80k absentee owner per truck 2020?

Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by Ajeanp2, Mar 6, 2020.

  1. mud23609

    mud23609 Medium Load Member

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    I got a bridge for sale. You’ll make lots more than 80k.
     
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  3. JonJon78

    JonJon78 Road Train Member

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    These folks who come on here with these big money dreams are dime a dozen
     
  4. Ajeanp2

    Ajeanp2 Bobtail Member

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    The company does 240,000 and the take home pay is for the owner is 90,000. The sale includes the truck and and a 9 car hauler trailer, the driver is willing to stay. There’s also the business processes. What do you think? Can it be run with a semi absentee owner? Is what he said about having more jobs than he can handle true or is he making it up?
     
  5. Ajeanp2

    Ajeanp2 Bobtail Member

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    In your opinion should I consider it or let it go? I have a sales background and I know that getting new customers is the hardest part of business then comes profitability. Generating business has been easy for the business from what I know so far. What do you recommend?
     
  6. Rubber duck kw

    Rubber duck kw Road Train Member

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    A once in a lifetime chance to get my very own toll bridge, tell me more.
     
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  7. LoneRanger

    LoneRanger Road Train Member

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    We have car haulers here who are talking about how load rates are low. Think about that.


    Also in my time in the business world I have come across too good to be true deals being struck to later the new owner going under because the customer base pulled out.

    What I mean is this. The clients he’s servicing are they under contract? If yes then what are the termination clause details of said contracts? If no then how sure are you the client will stay with you as the new owner? In this industry the guy giving him the loads could be his buddy meaning he sells you the business buys a new rig and takes his client away from you on a few months.


    Either way no one that I know would sell a golden goose if the yearly income is 90k per truck, they would expand big time.


    It just sounds very too good to be true.
     
  8. JonJon78

    JonJon78 Road Train Member

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    So your thinking you buy this truck and after all expenses associated with the business including paying your driver, you still pocket $80-90k a year off this one truck?

    Am I understanding this correctly?
     
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  9. p608

    p608 Road Train Member

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    I would let it go, you're only buying a used truck and trailer, do your due diligence, used truck will always be around.
     
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  10. Snow Hater

    Snow Hater Medium Load Member

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    If my son came to me with an "opportunity" like this I'd smack him upside his head. There is no part of this deal that sounds legitimate.

    But, it's your $.
     
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  11. Bold Group

    Bold Group Bobtail Member

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    You should check his USDOT and MC #s from fmcsa website and do a little research.
     
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