Truck Wash Market Business Realities in Mississippi Considered
Not long ago, someone had e-mailed me from the Great State of Mississippi, who happens to be along the I-59 freeway.
Apparently, he had been watching one of the Discovery Channel's specials on trucking and noted that truckers need more places to park at night, and that there were more rules and regulations on their hours of service.
Thus, he was wondering because he found a very good location along that freeway if he thought it would be a good idea to put in a truck wash.
Yes and no, I told him, as I have traveled on I-59 myself numerous times.
Let me explain some of my thinking on this, and perhaps it will help you if you are considering putting a truck wash somewhere in the United States.
Yes, due to the new DOT hours of operation rules there are challenges for places for truckers to stop and rest, many rest stops are being closed by states to save money, and there are anti-idling laws now to reduce pollution, challenging the climate control issues in the cab - too hot in summer, too cold in winter.
So, systems whereby they can plug in become very worthy, add WiFi, showers, parking, to it, they'd stop and partake, however, the truck wash business is obviously labor intensive.
When reviewing his location, I noted that there was another highway coming into the I-59 right about where he planned to put his truck wash, nevertheless, there was some competition in Meridian, Mississippi, which has a truck wash and truck stop down the road, which is pretty close to Space Way Truck Stop and Travel Center and it's huge and on I-20 too.
You know that's the right location, too bad someone already built one there.
So I told the gentleman interested in building his own truck wash; "sure you'll have local traffic but, you are going to have to compete with his level of traffic flow.
It is hard to say sir, I mean you could make it work, but you are talking a lot of cash outlay for not such a stellar location.
Yes, there are strategies you could do to make it viable, but it's not like you are going to go in and kill it, it would be a bit of work.
" Indeed, it's also a matter of having a good business plan, and getting a good deal on a piece of property, and having all the financing arranged to build a truck wash, plus the cash flow for the super 6 to 10 months as it gets going.
If you are also considering on building a truck wash somewhere the United States - let me know your thoughts on this and we can discuss more.
Please consider all this.
Thank you.