I am looking to meet people already in trucking business to share ideas about trucking etc. I am in trucking business but not in Nigeria and I will like to establish trucking business in Naija. Any trucker who is willing to share ideas, partner etc is highly welcome to contact. Thanks

You can count on us.

xandy84:
I am looking to meet people already in trucking business to share ideas about trucking etc. I am in trucking business but not in Nigeria and I will like to establish trucking business in Naija. Any trucker who is willing to share ideas, partner etc is highly welcome to contact. Thanks

I'm in the business. Lagos based

Cool. Do you own trucks, drive or manage trucks? What type of truck etc. Please explain if you don't mine. I own trucks and also fix it. I have a degree in Medium/Heavy duty technology

Negro1:

I'm in the business. Lagos based

Count on us!! What does suppose to mean?

Chekitaut:
You can count on us.

Kindly contact me on 08138211644

xandy84:
I am looking to meet people already in trucking business to share ideas about trucking etc. I am in trucking business but not in Nigeria and I will like to establish trucking business in Naija. Any trucker who is willing to share ideas, partner etc is highly welcome to contact. Thanks

Why contact you when you did not even mention if you are in trucking business... Really!!! You can do better.

georgesegun87:
Kindly contact me on 08138211644

xandy84:
Cool. Do you own trucks, drive or manage trucks? What type of truck etc. Please explain if you don't mine. I own trucks and also fix it. I have a degree in Medium/Heavy duty technology

I own trucks. Not a large fleet though. A 30 tons flatbed and two 10 tons truck. I don't have a degree in this line. Much of my knowledge has been gained while on the job and interaction with colleagues and other people in the industry.

Nice. Let's take this conversation off NL. I will hit your mail up. Thanks

Negro1:

I own trucks. Not a large fleet though. A 30 tons flatbed and two 10 tons truck. I don't have a degree in this line. Much of my knowledge has been gained while on the job and interaction with colleagues and other people in the industry.

xandy84:
Nice. Let's take this conversation off NL. I will hit your mail up. Thanks

Bring me in. I am willing to invest provided good agreement and business plan is down.

xandy84:
Nice. Let's take this conversation off NL. I will hit your mail up. Thanks

Seen and replied

Review of The Income Analysis
Invest in Trucking

A dump truck is expected to go at least a trip(traffic) of dispatching Granite to Lagos from Ibadan, Abeokuta or from Ijebu, basically due to road work going on Lagos - Ibadan expressway.

Cost of Truck
Used =N14,000,000
New = N27,000,000

Insurance Comprehensive plan is 5-6% per annum

Hence:
*For Used @average of 5.5% = N770,000 + N14,000,000=N14,770,000

*For New @average of 5.5% = N1,485,000 + N27,000,000 =N28,485,000

Per trip for Used Truck, the truck is paid between N60,000 – N80,000

Running cost per trip is around N20,000 - N35,000(include Driver's wages & Daily Ticketing)

Projected profit per trip in average= N50,000

N50,000 per trip x 6trips per week N300,000 per week

N300,000 x 4 weeks = N1,200,000 per month
This is monthly income within Abeokuta - Lagos

Yearly income = N1,200,000 x12= N14,400,000

Less 35%
Depreciation/Maintenance = N5,040,000

Annual Net Income=N14,400,000 - N5,040,000 =N9,360,000

Input in same in New trucks, the only difference is 15% Depreciation/Maintenance.

it is expected that profit target for used truck after 2years while new is 3years. The maintenance culture will increse by 10% after this years.

For more information contact us
+2348055545355, +2348032887233
https://www.nairaland.com/1226046/make-n200000plus-week-haulage-garnite/2

xandy84:
Nice. Let's take this conversation off NL. I will hit your mail up. Thanks

I replied your last mail. But it returned an error stating incorrect email address

Chekitaut:
Review of The Income Analysis
Invest in Trucking

A dump truck is expected to go at least a trip(traffic) of dispatching Granite to Lagos from Ibadan, Abeokuta or from Ijebu, basically due to road work going on Lagos - Ibadan expressway.

Cost of Truck
Used =N14,000,000
New = N27,000,000

Insurance Comprehensive plan is 5-6% per annum

Hence:
*For Used @average of 5.5% = N770,000 + N14,000,000=N14,770,000

*For New @average of 5.5% = N1,485,000 + N27,000,000 =N28,485,000

Per trip for Used Truck, the truck is paid between N60,000 – N80,000

Running cost per trip is around N20,000 - N35,000(include Driver's wages & Daily Ticketing)

Projected profit per trip in average= N50,000

N50,000 per trip x 6trips per week N300,000 per week

N300,000 x 4 weeks = N1,200,000 per month
This is monthly income within Abeokuta - Lagos

Yearly income = N1,200,000 x12= N14,400,000

Less 35%
Depreciation/Maintenance = N5,040,000

Annual Net Income=N14,400,000 - N5,040,000 =N9,360,000

Input in same in New trucks, the only difference is 15% Depreciation/Maintenance.

it is expected that profit target for used truck after 2years while new is 3years. The maintenance culture will increse by 10% after this years.

For more information contact us
+2348055545355, +2348032887233
https://www.nairaland.com/1226046/make-n200000plus-week-haulage-garnite/2

Give detailed breakdown of what constitute running cost per trip.

Naijabad:


Give detailed breakdown of what constitute running cost per trip.

Diesel, revenue, Driver wages

The depreciation/maintenance projection of #5m is hardly sufficient.

The best practice is to depreciate used vehicles for 3 years and brand new ones for 5 years.

If this is brought into your analysis, then depreciation alone for the fairly used one is almost #5m per annum

Naijabad:
The depreciation/maintenance projection of #5m is hardly sufficient.

The best practice is to depreciate used vehicles for 3 years and brand new ones for 5 years.

If this is brought into your analysis, then depreciation alone for the fairly used one is almost #5m.

I have 5m+ for depreciation/maintenance for 1yr

xandy84:
I am looking to meet people already in trucking business to share ideas about trucking etc. I am in trucking business but not in Nigeria and I will like to establish trucking business in Naija. Any trucker who is willing to share ideas, partner etc is highly welcome to contact. Thanks

Good evening,

I'm the warehouse and logistics manager at a reputable and well known mobile phone brand here in Nigeria with HQ in Lagos. With the plan to service the whole country, we deploy materials at least 3 to 4 times monthly across the country.

Due to expansion to the local cities in all the geo zones in Nigeria, i'll be engaging trucks for long distance like far north, south south region, south east region and the middle belt, while buses like fiat Ducato, fords, j5 will be used for the south west states.

You can reach out as I can assure you of steady jobs from my end. I also have contacts from our competitors, meaning steady jobs is intact for your trucks.

Naijabad:
The depreciation/maintenance projection of #5m is hardly sufficient.

The best practice is to depreciate used vehicles for 3 years and brand new ones for 5 years.

If this is brought into your analysis, then depreciation alone for the fairly used one is almost #5m per annum

I thought you were bringing in something new to what he already had??