DO YOU KNOW YOU CAN MAKE CONSISTENT MONEY IN HAULAGE BUSINESS IN NIGERIA

PREVIEW:

This haulage service business is a lucrative and interesting. The market is wide and highly demanding. Hence the demand for the need of this service is always per second on daily basis.

THE MARKET:

As a result of the high rate of importation, the demand for the dispatch of containers boxes from the sea port is high, thus the haulage services is getting better day by day. Like other services, haulage business services users are enormous: they include port operators, importers, companies, individuals, agencies, among others;

INVESTMENT:

The business opportunity in haulage services is very high and lucrative but one can invest with ease, and the amount needed for this investment from your bank is between N3m to 3.1 million. The property and materials required for haulage business is durable and serviceable vehicle, like DAF  and  MACK trucks. Etc

To continue in this business, what is required is as follows:

(A)          tractor which is the “HEAD” this truck(also know as cab) drives the whole vehicle.

(B)          The body of the truck is called “BED”. This is the flat layer where the container boxes will sit on. It is also called CHASIS

(C)         The tyres

COSTING:

*        The tractor (THE HEAD)A very high grade of tokunbo” tractor cost between N2.1 million and N2.5million. This will serve a good purpose and it will be free from mechanical problems for a long period of time.

*        The body of the truck which is the flat layer “BED or CHASIS” will be bought at the rate of N700,000 or N800000. The BED or CHASIS” includes tyres which serves for a while probably two or three months

Then all the government license, both the vehicle license and all the haulage taxes and certificate will cost between N65,000- n75,000.

            The total projected estimate cost will between N3.0 – N3.5 Million

INCOME:

The rate of return on investment (ROI) is high in this business, the patronage is always high. The haulage services is 6days a week, 26days in a month and 365days in a year. The rate of income is also based on the turn around time of the truck, this is because the constraints such as traffic congestion on the road, mechanic faults etc, will be reduced a little because, the truck will be a “Grade A” Tokunbo vehicle,or built on  NEW brand tyres .

Above all, with proper management supervision and close monitoring, this is a high yielding investment enterprises.

ANALYSIS OF INCOME GENERATION

Depending on the point of destination of each container the amount charged varies. In every metropolis of Lagos state, a single trip cost between N38,000 – N40,000 and above. No matter high the expenses of a trip, the balance for a single trip is not less than N20,000.

The cost of running a truck per trip assuming the charges for the trip is N40,000

1.                Driver’s pay per trip: (10% of the amount charged)                        N4,000

2.                Cost of fueling per trip (50 liters)                                                       N10,000

3.                Motor boy: Conductor’s pay per trip                                                  N1,500

4.                Engine oil of a single trip                                                                    N2,000

5.                Miscellaneous expenses: photocopying machine etc                     N2,000

Total                                       N19,500

If all these are deducted from the payment of 40,000, we will be left with a projected profit of N20, 500 per trip

MATHEMATICAL CALCULATION

If the projected profit of N22, 500 per trip is realized therefore in one week, we realize  N100,000 in one month, we can realize about N450, 000 – N540, 000.

However, within twelve calendar month, the total MONEY INVESTED  will be realised.

MANAGEMENT OF THE TRUCK

The safety of the truck is highly guaranteed because the Lagos state Government has created over 5 lorry parks around the  port and its environment. However modern technology has introduced the GPS tracking system to protect against theft and fraudulent acts by driver’s etc.

As per the servicing of the truck, it will normally hold on Sunday, reasons been that most clearing agents do not work on Sundays. This gives the truck drivers the opportunity to service their truck at a reduce cost between N5,000 – N6,000 per week and general services every two months which cost an average of N35,000

SUMMARY:

In summary, haulage service in the port is a very lucrative business, more so that the truck will be confine to the port operation with a custom escort and it will have a defined schedule of work. Carrying unauthorized containers or operating on authorized route without escort will not be experienced.

Definitely, your sole aim is to buy a very good truck that will serve the purpose of this lucrative business with proper monitoring, thereby you will not encounter much problems. One of the most reliable trucks we used in this business is DAF trucks, MACK trucks. This is very economical to maintain in terms of servicing. I tell you what, some MACK trucks are on this our business for the past ten year (7yrs) and they are still on the road.

Presently, however, a lot of individuals and some financial institution  in this haulage business now and over the years and they are doing perfectly well.

The monthly income on this investments realistic and achievable as long as you  have good hand, handling this enterprises and with close supervision and monitoring, we will achieve good ROI (return on investment) within a short period and money invested in the business will be realized with ease, and the business will continue in good form.

This business should be handled as usual with intention of taking it to a greater and within a short period, you shall be having a fleet of trucks. This is a business no one regrets venturing into.
More Info: 08185208688
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Mail:haulagemover@gmail.com