I'm thinking of getting into the trucking business. I have a friend who has bought two trucks in the last year. He has people do the driving for him and he operates this a side business. He says he's making about $60,000 a year after expenses. I have the money to buy a tractor trailer and the time to operate a side business. Do you think I can really make money in this as a side business without being the driver? I'm thinking about $65,000 to buy a 5 year old tractor + refrigerated rig plus another $20,000 for startup costs - license, tags, insurance, etc. Am I being realistic? I'd like to hear from anyone but especially from owner; not operator small businesses.
Posted: 11 years, 1 month ago
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Owner but not operator - Question from a newbie
Hi Everyone,
I'm thinking of getting into the trucking business. I have a friend who has bought two trucks in the last year. He has people do the driving for him and he operates this a side business. He says he's making about $60,000 a year after expenses. I have the money to buy a tractor trailer and the time to operate a side business. Do you think I can really make money in this as a side business without being the driver? I'm thinking about $65,000 to buy a 5 year old tractor + refrigerated rig plus another $20,000 for startup costs - license, tags, insurance, etc. Am I being realistic? I'd like to hear from anyone but especially from owner; not operator small businesses.
Thanks,
Lee