Anyone want to make an educated guess of what the net profit should be on single truck operations? I feel some have a distorted view of actual profit levels.
If you have 8 hours of work per day which I do not including driving times......
7 hours X $100.00 an hour minimum. $700.00 per day. Leaving an hour of drive time per day.
$700.00 per day X 48 weeks leaving off 4 weeks for vacation, sick time and holidays.
240 days X $700.00 per day $168,000 per year and possibly more if you do restoration, weekend work and so forth......
What is "WD"? Waste Disposal, or Water Damage?That is why in semi-colder climates adding WD to your business is a good idea. I make more in Jan. and Feb. sometimes doing WD over June and July cleaning carpets with less hours.
Notice in my first post I said I do not work 7 hours a day 240 days a year. Hypothetical answer with a full schedule of what one can do after time. A new CC would never reach these numbers the first year but after ten years of being in business this is not a # that is out of reach. You just have to get the work.
Just my .02
You net $2300 per month on each van?Factoring in all auto expenses, chems, expendable materials in the due course of business and full coverage with inland marine insurance on completely paid off equipment we have averaged $2300 a month for 2 vans over the last 3 years. We do all repairs and accounting in house with zero advertising. It's not terrible numbers overall.