which of the two is better for transport business in lagos, pls i need your advice on this topic. Thnks

mr seun,puskin, naijacutee, FOD. Pls help me move dis topic to the front page, i wnt to hear peoplez opinion because i wnt to buy it very soon.

Your location (in Lagos) matters a lot...

I think keke, in three to six month u will have times 3 of your capital, u can buy another keke.




But why not buy Suzuki 7seater box, mostly use in satellite town n festac town

bastien:
I think keke, in three to six month u will have times 3 of your capital, u can buy another keke.




But why not buy Suzuki 7seater box, mostly use in satellite town n festac town

i stay @ agege

bastien:
I think keke, in three to six month u will have times 3 of your capital, u can buy another keke.




But why not buy Suzuki 7seater box, mostly use in satellite town n festac town

d guy dat wnt to drive d marwa said dey wil be paying 15k weekly into my acct, nd am even considering hw d marwa wil look after a year.

Henrick007:
i stay @ agege

well u can be working in ikeja with the keke, had someone Who is making it there,just that of recent the keke dey give am wahala and police wahala

Henrick007:
d guy dat wnt to drive d marwa said dey wil be paying 15k weekly into my acct, nd am even considering hw d marwa wil look after a year.

hmmm, keke doesn't last, it gonna look bad after some months

bastien:
hmmm, keke doesn't last, it gonna look bad after some months

dts anoda tyn dat am considering, so u think d golf d wil b ok?

Henrick007:
dts anoda tyn dat am considering, so u think d golf d wil b ok?

I can't say,taxi in lag don't bring money like keke does, just saying sha

bastien:
I can't say,taxi in lag don't bring money like keke does, just saying sha

how much does keke cost in lagos?

is the business profitable?

enomakos:
how much does keke cost in lagos?

is the business profitable?

it's not morthan 400k range 300k-400k




It's profitable in Lagos depending on ur location and task force collection

bastien:
it's not morthan 400k range 300k-400k




It's profitable in Lagos depending on ur location and task force collection

thanks bro

bastien:
I can't say,taxi in lag don't bring money like keke does, just saying sha

d way am seeing tyns, i guess marwa wil b more profitable dan golf3, since it wil fetch me 60k monthly so if it wrk for lik 4mth dts 240k i wil add money nd buy anoda 1.

bastien:
hmmm, keke doesn't last, it gonna look bad after some months

i will sell it after a year

in anyone that you're going for, just make sure you find a good driver. if not they will frustrate you out of the business with little or nothing to write home about. some drivers can be very wicked and transportation business can be complicated at times. goodluck

Henrick007:
i will sell it after a year

cool Yah nice one

iykepromotions:
in anyone that you're going for, just make sure you find a good driver. if not they will frustrate you out of the business with little or nothing to write home about. some drivers can be very wicked and transportation business can be complicated at times. goodluck

yea it true, i totally agree with u. Since i cnt drive it myself so i jst pray nd hope i found a good driver

bastien:
cool Yah nice one

I bought the marwa last week, work starts today

Henrick007:
I bought the marwa last week, work starts today

Goodluck and God bless ur hustle

[quote author=Henrick007 post=31668587]I bought the marwa last week, work starts today

May God Almighty bless your hustle.

Please, how much did you buy the Keke? Cos I intend moving into that same line of biz.

Thanks!

[quote author=justlaw post=31735708][/quote]410k

@Henrick007 Thanks very much

Henrick007:
410k

Henrick007:
410k

Does the 410k cover the paper works too, and also the number plate registration?

sinorte:


Does the 410k cover the paper works too, and also the number plate registration?

no not @all

Henrick007:
no not @all

Hello; how did the keke bizness go? I intend buying 2 soon for the buisness

Typing..

My answers are based on the premise that you want to use the Golf 3 for inter state transport ( I.e within Lagos alone ).

Henrick007:
which of the two is better for transport business in lagos, pls i need your advice on this topic. Thnks

The Keke Napep is Better.

I don't leave in Lagos, but with my experience if I hate anything about the city is the fact that cars are stucked during go slows. I recalled my last visit I had to board a keke around MaryLand in the Morning. It was better and fast. Some People might argue that the Keke can't go far places like from Ikeja to CMS, Obalende , island etc. Well truth is this does not matter as long as you are getting someone to drive the car for you. As this will not increase the daily returns by the driver in any way.

One Joy in business and life is to always see the "QUICK RESULT" of your effort or hardwork, for this alone is a morale booster to do more.

The keke Is a resounding Yes.

bastien:
I think keke, in three to six month u will have times 3 of your capital, u can buy another keke.

But why not buy Suzuki 7seater box, mostly use in satellite town n festac town

Sir you are partially right. But not totally.

The period of complete returns on a keke depends on two things

1. the status of the Keke at time of purchase ( I.e New or second hand )
2. Does your driver work on Saturdays and Sundays ? ( Some people set any return from those days mostly Sunday as maintenance money. Some don't )
3. Agreed fee of return by driver.


