truck washing center? If YES, here is a sample truck wash business plan template.
One of the common problems faced by new entrepreneurs is that of planning. Many businesses have failed due to hastily and shabbily prepared plans. We will help you avoid this pitfall through our truck washing business plan sample.
This article is targeted at readers who want to establish a truck washing business.
The haulage industry in most parts of the world is ever growing, the introduction of big industrial sectors, the rate at which petroleum products are being consumed in remote locations and the movement of agricultural products from the largely rural sector of most countries to the few over-populated urban centers have meant that the trucking business continues and would continue to grow in the coming years.
TRUCK WASH BUSINESS PLAN SAMPLE
Trucks have become an indispensable part of the business of distribution network all over the world.
Consumer goods, industrial equipment and materials and critical fuel transportation would ensure that trucks of all types, shapes and sizes would continue to ply our roads all year round in all kinds of weather condition.
This means that the trucks would continue to gather dirt, and mud. No weather condition would produce less dirt, there would instead be different types of dirt on the truck at different times.
Professionals and truck companies clean their vehicles on a regular basis to keep them remove corrosive chemicals that have accumulated on the trucks in the line of duty. This, means that a truck or car wash business would be a lucrative investment with reasonable expectation of financial success and profitability in the new future.
Here is a sample business plan for starting a truck wash.
- Search For A Suitable Location:
Location to be the most important criteria for you to get the mobile truck wash business blooming. If the location is appropriate for the business and the use of trucks, then the chance of success is almost fifty per cent guaranteed.
The places to consider should be in the middle of interstate roads where trucks break their journey every day. Near truck mechanic workshops can also be appropriate.
In most countries, places where truck drivers stop to refuel and do minor maintenance are found on the Expressways and major roads in State capitals. All countries have similar locations where a truck wash business has a great chance to thrive.
The space for the truck wash business should be sufficient enough for trucks to easily move and turn with ease without being stuck in between other trucks and structures especially during peak periods.
- Register Your Business Preferably As A Limited Liability Company:
Plan on registering a limited liability company for the operation of the truck wash business. This would ensure that your liability is limited to the assets of the business and your personal assets are protected from the consequences of a truck accident on your business premises.
- Organize your Site:
You have to organize your truck wash location, designate a particular area to wash the trucks, the entrance and exit paths. Make sure that the entrance and exit paths are not the sane to avoid traffic. Create ramps for easy access to the underside of the truck for lubrication and washing.
Also consider the locations for your equipment and materials used truck wash business on the premises and set these out also. It is advisable to build a roof over the washing area so as to be protected from harsh weather conditions when washing the trucks.
- Acquire Equipment And Supplies:
Having designed and organized your space, get needed equipment and supplies. You would need the following equipment and materials among others:
· Power or pressure washing machine with extended hose
· Scrub brushes
· Vacuum cleaners
· Cleaning chemicals
· Water de-ionizing system
If you like to use the scrub and rinse two-step method, make sure you add acid-based soap and alkaline neutralizer among your materials as it helps to remove heavy dirt and grime from the trucks.
- Establish A Financial Framework For The Business
It is necessary to open a merchant corporate account with a bank in the name of the business so you can take both credit and debit card payments. You would need Point-Of-Sale (POS) machines on your premises. Some large company’s drivers are required to make payments by credit or debit cards. So you would need to accept payments through debit or credit cards. This increases your customer base and makes sure that you do not lose any customers.
This method of payment helps to prevent robbery attacks and fraud among employees.
- Provide professional outfit for your employees that have your company badge or logo:
At many car wash businesses across the nation all you see is wretched looking boys or men who really appear scary. provide uniforms for your employees, it makes the employees and your business look professional and your customers are comfortable in your premises. It would also indicate the level of seriousness of your operations. In case you are washing the truck yourself, you too should wear a uniform that gives professional outlook.
- Put Up Your Signpost And Start Marketing And Washing:
Set your business signpost in a strategic location, a place where it attracts a lot of customers. It should be in an area where truck drivers pass by or stop by daily for them to be aware of your business.
Try different forms of advertisement – telling people, distributing posters, handbills, advertising in various newspapers. Let your service be quick and efficient especially to your first customers as it makes your customers loyal and they also refer other truck drivers to you.
