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Business To BusinessRe: Make N200,000plus/week On Haulage Of Garnite by Chekitaut(op): 9:10pm On Jul 15, 2020
Do you have a Land? Are you thinking of building a commercial residence structure soon?
Discuss with us let give you a double income to your budget.
We do: Building Construction Building Materials Haulage.
BusinessRe: New Cbn Policy Of Gsi Targeted At Dealing With Chronic/serial Loan Defaulters by Chekitaut: 9:01pm On Jul 15, 2020
Goddys:
Hmmm..Not good for fake big men who live on cheating the system by defaulting on loan payment they have with different banks.

Many of them have choice properties at Lekki while owing millions of naira which they have no hope or repaying
Real Estate & Oil & Gas will be the most affected sectors.
BusinessRe: New Cbn Policy Of Gsi Targeted At Dealing With Chronic/serial Loan Defaulters by Chekitaut: 1:06pm On Jul 15, 2020
Defaulter will put money into more of investment like property...
TravelRe: Dead Tolulope Arotile: Throwback Video Of Nigeria’s Combat Helicopter Pilot by Chekitaut: 10:53am On Jul 15, 2020
I smell rat...
BusinessRe: New Cbn Policy Of Gsi Targeted At Dealing With Chronic/serial Loan Defaulters by Chekitaut: 10:41am On Jul 15, 2020
This is loudable...
PropertiesRe: Please Help Evaluate This Quotation by Chekitaut: 2:51am On Jul 15, 2020
ladyteeks:
What do you think of cost of workmanship?
Negotiate with him downward, i gez it comprises all labour & his supervision fee as well.

Iron bender is 20k/ton
Carpenter: Base box, start up Collums, beam & parameters wood at dpc 80k.
Concrete mixers (all) @200k (Blinding, base, beam, Startup Collums & DPC
PropertiesRe: Please Help Evaluate This Quotation by Chekitaut: 2:28am On Jul 15, 2020
ladyteeks:
Ikorodu, lagos
Price is fair enough slightly high on binding wire, Cement monitor useage, block negotiate is more Cheaper than N230, Water buy horse you can get wster from your neighbors.

Granite i doubt because 30tons is 180k to Ikorodu.
Sand on point, others ok.
PropertiesRe: Please Help Evaluate This Quotation by Chekitaut: 2:18am On Jul 15, 2020
Location of site?
PropertiesRe: General Topic Thread-To Discuss Anything And Everything in Building Construction by Chekitaut: 5:55pm On Jul 14, 2020
redgem:
Buiilders/engineers in here..I need your help, please when moulding blocks(5inch solid blocks), how many bags of cement for a trip of sand? And how many blocks will be needed to raise this plan to lintel level?

The engineer changed the plan, brought the guest toilet out and some crazy adjustments.. Do you think it is right for guest toilet door to be outside?
Change the position of the master toilet to share wall with visitors toilet..
Business To BusinessRe: Make N200,000plus/week On Haulage Of Garnite by Chekitaut(op):
ChybuzzDD:
But trust/integrity is a big issue here.
Nigerians have a high tendency of defaulting on their promises and from agreements.
Have your deal signed with d law. dont do deal on mere family or friendship.

I must tell you building too are faced with that. I hv witness where an engineer request for 300bags of cement but only order less 150bags from Supplier.
Business To BusinessRe: Make N200,000plus/week On Haulage Of Garnite by Chekitaut(op):
Do you know that 6units of 2bedroom or 4unit of 3bedom terrace cost over N40m to build in Lekki, rent per annum is N3m or N4m/annum either option.
If you invest same N40m in trucking in a month you get N3.6m.


Invest with us today and confidently have a good return on investment (ROI) in just 12months.

Take home N1m to N1.2m per month & sleep comfortable why we get you covered.

Contact us: +2348055545355
BusinessRe: Trucking Business by Chekitaut: 7:14pm On Jul 13, 2020
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
BusinessRe: Invest And Earn Big In Haulage (truck) Business by Chekitaut: 7:10pm On Jul 13, 2020
Cutiekatty:
Please, can I have his contact?
Call me
BusinessRe: Trucking Business by Chekitaut: 7:05pm On Jul 13, 2020
Naijabad:
Give detailed breakdown of what constitute running cost per trip.
Diesel, revenue, Driver wages
BusinessRe: Invest And Earn Big In Haulage (truck) Business by Chekitaut:
Cutiekatty:
Do you have new or used trucks? Do you sell? Are you the direct owner or seller?
We sell, we Manage, we lease, we own.

...but is not available for sale now, but a friend hss in stock for sale.
Business To BusinessRe: Haulage Business!haulage Business!haulage Business! In Nigeria by Chekitaut: 5:45am On Jul 13, 2020
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
BusinessRe: Is Haulage Business Viable In Nigeria? by Chekitaut: 5:44am On Jul 13, 2020
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
BusinessRe: How To Start A Transportation Business In Nigeria by Chekitaut: 5:42am On Jul 13, 2020
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
Business To BusinessRe: Haulage Trucks/investing In Haulage Business! by Chekitaut: 5:41am On Jul 13, 2020
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

PropertiesRe: Quality Granite Supply,haulage At A Reasonble Price by Chekitaut: 5:41am On Jul 13, 2020
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

AutosRe: Buy Sinotruk Howo Trucks, Tractors, Tippers, Tankers, Trailers From Richbon Nig. by Chekitaut: 5:40am On Jul 13, 2020
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

Business To BusinessRe: IBL PROCUREMENT/LOGISTICS SERVICE (DOORSTEP/WAYBILL FROM LAGOS TO OTHER STATES). by Chekitaut: 5:38am On Jul 13, 2020
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

InvestmentRe: If You Have Cash And Need Investment Ideas Come In And Reply by Chekitaut: 5:37am On Jul 13, 2020
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

BusinessRe: . by Chekitaut: 5:35am On Jul 13, 2020
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

AutosRe: Higher Purchase On Dump Truck by Chekitaut(op): 5:34am On Jul 13, 2020
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

Business To BusinessRe: Haulage, Haulage, Haulage - Tippers For Hire by Chekitaut: 5:32am On Jul 13, 2020
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

BusinessRe: 30ton Truck Needed by Chekitaut: 5:28am On Jul 13, 2020
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

BusinessRe: Invest And Earn Big In Haulage (truck) Business by Chekitaut: 5:27am On Jul 13, 2020
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
InvestmentRe: Submit Your Investment Ideas And Strategies Here by Chekitaut: 5:26am On Jul 13, 2020
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

Business To BusinessRe: Links To Haulage Threads by Chekitaut: 5:21am On Jul 13, 2020
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

BusinessRe: Trucking Business by Chekitaut: 5:09am On Jul 13, 2020
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

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