Auto Transport Rookie, seeking veteran advice

Good afternoon everyone,

I'm interested in getting into the business. I have a couple contacts to make entry a bit easier, however, I really need to know what I'm facing in the big picture. Below is what I have. Please fill in any blanks you may see. I feel like I'm missing something major.

Let me first say, I AM A NOVICE. I will be an owner.

I'm looking to purchase a 9-10 car hauler, $25,000-$40,000, plus the plates, permits, etc. at $2,200.

I have 2 drivers willing to run as a team. They have OTR experience, however, neither have ANY car hauling exp. This may be a nightmare.

I have 2 dealer auction buyers which are long time friends who will keep me supplied with cars. 2 trips/week, 4-5 suv's per trip at $800-$1,000. Then I'll supplement with Central Dispatch, etc. to fill the balance of the primary runs and returns. Is 2 trips/week too aggressive, even though they are the same route, I feel it might be a bit of a stretch. If I don't do 2 trips/week, my numbers don't work.

Here is the list of expenses I have, this is where I believe I'm missing something.

Monthly: Based on 200,000 miles annually

Fuel-$1,300 trip (1000-1400 miles av.) X 16 trips= $20,800
Payroll- $1,000 week, each driver= $8,000
Payroll unemployment Ins.= ?
Driver worker's comp (not sure if required yet, but if so)-$3,000
Tolls- $200
Taxes- (road, use, fuel, fed) = $292
Outside services- (accounting)= $150
Repairs & maintenance- $1,683
Truck wash- $116
Misc. supplies, (straps, chains)- $200
Reserve fund (unexpected costs)- $2,000
Rent (truck storage)- $250
Telephone- $150
Insurance- $1,000
Tires- = $383
Truck payment- $1,000

Total monthly expenses: $39,224

In addition, my other major concern is having 2 inexperienced drivers starting out on their own. Is this a HUGE concern? Is the learning curve too great for 2 new guys to successfully get this venture up and running? I understand there is risk involved with anything.

I invite your thoughts/comments.

Thanks,

New Hauler