New Fleet Owner

[OntarioVanMan]

I guess that is why I enjoy expediting. Kinda like standing in front of a giant roulette wheel.

or in front of a moving train....LOL

 

[Ragman]

or in front of a moving train....LOL

 

[davekc]

or in front of a moving train....LOL

There are those days.

 

[Humble2drive]

. . . With expediting, it is usually tied to two areas. Inexperience, and being undercapitalized. Trucking in any form is not the hobby for a small wallet.

Exactly and true with all businesses. One of several reasons that Franchises have good success is due to the financial requirements.
In contrast, Expedite Carriers and recruiters stay mum on the possible cash required to be successful. That would make it very difficult to recruit.

Here are the requirements for a Subway Franchisee. Note that the total investment is similar to Expediting (truck, equipment, etc.) but look at the Net Worth and liquid cash requirements.
Future Fleet Owners take notice.

Total Investment: $85,200 - $260,350
Franchise Fee: $15,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 20 years, renewable
FINANCIAL REQUIREMENTS NET WORTH: $80,000 - $310,000
LIQUID CASH AVAILABLE: $30,000 - $90,000

 

[cheri1122]

Considering there's a Subway within 1/10th of a mile wherever you are standing these days, that's amazing!

 

[MissKat]

Give Bruno (Dave Mayfield) a call. You will find his number in classifieds in Medina. Call his office after 11 before 6 pm Ohio time. He started as a Fedex Driver now owns 20 or so trucks leased to a huge carrier and some to a smaller carrier. He also manages fleets. He is an honest knowlegable guy who will tell you the truth. He will be at the expo. You should be there too. The knowledge gained at this event cannot be gained in any other way. BTW I team drove for large and small owners at the Fed and the Cat in expedite and the large carriers in OTR since 1976.

Sent from my SCH-I535 using Tapatalk 2