There are generally two ways of paying a keke Driver.
1. Hire purchase
2. Daily Balance

I believe the two need no explanation just little extra tips.
I will never advice you to give your keke napep based on returns of Daily Balance. It's a No no. So help you whatever you believe in.

In transportation business drivers can be A pain in the house, don't even trust your brother and Lagos for that reason my brother you have to be wary.
Hire purchase is the best. In the North , Higher Purchase is what is mostly done and in the South East mostly daily Balance.


Daily return vary according to
1. Your state or Location
2. Status of Keke Napepe ( new or old )

In Niger , Katsina for example daily returns are N2000 and N3000 respectively for a new keke napep. And for second hand it is based on negotiation. But in Niger it is roughly N1500-1700/1800.

Note all the price can be subject to negotiation. However am giving you standard normal price.

In Lagos it is N4000 - N4500 ( for those plying Computer Village route ).
Note don't let anyone decieve you for the poster know what he his saying.

Now on the amount to return. There are two ways of paying back Hire Purchase.

1. Negotiated ( you and driver agrees that you bought keke marwa for say N400 and he will pay N700 )
2. Standard ( pay x2 the price. Takes place mostly in North and for second hand marwa ).

Henrick007:
d guy dat wnt to drive d marwa said dey wil be paying 15k weekly into my acct, nd am even considering hw d marwa wil look after a year.

Well truth is if you are given him on hire purchase them you can accept this. All you will do is know that you divide the amount you bought the keke by the amount of daily return to get no of weeks he will pay back.

Mathematically.


( Amount keke was purchased / weekly return ) = No of weeks to pay Up

Everything is subject to negotiation but use the standards to determine your decision.

Henrick007:
dts anoda tyn dat am considering, so u think d golf d wil b ok?

No don't do the gold because of issues with car and drivers and believe me I don't know if its just me because I don't stay in Lagos. But how do you cope when drivers drive that way?

Drivers will kill your golf early and depreciate the value, except you want to go the drop way or get a good driver. Besides return will not encourage you. To do more.

bastien:
hmmm, keke doesn't last, it gonna look bad after some months

No it depends. On how your driver manages it. And carry's out maintenance.

Sir what if I tell you that this keke is 5Month Old? You will call me a liar right?

I bought this keke way back in January February when I started the keke biz. I bought it like this

Ymodulus:
Typing..

Abeg type fast. I know sey u get experience wella for this thing.

@ Henrick007

I will advice you that if you want to go into the keke Napep business please get second Hand Keke Napeps not New one. Believe me it's best to bug something new good. But getting a good second Hand Keke Napeps is around 110 - 140k and the person will pay you double.

In Lagos you can easily make your money in 2 months 1week ( exact time frame my friend used to get hers back ).

There are good keke Napeps second hands.

Once more go for good second hand and not new ones. Many may decieve you that new are best, yes they are good am not disputing this. But me and you need sharp good fast money then second hand is the way.

I started this business way back January last month I imported 19Keke Napeps TVS Portharcout Port. I know what I say when I say it. Second hand is good.

Below is second hand roughly 4months old. Bought at 120k as at when I got it then. It is no longer mine, gave it on hire purchase but I do chat with the driver as he gets me more drivers and we are friends.

Your first is always your best

Ymodulus:
@ Henrick007

I will advice you that if you want to go into the keke Napep business please get second Hand Keke Napeps not New one. Believe me it's best to bug something new good. But getting a good second Hand Keke Napeps is around 110 - 140k and the person will pay you double.

In Lagos you can easily make your money in 2 months 1week ( exact time frame my friend used to get hers back ).

There are good keke Napeps second hands.

Once more go for good second hand and not new ones. Many may decieve you that new are best, yes they are good am not disputing this. But me and you need sharp good fast money then second hand is the way.

I started this business way back January last month I imported 19Keke Napeps TVS Portharcout Port. I know what I say when I say it. Second hand is good.

Below is second hand roughly 4months old. Bought at 120k as at when I got it then. It is no longer mine, gave it on hire purchase but I do chat with the driver as he gets me more drivers and we are friends.

Your first is always your best

Wow...nice indepth analysis. Thanks for taking your time

Where can I get to buy good second hand tricycles, or can you help with that?

I'm in Abuja. I bought 4 pieces and I didn't do hire purchase. I get 56k every week on them and I'll have to confess I got a bunch of drivers with good heads. Only one of them tried to be funny but I put him in line soon enough and he knows I will not suffer fools. I spread them on different routes to minimize joint risks. Payday is Sunday and I'm wondering why I wake up on Sunday mornings feeling excited.
I plan to sell them all off by the time they are all one year old when I've recouped investment cost and about 15% to take care of inflation and cost of initial capital. The sale can be said to be my net profit for the deal. So far so good. Very good in fact.