₦airaland Forum

Hmmm

Remember you are going to pay dews before joining NURTW or ROAD

There are times you won't go more than one trip or none.

You will pay conductor.

If you will buy TOKUNBO, you will gain enough before you start spending maintenance fee (Enough gain if you are going to drive it yourself)

Don't calculate your expectation daily, you can only project what you will earn weekly not daily. Reason is anything can happen. Bus may develop fault, a minor accident can occur and also, you can only manage to load your bus once or twice from garage

Lifeless comment.

jyz200:
Go go play bet9ja 2 odd
And thank me later

[quote author=anigbajumo post=71697112]

I dunno about bus but truck,am a truck transporter but wait, u wan make 2.1 million naira monthly?? I laugh @this guy level of ignorance,We truck transporter barely made 500k per month not to talk of million.

[/quote
Bros abeg how can I be a truck driver?

Luciferlove:
Oga tissue paper I hail oh!!!

So the bus won't break down...agbero will not collect there cut....police will not take there own...After work,you'll now tell your conductor "thank you oh...come on time tomorrow" and above all you will be running your bus on solar... Oga do the math again

lol...didn't really put that into consideration.. Although I think police do not disturb standard buses with legal permit

I was banned by anti spam bot on my main

TissuePaper:
Please nairalanders I need you guys to share your views on how lucrative you think the transportation sector is, especially the gurus in the business.

I'm thinking of buying a fairly used Toyota Hiace bus which costs about 3.5 million naira and I think it's a fair deal considering the profit I think I'll be making every day.

The bus should have 18 seats so that gives me 18,000 naira per trip, I'm thinking of plying interstate from port-Harcourt to Bayelsa which costs 1 thousand naira per person.

Therefore, if I can be able to make 4 trips in a day that gives me about 72000 naira returns everyday, giving me about 2.1 million naira per month.

Pardon me... I just did this little mathematics out of naivety as I do not really know the complexity of the transport sector, that is why i need your views, opinions and advice so that I don't hurt myself in the end.

However, if everything is as it seems then I think I would have to invest massively in the transport sector smiley

Bros when u start de transport business now. Even to save dat 1 inside de 2.1 go had u. Buh try use ur hand drive am as u de start

dust144:
Let me ask Amechi.

No ask buhari...he has the full details

despi64:
The most lucrative. It's more than lucrative. 4 trips in a day? Na only your bus go dey road?

do you think it is going to be feasible?.. How many trips per day do you think I can make on maximum?

[quote author=LargeProfessor post=71697410][/quote]Boss,dea is difference between a truck driver and truck owner... Hope u knw??

ahiboilandgas:
4 trips per day are u the only bus in town

lol.. How many trips per day do you think I can make on maximum?

Is lucrative, but I will advice you to instead used the money and buy fairly used tiper, the one of benz head 6tires, and see money flowing like water, doo you need to learn how to drive it first, that's my advice

Very lucrative if handled by urself but suicidal if given to another person no matter how close.

I am currently prepared to enter into Transportation, you can partner with me let's do it together since i am very experienced in the business. I have a registered company under CAC to run a transportation business. transportation business is very lucrative whether you are to drive for yours or someone is to drive for you, or you need is to acquire the skills to manage the business. [color=#000099][/color]

Please find your way to an organised transportation company and hear their bargain. I guess is far less risky.
Running with plain ignorance is risk on it owns.
Don't test for yourself without trusted guidance to reduce cost, risk and improve your control on your earning. Best of luck.

TissuePaper:
Please nairalanders I need you guys to share your views on how lucrative you think the transportation sector is, especially the gurus in the business.

I'm thinking of buying a fairly used Toyota Hiace bus which costs about 3.5 million naira and I think it's a fair deal considering the profit I think I'll be making every day.

The bus should have 18 seats so that gives me 18,000 naira per trip, I'm thinking of plying interstate from port-Harcourt to Bayelsa which costs 1 thousand naira per person.

Therefore, if I can be able to make 4 trips in a day that gives me about 72000 naira returns everyday, giving me about 2.1 million naira per month.

Pardon me... I just did this little mathematics out of naivety as I do not really know the complexity of the transport sector, that is why i need your views, opinions and advice so that I don't hurt myself in the end.

However, if everything is as it seems then I think I would have to invest massively in the transport sector smiley

Since you're in PH where there is UBER

Buy correct Toyota Camry around 1.5-2m keep the remaining money in your account (or you can send it to me if you don't want) then register your car with uber and drive it by yourself.

I bet you if you hustle well, you will make nothing less than 50k a week excluding your feeding and fueling. Since you're

Thank me later

Very lucrative only if you can do the following:

If not just forget about it

TissuePaper:
Please nairalanders I need you guys to share your views on how lucrative you think the transportation sector is, especially the gurus in the business.

I'm thinking of buying a fairly used Toyota Hiace bus which costs about 3.5 million naira and I think it's a fair deal considering the profit I think I'll be making every day.

The bus should have 18 seats so that gives me 18,000 naira per trip, I'm thinking of plying interstate from port-Harcourt to Bayelsa which costs 1 thousand naira per person.

Therefore, if I can be able to make 4 trips in a day that gives me about 72000 naira returns everyday, giving me about 2.1 million naira per month.

Pardon me... I just did this little mathematics out of naivety as I do not really know the complexity of the transport sector, that is why i need your views, opinions and advice so that I don't hurt myself in the end.

However, if everything is as it seems then I think I would have to invest massively in the transport sector smiley

The estimated earnings here are based on the "bestest scenarios"

Now think of the worse scenario.

If you can make 900,000 a month rather than 2.1m after expenses, are you cool with that?

