Man I work for XPO in the south and I have to work 57 hrs a week to net 1250 a wk...1050 a wk for just 24 hrs a wk is excellent. Id run that up for sure.
@@biglou859 The difference between the two: $1250 You're trading time for money. $1050 Less time to ascertain, but you forgot to include your fuel expenses that you now have to pay for. Your insurance. Your IFTA. Your Heavy Use Tax. Your workman's compensation or occupational insurance. You're better off working for someone with all these regulations.
I have a friend that started off with a fresh bread route and was able to expand it through contacts at the bread place he was picking up. It started off working 3 days a week to now 6 days.
The growth potential (both vertical and horizontal) has a ceiling in this businesss ; point of saturation. e.g. there can be only so many Deli's that can open within a certain defined geo territory/route. A potential investor needs to measure how close to the saturation point the route is before taking the leap unless they just want to keep the business and run it as is for cash flow with very liitle room to grow. Good side hustle!
What about less sales happening? People don't want to pay $5.00 + for a bag of chips. Shrink flation questions were avoided. Of course many routes are for sale now.
There’s Dozen of apps With use to get job/gigs Do that first to learn first How transportation Business work That will prepare you better Once you find a route I hope it helps
@navigirao1975 oh 4 months later how helpful f you. I took up stripping at my local nightclub. I started as se unity guard but they moved me up making great money
You do NOT need a broker! Save your money, do the work yourself and get your routes directly from the organization! Brokers will sell you, they don't care about you, they just want that commission.
@mtaylor3390 Actually, I just sold mine in August. They were a headache for 3 years. Profitable but stressful, I enjoyed my 7 deployment s in the military more than owning the routes. The corporate side of fedex makes you into a slave and you are constantly fighting the terminal supervision over mistakes they create, which ultimately you end up paying ($$$) for...(Screenshot this comment and show it to any fedex contractor you meet. They will explain in detail)
This is how the large company shifts all the cost to the operator. $50k is Just Over Broke. You will need to higher someone so you can take a break. Notice, this gentleman doesn't do the routes. He makes money selling the routes. How many hours a day will this O/O be working each day? They sell the trucks to you. He wouldn't buy into the route because in the end of the day, he would work 80 hours a week or more toake the $50k
You can set a goal to make more money (Side Hustle) & build credit if not already good, save 5% & get SBA LOAN up too 5M‼️Now what is impossible for most sacrifice of saving & not spending😊
@@charlissasiner7650yeah dude is ridiculous if he thinks 2-3 years of diligent hard saving can’t get you 5% for an SBA loan. Very doable and achievable
A route is home every day or is being away from home....a route only has so many stops before you are bk at the wearhouse and driving your own vehicle own hint(yzer)
Lol, dont be fooled ppl, i ran the largest PFgoldfish route in the US. We got bought out. It was the last profitable route company left until they got greedy. Bread routes suck. Big corporation have lost their minds. Trades is where the money is. Dont sign your name away to a overpriced JOB. All routes are a scam now Don't say i didn't warn you. Good luck
The trucking business is overly saturated. The game is coming to a close. An unseen hand is forcing truckers out to usher in autonomous vehicles. People like this guy doesn't make money making potentials public until they start losing money. The bottom is falling out.
I agree with @bigsur909…plus the self autonomous vehicles are going to be owned by somebody who ultimately will own the route itself so it doesn’t matter either way
How are the taxes on this considering they're all blue states? Also do they have anything down south? I want something that's closer to the southern belt region touching multiple states.
Fedex routes are horrible, there are a lot of hidden costs you are not told about up front. 1) The contract negotiations are 1 way (not in your favor) 2) Fedex will change the contract obligations at a moments notice (not in your favor) 3) they are merging they're express model into the contractor model with no clear guidance on additional compensation. 4) and route brokers are not your friend look at them like car dealers...😂😂 (this guy even said he's never owned any routes...)
Yep that's correct. I know that from experience myself. I lost $6600 when the company I invested in shuttered after the CEO & Pres were indicted for embezzlement by the Securities & Exchange Commission. All the investors with alot more money invested than me all lost our investment in the payphone industry @ 19.7% return up in smoke within 9 months. And you don't see payphones anymore. Same thing with the aluminum recycling business. That wiped out another $10k investment. Lots of bs shams so read the fine print.
@gavnonadoroge3092 it was a $10k min investment in large aluminum recycling machines (about the size of a dumpster) that were stragically placed in high volume areas (shopping centers, parking lots, lg developments, apt complexes) and investors were paid a 12%-18% return from the volume/weight of what the current market rate was for aluminum from the particular location when it was weighed out once it was recycled. Some locations obviously generated more volume than others. If one recycling dumpster location wasn't paying off due to low volume they'd contract to another more higher volume area according to their research with the anticipation that aluminum prices would continue going up. They didn't. Within 20 months the company went out of business. This was in 1998-99.
