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Looking to Expand my Trucking Company!
Posted by: Chris Rogers on 10/3/2011 11:15:31 AM
Funding Needed:
Under $100k 		Category:
Travel / Transportation 		Website :
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Location :
Knoxville, Tennessee, USA 		Viewed : 562 times
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Description:
Looking to expand my trucking company from 2 trucks to 20 over next 4 months. I'm not looking to BUY trucks, I lease owner operators/independent contractors and they use my trailers. Each truck has the potential to Gross $5,000 per week and I get a 20% cut of that. I have an established customer base that are always asking me for more trucks. For each contractor I lease on, it cost me $2,300 for license plate and trailer lease setup. Fuel on a 3,000-mile week cost approx $2,200. My payback plan would be 26% return with a short-term of 12 to 18 months. I have capital invested and your investment would be backed by $50,000 reserve account plus IRA's and other assets. I have a recruiter that I will be hiring in 2 weeks that will be ready to "sign-on" new contractors.

Thanks for looking.

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