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KingWarri:

Thanks for your response....
Is there any paperwork like drivers license?

Yer der is but it's normally ignored by the police... Seens you are always doing the needful

VlamesIffect:


This is just a business idea, you don't actually run keke business.

All you put was the cost of buying one. Removed all the main expenses that can be eating into profits. & Then put how much could be made.

Very impractical. Plans or ideas on paper is not the same in real life.

MODIFIED:

O.P they said i should construct my criticism.

So, Please kindly be more realistic & practical in your approach.

I would have ignored this but sometin stroke me to reply... I can create a video of me at work... I don't share ideas I don't have a clue on... If you have any question feel free to ask... An get answers...

Esji80:
pls briefly explain how this hire purchase work

If you get a new Keke for a millionaire or above it's left for you to decide how much profit you want from it.... Best advice is to ask people driving around your area how much hire purchase is given out there... The price varies it's not a nation wide tin... Over here 1.6 - 1.8 depending on the owner... If you got it for 5ook. 700k to 800k is OK ... For brand new one weekly returns should be 25k
For old one 20k should be OK every week...

KingWarri:

Please add the following:

*Your location (state)
*Price of Daily consumption of fuel.
*Any common Keke problem.
Thanks in advance.

*Your location (calabar)
*Price of Daily consumption of fuel. #1500
*Any common Keke problem. Leg cup, shoe break... Spizer, packing, all are common issue wit less expenses....

Greenarrow01:


Sorry
You mean hire purchase is 1.6 million naira
So how much will the keke man be bringing daily and how long will be pay it for ?

That's dpends on your agreement...
But in my on case 25k every week

KingWarri:

Please add the following:

*Your location (state)
*Price of Daily consumption of fuel.
*Any common Keke problem.
Thanks in advance.

OK

I will give you step by step on how I started Keke business...
1. I got a fairly used Keke for# 500,000
You can get it cheaper depends on the condition of the Keke
Condition : first make sure the haven't temper with the engine.. It's OK it the have rings the Keke once
2. I looked for a driving root that has less tout
3. I got my self familer with the bus stops
4. I got to know tickets to buy and the right people to settle especially police
After all this is been done you are good to go
5 How long dose it take for some one to know how to drive Keke ( it took me just 2days... For some person a day is OK.. It's very simple all you have to let go is fear)
6. How much can be gotten from Keke
Did is always the main reason for every business... Keke on like every other transport business is paying alot in fact if you are earning 80k a month you are so behind a Keke driver....
7. Daily income of a Keke driver is minimum of 5k and above dis is after every expenses including his feeding for the day...
So if we are working with an untouched 5k daily times 10days we are talking about 50k just in 10days
Advise: the best way to make money from Keke is if you are the one driving it!
Or hire purchase
Will not advice you give your Keke to some one for daily pay doe we still have good ones who will give you less issue


I will keep on posting on how I used one Keke to get 3 if I get reaction I'll keep updating

slimmax:
A used one for 400k go make sense to start .with your analysis one can recoup the capital in 2months

400k you can get a good one but it won't be the new model example tvs double pigeonhole
But one pigeonhole can still get you bk 400k but not in 2months 3months you can achieve it and have a little interest reason base is maintains.... It's less expensive but you got to mk sure it's in order... Especially... Greasing of the leg and changing of engine oil at list evry 2weeks

Nicoswit:

Nice analysis op.
I actually have plans on keke biz but it's going to be on hire for daily returns. I wish it's easy to get a trustworthy person

Hire purchase is the best... If you want a daily retuns wit out issue then you should also get one n drive wit the person that's were you get ur money wit out complain... That's Wat I do...
Price tag for new Keke now is1millon 5thousansd so hire purchase Will be at 1.6 1.7 ...

Contribution from others wit xperice is welcome

I will give you step by step on how I started Keke business...

1. I got a fairly used Keke for# 500,000
You can get it cheaper depends on the condition of the Keke
Condition: first make sure the haven't temper with the engine.. It's OK it the have rings the Keke once.

2. I looked for a driving root that has less tout

3. I got my self familer with the bus stops

4. I got to know tickets to buy and the right people to settle especially police
After all this is been done you are good to go.

5 How long does it take for some one to know how to drive Keke ( it took me just 2days... For some person a day is OK.. It's very simple all you have to let go is fear)

6. How much can be gotten from Keke
This is always the main reason for every business... Keke on like every other transport business is paying alot in fact if you are earning 80k a month you are so behind a Keke driver....

7. Daily income of a Keke driver is minimum of 5k and above dis is after every expenses including his feeding for the day...
So if we are working with an untouched 5k daily times 10days we are talking about 50k just in 10days
Advise: the best way to make money from Keke is if you are the one driving it!
Or hire purchase
Will not advice you give your Keke to some one for daily pay doe we still have good ones who will give you less issue.

I will keep on posting on how I used one Keke to get 3 if I get reaction I'll keep updating.

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