Trucking is long gone when it comes to routes. Routes are overvalued and cost alot of money to start. Plus on top of that, they change you like a dirty sock when they find a cheaper carrier.
@@bbtrucking1616 He’s a broker, not a retailer, why does he need to buy a route? I’m not trying to defend him but can you explain why he needs to do that?
Subscribe : bit.ly/TruckNhustle We will work harder to generate more interesting content. Thank you for your support
Whoever fallow this channel knows about independent routes.
Content is great and has been from the beginning! 💪🏾
Man I work for XPO in the south and I have to work 57 hrs a week to net 1250 a wk...1050 a wk for just 24 hrs a wk is excellent. Id run that up for sure.
@@biglou859 The difference between the two: $1250 You're trading time for money. $1050 Less time to ascertain, but you forgot to include your fuel expenses that you now have to pay for. Your insurance. Your IFTA. Your Heavy Use Tax. Your workman's compensation or occupational insurance. You're better off working for someone with all these regulations.
I have a friend that started off with a fresh bread route and was able to expand it through contacts at the bread place he was picking up. It started off working 3 days a week to now 6 days.
Bread runs sell for up to 100k
Deliver bread, make the bread!
Fantastic content sir. 👏👏👏
@@jigga9in526 thanks
Great information man .
The growth potential (both vertical and horizontal) has a ceiling in this businesss ; point of saturation. e.g. there can be only so many Deli's that can open within a certain defined geo territory/route. A potential investor needs to measure how close to the saturation point the route is before taking the leap unless they just want to keep the business and run it as is for cash flow with very liitle room to grow. Good side hustle!
How do you go about measuring this and finding the stats to figure out if there is growth potential and how much more?
What about less sales happening? People don't want to pay $5.00 + for a bag of chips. Shrink flation questions were avoided. Of course many routes are for sale now.
Goin get me route tomorrow!
I remember routes used to be posted in USA Today for sale
Which banks or lenders are funding these companies? I know some SBA lenders have backed out.
I have an UTZ route net 2k a week 45 hrs just bought a wise route.
I will run both routes in the same truck is the same stores for both routes.
Are these routes only for trucks? I have a sprinter van and im interested
There’s
Dozen of apps
With use to get job/gigs
Do that first to learn first
How transportation Business work
That will prepare you better
Once you find a route
I hope it helps
You could run a bread route on a sprinter van or a potato chips route.
@navigirao1975 oh 4 months later how helpful f you. I took up stripping at my local nightclub. I started as se unity guard but they moved me up making great money
Any routes in Texas ?
Do you guys have any routes that are in Michigan say the Detroit Mount Clemens area
Shid, they wouldn't be selling them if they were still profitable.
Most sell to cash out a big check and do it again
Bingo 🎯
They sell bcoz there may be no more room to grow the biz...
Another informative interview - excellent!
Not true!!!People buy profitable business everyday.
I have a route of mission in California.
It a good business but I'm already selling it
You do NOT need a broker! Save your money, do the work yourself and get your routes directly from the organization! Brokers will sell you, they don't care about you, they just want that commission.
This is a fact 😂
Oh so you bought one already?
@mtaylor3390 Actually, I just sold mine in August. They were a headache for 3 years. Profitable but stressful, I enjoyed my 7 deployment s in the military more than owning the routes. The corporate side of fedex makes you into a slave and you are constantly fighting the terminal supervision over mistakes they create, which ultimately you end up paying ($$$) for...(Screenshot this comment and show it to any fedex contractor you meet. They will explain in detail)
This is how the large company shifts all the cost to the operator. $50k is Just Over Broke.
You will need to higher someone so you can take a break.
Notice, this gentleman doesn't do the routes. He makes money selling the routes.
How many hours a day will this O/O be working each day?
They sell the trucks to you. He wouldn't buy into the route because in the end of the day, he would work 80 hours a week or more toake the $50k
I ain’t even watched this whole video but I can assure you…..Most people can’t afford to buy any of these routes 🤣🤣🤣
You can set a goal to make more money (Side Hustle) & build credit if not already good, save 5% & get SBA LOAN up too 5M‼️Now what is impossible for most sacrifice of saving & not spending😊
@@charlissasiner7650yeah dude is ridiculous if he thinks 2-3 years of diligent hard saving can’t get you 5% for an SBA loan. Very doable and achievable
😆
Trust me, there's a lot of people with that type of money buying this routes.
I see it very often.
