Do You Know That There Is Big And Consistent Money In Haulage Business?

Fhemmy,
I think the original poster should step in now and enlighten you on these issues that i have raised, im not the one selling the business to you. Even if you have access to parts in Canada or the USA are u going to leave your truck idle in Lagos until the parts get there? You need something that can be accessible to you in not more than an hour or less so that the truck can keep working.  You don't want a situation where your truck is parked for weeks pending repairs/parts cos you insisted on buying a Volvo. As far as income is concerned all i can say is the truck will rarely work 5 days a week every week, and even if hes only doing transfers there is still a lot of other expenses that he is conveniently leaving out.

Truckhead and flatbed for sale.


Hey guys for anyonewho wants to get into this business and need to buy flatbed or/and truck head, i have flatbeds for sale.
Just cleared from the apapa

Flatbed - 40 feet cost 1.2m
Truck head - Daf 85 ATI 2.4m

email me on anthonia@accamail.com.
Thanks

, folks, listen to what @hauler is saying- he ain't lying;

there're so many hidden and inconceivable costs from LASMA, the cops, touts, area boys, etc. that you have to settle DAILY that it's real difficult to put a profit and loss statement in place. Insurance is very important also esp. the goods in transit insurance, so also is where you park your truck(s) at night- I've had a couple of brain boxes stolen from my trucks, chained down rims/spare tires stolen, etc, etc.

If you're gonna get into the biz you better make sure you have someone real trustworthy running the show for you- preferably someone who's ass you can kick and trust me you'll feel like kicking some ass sooner than later. I always have my baseball bat handy- so if you ever see some guy out there wielding a baseball bat- c'est moi! It really is a cut throat biz- get ready to WORK and get dirty so if you've held a desk job all your life this might not be the biz for you! I kid you not! Remember you're gonna be in the burning heat!!

If you do business in the ports at Apapa you'll have to 'grease' some palms there also. I wouldn't have believed all the shenanigans that go on in the biz if i ain't witnessed it first hand.  You cannot possibly split yourself between the number of trucks you have so once again you're at the mercy of your manager(s) and drivers and they'll inflate cost of repairs, fines, or anything they can think of.

That said, so what's the bottom line- is there money to be made in the biz- a hell yea- if you have the stomach and skin for it!!!
'Nuff said.

P.S. Another way to conduct the business is just rent the truck out to someone you know but then you again run the risk of not getting your monthly dues on time so whichever way you look at it- you're screwed, but don't get me wrong some people get their money regularly and if you've warned the drivers and managers that if they $&G* up you'll put a cap up their asses- you might just make it. 

Best of luck y'all- you'll need it but do listen to @hauler he seems more realistic than the other fellow!- my two cents!

One last thing- when the money starts rolling in- and it will roll in- make sure you save a lot of it 'cos all of your trucks might just decide to break down at the same time- God forbid but it happens!!!!

I've also heard that they're a lot of fetish people in the biz but I pray i never run into 'em! Keep God first (baseball bat 2nd) and you should be okay!
 

By the way- I used to be a suit and tie-sit-behind-a-desk guy, got tired of that but see what I've been turned into- go figure 

@Phemmy-- thanks for the insistence and consistency in letting the contributors break it down to us in lay man's language. i think i know u

@ Hauler, thanks for maintaining your stance and giving us insight to the pros and cons of the business.

@ LORACLE, i really appreciate your comment, it's an eye opener. I'm still a shirt and tie person u used to be but i won't mind going into this business soonest. I have a large heart who can undertake the risk, i really have flair for it and making necessary move in getting my own truck.

@hauler / Loracle--- i'll appreciate if you can email me at akinmain@yahoo.com so as to get your contact addy and i'll follow up thru mail with you.

thank you, GOD Bless

@Tobilola
Pls kindly  add me  2  your  mailing list , My email address is sonety2k@yahoo.com .

Regards

Thank y'all for the insight and very candid opinions

These words are invaluable, give me some more, 

Our Lagos, Yale and Harvard business school guys had beta come and learn on dis our Naija forum!