To end it all, It is possible to start a truck wash business on any scale either big or small.
People who have a large amount of capital can start the truck wash business on a large scale an any location of their choice with sophisticated equipment.
People with low capital are not left out as they can also start a truck wash with few equipment and continue to expand.
TRUCK WASH BUSINESS PLAN EXAMPLE
As you follow to the end, you are likely to find common mistakes you have made. This plan is not detailed but provides a general overview of what a well written plan should include. You will find this useful because we have stripped it of all non-essentials.
- Executive Summary
Truck Cleaners ® is a mobile truck cleaning business that provides highly efficient cleaning services at our clients location.
Our business model is unique in the sense that instead of coming to us, we go to our clients. All they need to do is give us a call and the rest will be handled. Our business model is such that cuts down significantly on expenses which are in the form of large insurance premiums.
Our equipment are transported using our vans which are also fitted with large signs similar to moving billboards.
These advertise our services while on the move. Because we are a mobile truck cleaning business, we operate from a small office in Oklahoma City, Oklahoma.
Our cleaning services are thorough and designed for trucks of all sizes. Apart from our truck washing equipment, we have cleaning supplies. The types of supply used will depend on the truck size. These supplies include degreaser, washing soap, wheel and tire cleaner, carpet cleaner, window cleaner, plated metal and upholstery cleaner among others.
- Vision Statement
Our vision as a mobile car wash is to establish ourselves as the preferred option among mobile truck washing businesses. We seek to expand our services to cover the whole of Oklahoma within 3 years.
- Mission Statement
At Truck Cleaners ® our aim is to provide only the best cleaning service to truck owners. To achieve this, we will offer prompt response to calls as well as exceed client expectations.
Financing for our truck washing business will come from savings set aside for this purpose. To this end, the founder of the business Peter Doyle has realised the sum of $300,000.00. As our business expands, we will be applying for a credit facility to fully implement our expansion plans.
- SWOT Analysis
An analysis on strength, weakness, opportunities and threats has been carried out. This is to ascertain our level of competiveness. Through this, we will be adjusting our strategies to increase our efficiency. The results of this analysis are as shown below;
Our business model makes us very mobile and able to reach out to clients easily. This makes our truck washing business very convenient as they do not need to be around all the time. Through this, we will be reducing significant truck wash startup costs than when operating out of a fixed location.
Our weakness lies our size. We are a small truck washing business with a single operational vehicle. This means we cannot handle multiple clients at once. We can only be in a single location. The only solution to this weakness is by increasing our fleet of vehicles for enhanced operations. This will also come with new investments in equipment.
There is a huge growth opportunity for our truck washing business. Our major competitors all have business presence in specific locations. We are able to reach our clients wherever they are in Oklahoma City. An added incentive to patronizing us is the convenience we bring.
At our current capacity, one of the main threats we face is in the event of a breakdown of our only vehicle, or our equipment. Although we have ensured that these are in the best conditions, there is still a possibility of experiencing malfunction or breakdown. We will try to avoid this by purchasing more equipment as soon as we can.
- Sales Projections
There is a huge market for our services and an even greater potential for profit after expansion. We have put this into consideration and have drawn projected sales using a moderate demand for services.
- First Financial Year. $100,000.00
- Second Financial Year. $250,000.00
- Third Financial Year. $500,000.00
- Competitive Advantage
An advantage we have is our ability to reach multiple and provide our truck washing services at their locations. Our business model is cost effective as we do not need to incur a variety of expenses including insurance premiums. We can easily increase our capacity by purchasing more equipment and vans. This is an area we are considering soon.
- Marketing Strategies
We need to let truck owners and drivers know about our services. One of the cost effective ways we have done this is through the fitting of a large sign about our services. This is mounted onto our vans and serves as a mobile billboard.
Word of mouth and newspaper and radio ads will be used as well.
- Payment Options
To increase the convenience of our services, we are introducing several payment options. We want our clients to be able to pay with any of the major options available to them. Therefore we will accept cash payments, electronic money transfer, online transfer and mobile money.
Our truck washing business plan sample has discussed some of the measures an imaginary business will take in attaining your truck wash business profitability and growth. You have the freedom to explore as much as you can as long as it helps you get the needed results.