Truck Max will be converted into a Pickups Plus retail store and the transaction will mark Pickups Plus's 3rd retail store in Ohio and 11th store operational nationwide.
John Fitzgerald, Chairman and CEO of Pickups Plus, commented, "Based on past performances of Truck Max, we estimate this new location will generate an additional $1 million in sales revenues annually." Fitzgerald continued to say, "This is just the beginning of our strategic plan to expand with the development of new company owned stores, acquisitions and additional franchise locations."
Located in Tallmadge, Ohio, a suburb of Akron, the former Truck Max store is a 4,300-sq-ft freestanding building on one acre of land. The building will dedicate 1,500 square feet for retail space and 2,800 square feet for installation and storage areas. The Pickups Plus store will sell all major brands of popular pick-up and SUV accessories and feature brands such as Leer truck caps, Lund, Westin, and Perma-tech sprayed-on bed liners.
Trucks and SUVs have represented 50% of total North American passenger automotive production. In addition, three out of the five top selling vehicles in the U S are trucks or SUVs as well.
Founded in 1993, Pickups Plus is a national franchiser of retail stores dedicated to the sale and installation of aftermarket accessories for pickup trucks and SUVs. Pickups Plus currently operates three corporate retail stores and has another seven franchise stores, throughout seven states. After several years of development and testing of its franchise system, the company is gearing up to start a nationwide expansion this growing, but highly fragmented industry made up almost entirely of small, independent, non-branded shops.