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re: Started a transport business

Posted on 6/19/21 at 9:41 am to
Posted by JoseVargasTX
Heath, TX
Member since Sep 2011
719 posts
Posted on 6/19/21 at 9:41 am to
Great points, concerns, and suggestions.

We are actually 20 miles from Dallas and have the storage thing handled. Fuel prices could be a concern, but not a huge issue right now.

A good maintenance schedule that is time stamped needs to be available and used.

Did an airport transfer this morning... $300 round trip. Pay the driver $40 per trip. Fuel is about $30 for round trip.

My cost for round trip to airport is $110. Gross profit from this trip is $190.00. Drivers are averaging $40 per trip In tips.

I’ve raised the airport transfers from $260 to $300 and that side of the business hasn’t slowed one bit.

Corporate/private events are the money maker...

$125 an hour, four hour minimum, plus service charge, plus cleaning fee.

Most of the time the sprinters are sitting waiting on people to finish meetings or dinner.

Did some celebrities two weekends ago 10 hours Friday, 10 hours Saturday— $3,000.00.

Ideas on a good maintenance spreadsheet?

Appreciate the comments.

Add on:

We’ve got four sprinters thus far. Started on 6/1/2021 and have a great relationship with a local credit union. Zero down, great rate, great terms.

Ours are 2019 and 2018 and some of them have never been driven... just used for showrooms and trade shows/displays. They all have less than 10,000 miles... some as few as 85. They run about $100k each.

This post was edited on 6/19/21 at 9:48 am
Posted by redfieldk717
Alec Box
Member since Oct 2011
28117 posts
Posted on 6/19/21 at 10:07 am to
Look into fuel cards with specific truck stops or gas stations. You can save .10/gallon or more typically.
Or reach out to a local fuel supplier and look into having your own tank with bulk fuel. I am in this business and you can save some money. Most fuel suppliers can provide you with a fuel management system that tracks how many gallons used per vehicle and prevents theft.
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