Please if you are not going to drive it yourself, don't venture into it except you want to develop bp. I am talking from experience.

TissuePaper:
Please nairalanders I need you guys to share your views on how lucrative you think the transportation sector is, especially the gurus in the business.

I'm thinking of buying a fairly used Toyota Hiace bus which costs about 3.5 million naira and I think it's a fair deal considering the profit I think I'll be making every day.

The bus should have 18 seats so that gives me 18,000 naira per trip, I'm thinking of plying interstate from port-Harcourt to Bayelsa which costs 1 thousand naira per person.

Therefore, if I can be able to make 4 trips in a day that gives me about 72000 naira returns everyday, giving me about 2.1 million naira per month.

Pardon me... I just did this little mathematics out of naivety as I do not really know the complexity of the transport sector, that is why i need your views, opinions and advice so that I don't hurt myself in the end.

However, if everything is as it seems then I think I would have to invest massively in the transport sector smiley

It is lucrative only to the one that drives the vehicle except the owner is a known ruthless and fearless individual. If your drivers know that you are ruthless, they will fix any damage to your vehicle without telling you.

Guy let me put it clear to you, you are just building castle in the air. Yes, it's #1000 per persenger from Bayelsa to PH but you should understand that your bus will not be the only one on the route, when you get to the park you will see other drivers already on queue waiting to load, and for now if you manage to load one trip to PH and back you will thank your God. Moreover, immediately you load your bus in the park you are to pay commission to the park management, that is if you load #15000 you will pay not less than #3k and also pay some money to the touts that help you to shadow the bus and pay for local and state tickets before you will be allow to leave the park. If you don't pay when you return your bus will be impounded and fine paid before you will get your bus.
In conclusion, apart from the loading from the park there other busses that pick passengers along the road that also make it difficult to get enough passengers in the park. So do a thorough research and look before you leap. Thank you

cvibe2:
Very lucrative only if you can do the following:

If not just forget about it

the following?

Transport business is an open business

Take a survey of the routes you want to ply

Check their union to know thier cost and requirements to be registered and be a member

Run the business yourself to know the nitty gritty of it

Look out for fuel stations with good pump price

Get a reliable mechanic that can be the only one to handle it

Be ready to do servicing of the vehicle at least once a month

After one good year evaluate the business and see if it Worth's it or not

This is one of the best way to prove if its a worthy venture

Gagare1:
Brother, the transport business is very lucrative if, and only if, you drive your vehicle yourself. I owned a sharan minibus about a year ago, and I can confidently tell you that I made about 10,000 naira daily travelling from Kano to Abuja (Zuba) and back. This figure is after fuel, union, men in black, and meals are accounted for. I placed myself on a daily salary of 3,000 naira while 7,000 was kept for business expansion. I lost the vehicle barely two months after buying it when my brother condemned it in an accident due to recklessness. Transportation is good, lucrative and without chains from bosses if you manage it yourself. But if you get a driver, that person can ruin you completely. I learnt this lesson the hard way. Now am back to square zero (unemployed) because my NYSC savings was what I used to buy the vehicle.

thinking of entering the transportation sector, but not inter states transportation but within tertiary institutions...
What ur take on it.

Every thing in life is all about risk

grandstar:
The estimated earnings here are based on the "bestest scenarios"

Now think of the worse scenario.

If you can make 900,000 a month rather than 2.1m after expenses, are you cool with that?

hmm.. Considering the huge amount I will be investing in it...i don't think it'll be a bad bargain tho

What about buying and giving out on hired purchase, whether keke Napep or even bike?

Anyone have advice on that?

Emusan:
Since you're in PH where there is UBER

Buy correct Toyota Camry around 1.5-2m keep the remaining money in your account (or you can send it to me if you don't want) then register your car with uber and drive it by yourself.

I bet you if you hustle well, you will make nothing less than 50k a week excluding your feeding and fueling. Since you're

Thank me later

the thing about uber is that it is not in my state.. So doing uber would mean I would have to travel to Lagos or Abuja... I don't think I'm cool with that at the moment

Don't you think that the 2.1m per month estimate is very high considering a lot of factors ?. That business is so not easy, as a matter of fact I would go for a different business with such amount you have than transport business, my experience with hired drivers and my opinion though.

Tissue:
lol.. How many trips per day do you think I can make on maximum?

go and do marketing research ....only 5 k can help you do that ....that how to invest

Death trap roads will destroy your vehicle in no time,no matter how careful you are. Coupled with unruly traffic regulations,policing and touting.

Nigerian infrastructures,mindsets and policies are too primitive for the 21st century vehicular activities.

Most drivers are demonically wicked! If they are not so, why would a driver sell the 4 brand new tyres you mounted on your bus and replace them with fairly used tyres that he bought himself?
Why would a driver use your bus to convey bags of cements beyond the capacity of the bus and give you a token after destroying the shock absorbers?
They will buy all sorts of cheap fuel since the vehicle is not theirs.
A friend who took loan to go into the business a few years back is still paying the loan but the buses are no longer on the road. Thank God he has a paid job.
Just imagine ... you have a paid job and also have one or two buses plying Port Harcourt -Lagos... if one of your drivers call you that your bus has broken down somewhere around sagamu, will you leave your office and start travelling to Lagos?

Emusan:
Since you're in PH where there is UBER

Buy correct Toyota Camry around 1.5-2m keep the remaining money in your account (or you can send it to me if you don't want) then register your car with uber and drive it by yourself.

I bet you if you hustle well, you will make nothing less than 50k a week excluding your feeding and fueling. Since you're

Thank me later

No uber in pH

Only ceetytaxi and pamdrive