Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Hidden costs in owning fedex routes
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="dmac1" data-source="post: 2519457" data-attributes="member: 60252"><p>10% would be best case scenario. And that's before accounting for the decreasing value of the assets. 5 trucks are going to decrease in value more in a pure dollar amount than inflation will add to the value of the business. 5 Vehicles will drop maybe $15k-$20k per year average but the value of the business may go up only $10,000, more or less. So when you cash out in a few years, unless you put the depreciation of the vehicles into an account. Your business is actually losing value. The more valuable the vehicles when you start, the more you lose. You are better off buying a service area with older, but very serviceable vehicles than paying more for an area with new vehicles.</p></blockquote><p></p>
[QUOTE="dmac1, post: 2519457, member: 60252"] 10% would be best case scenario. And that's before accounting for the decreasing value of the assets. 5 trucks are going to decrease in value more in a pure dollar amount than inflation will add to the value of the business. 5 Vehicles will drop maybe $15k-$20k per year average but the value of the business may go up only $10,000, more or less. So when you cash out in a few years, unless you put the depreciation of the vehicles into an account. Your business is actually losing value. The more valuable the vehicles when you start, the more you lose. You are better off buying a service area with older, but very serviceable vehicles than paying more for an area with new vehicles. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Hidden costs in owning fedex routes
Top