thinking about adding another section to the buisness

Discussion in 'Trucks and Trailers' started by mike lane lawn care, Jan 21, 2008.

  1. mike lane lawn care

    mike lane lawn care LawnSite Bronze Member
    Posts: 1,707

    OK, so me and a friend were talking the other day, there is a huge market for "light duty trailering" around here. as in 5th wheel RV's, race trailers, livestock that gets moved all over the country. it brings in a lot of money year round for me, even with limiting my self to what my 1500 can pull. I had the idea of picking up like a 2002-2005 F-550/650, or GMC topkick and installing a wrecker body onto it and going into the trailering/vehicle extrication business. I've worked with the local garage last winter to do some towing of stuck cars, so i know a few things about how to properly and safely hook up to vehicles. I am pretty sure that the flatbed truck that towed my truck to the dealership was a ford F-550, maybe a 650, and i know that those class trucks can also trailer a lot of weight.

    this is just still a thought, and i haven't looked into getting my CDL or insurance or special licensing yet.

    so, any comments, concerns, or questions?
     
  2. Gravel Rat

    Gravel Rat LawnSite Fanatic
    Posts: 9,544

    You should look into the regulations before you get all excited because you will have to become a legal towing company. When it used to be more regulated here you had to go apply for a tow truck license for your area. It was allot of paper work B.S.

    And as for hotshot work its a waste of time and money you end up wearing out your vehical before its paid for.

    A tow truck isn't cheap expect to pay atleast 30,000 for a decent truck a new tow truck is 80,000 or more for a F-550 sized truck.
     
  3. topsites

    topsites LawnSite Fanatic
    Posts: 21,653

    Around here the smallest tow trucks are 350's, it goes up from there.
     
  4. hosejockey2002

    hosejockey2002 LawnSite Bronze Member
    Posts: 1,195

    Doing what you describe is a great way to see the country and get paid absolutely next to nothing. The guys who deliver new travel trailers get paid around $0.90 per loaded mile. Just putting gas in my truck and getting routine service done costs me around $0.33 per mile. By the time you figure insurance, depreciation and other costs (tires, repairs, etc.) you're not making anything at all. On the rare occasions that I've done local hauling or towing I've charged $2.00 per loaded mile, which is what I need to get to make it worth my while.
     
  5. KTM

    KTM LawnSite Senior Member
    Posts: 492

    Look at forums like towrig.com there are spots on there for hotshot hauling, I have read into it and it cost alot to be a legit buisness. The legal haulers Don't like the people that run whithout all of the legit stuff, because they can haul cheaper than they can, making the legal haulers look expensive when they realy are not making much.
     
  6. Gravel Rat

    Gravel Rat LawnSite Fanatic
    Posts: 9,544

    Hotshot work is okay if your retired and don't mind staying in one spot a long time waiting for the next load.

    Trucking in general isn't profitable anymore then with the new HOS regulations makes it tough if your paid by the mile.
     
  7. Lawnworks

    Lawnworks LawnSite Fanatic
    from usa
    Posts: 5,407

    I heard the towing business(cars) was profitable. I don't see how though...
     
  8. Petr51488

    Petr51488 LawnSite Silver Member
    from NJ
    Posts: 2,372

    In your case your prob better off staying un-legit and make the good money your making, because like everyone else mentioned you don't make much once your legit.
     
  9. Dstosh

    Dstosh LawnSite Senior Member
    Posts: 716

    Great Advice. Please tell me you are being sarcastic.
     
  10. Petr51488

    Petr51488 LawnSite Silver Member
    from NJ
    Posts: 2,372

    I am. You think you're doing great with an idea until you have to go legit with it. You'll make more at any job if its under the table. Same goes for lawn care. When i was 16-17, i was making ton's of money (at least i thought so) because i didnt pay tax or insurance. Now that i'm 20, going legit 2 years now, its a bit harder, but the sense of knowing that i'm a legit business gives me a sense of great accomplishment. All i'm saying is to check out all the legal stuff before you get serious about this. License's and insurance along with the reg truck maint will do you dirty. And if you go for that 550 650 truck, don't expect your 15mpg towing that you get with your 1500
     

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