Are there local routes in Florida? As in drive your 11 and back home same day.
In your dreams buddy, I think you’re thinking of working for Amazon if you want to be home everyday
A route is home every day or is being away from home....a route only has so many stops before you are bk at the wearhouse and driving your own vehicle own hint(yzer)
Where or how do we sign up for one of these routes?
Lol, dont be fooled ppl, i ran the largest PFgoldfish route in the US. We got bought out. It was the last profitable route company left until they got greedy. Bread routes suck. Big corporation have lost their minds. Trades is where the money is. Dont sign your name away to a overpriced JOB. All routes are a scam now
Don't say i didn't warn you. Good luck
it’s giving heavy sopranos vibes😂
Tony: We need those W-2a
Paulie: What’s your E-bitta kid???
The trucking business is overly saturated. The game is coming to a close.
An unseen hand is forcing truckers out to usher in autonomous vehicles.
People like this guy doesn't make money making potentials public until they start losing money. The bottom is falling out.
TY
Dude self driving trucks are gonna take forever to be regulated there’s still plenty of time to capitalize on this
I agree with @bigsur909…plus the self autonomous vehicles are going to be owned by somebody who ultimately will own the route itself so it doesn’t matter either way
wrong Not here in southern california 3 years and growing strong by the grace of God
This kind of mentality keeps people broke or is designed to prevent competition
How are the taxes on this considering they're all blue states? Also do they have anything down south? I want something that's closer to the southern belt region touching multiple states.
Fedex routes are horrible, there are a lot of hidden costs you are not told about up front. 1) The contract negotiations are 1 way (not in your favor) 2) Fedex will change the contract obligations at a moments notice (not in your favor) 3) they are merging they're express model into the contractor model with no clear guidance on additional compensation. 4) and route brokers are not your friend look at them like car dealers...😂😂 (this guy even said he's never owned any routes...)
pay phone routes were also big profit, until they weren't
That can be said about anything. AOL was big at one point, so was Kmart
😂😂😂
Yep that's correct. I know that from experience myself. I lost $6600 when the company I invested in shuttered after the CEO & Pres were indicted for embezzlement by the Securities & Exchange Commission. All the investors with alot more money invested than me all lost our investment in the payphone industry @ 19.7% return up in smoke within 9 months. And you don't see payphones anymore. Same thing with the aluminum recycling business. That wiped out another $10k investment. Lots of bs shams so read the fine print.
@@clawJAMMER0317 what happened to aluminum recycling business?
@gavnonadoroge3092 it was a $10k min investment in large aluminum recycling machines (about the size of a dumpster) that were stragically placed in high volume areas (shopping centers, parking lots, lg developments, apt complexes) and investors were paid a 12%-18% return from the volume/weight of what the current market rate was for aluminum from the particular location when it was weighed out once it was recycled. Some locations obviously generated more volume than others. If one recycling dumpster location wasn't paying off due to low volume they'd contract to another more higher volume area according to their research with the anticipation that aluminum prices would continue going up. They didn't. Within 20 months the company went out of business. This was in 1998-99.
Mr Softee AIN’T soft 🍦😂
43,000 a month for a 2million dollar investment,is high way robbery!
Send the CIM
I'm listening and these rules for obtaining and maintaining these routes and territories to me it just has Mafia written all over it
100k gross sales per week on 60 trucks doesn't like very good.
The 60 truck is just to guarantee that there always going to be a truck for the route. You can always add more customers to the route.
Where can we get 2 million dollar loans for the better routes? Thank you!
Lol
If you have a criminal back ground Otr will drop you!
My man you got way too many goddamn ads!
@@drexd5656 send the bag bro
You tube premium is $13
😂😂😂
Use brave browser. You'll see no ads.
Trucking is long gone when it comes to routes. Routes are overvalued and cost alot of money to start. Plus on top of that, they change you like a dirty sock when they find a cheaper carrier.
He’s never bought routes… tells you all you need to know about the industry. 💩
@@bbtrucking1616 He’s a broker, not a retailer, why does he need to buy a route? I’m not trying to defend him but can you explain why he needs to do that?
Haha! For real. Routes are garbage now. But this old guy's here to finance you a route. So he can get his peice for doing. Little to nothing.
@@justing6594
Or even if he has he’s most likely trying to sell someone a failing business
Fed ex? 😂
Why do podcast still wear head phones ? U don't need to wear headphones to run a podcast anymore step it up
@@uptownfragrance6148 we think they just look cool!
Why pay for a route when you can make your own for free? I think his whole business is a scam.
Better to buy an established route and build it up and expand, than to start from scratch and be locked out of the territories.
You can’t just make your own routes for free in these industries