I have the opportunity to buy a bread truck business for $110k truck included. After expenses the net each week is $1900. I don’t bake the bread just pick it up in the mornings from the distributor and deliver from 5am-noon. My plan is to run it myself M-T and hire someone for $25hr Friday and Saturday. I can still pocket over a grand each week and only have to work 4 days. Does this sound smart? Im only borrowing $50k with a 10yr loan. I’m a mortgage broker and I’m out of work and need to find something stable while the real estate market recovers. Anyone else ever run a delivery business like this?
Where did you hear about this opportunity?
The $1900 a week is after tax gas and insurance ect… I have a couple young people (daughters friends who are interested in the position) and I’m happy to be a hands on owner. I’ll work for a year until I can get it going. I’ve met several ppl who have been successful at running a bread truck. My big concern is the hours.