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Courier
mukiha
#1 Posted : Friday, February 18, 2011 11:44:26 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Suppose I buy a motorbike; then lease it to an experienced courier rider at say Sh200 per day; He does errands for his own clients and fuels the bike. Would this work?

I figure with about sh80k investment, I'm looking at about 400 days to payback - about a year and a half in real terms [5 days a week].....hm....
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Chaka
#2 Posted : Friday, February 18, 2011 12:01:05 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
@Mukiha,
What is the lifetime of those chinese(e.g keweseki)bikes?May be after one and half years the thing will be a wreck?
muganda
#3 Posted : Friday, February 18, 2011 12:27:53 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
@Mukiha it would, and a very modest (realistic) return period. In fact, if I recall correctly, Data Rush started in almost the same way as High Point apartments.

The difference may be Data Rush got the clients directly - those linkages are usually the most involving. So in your case, will an office trust the messenger (an individual), considering there are now many options?

mukiha
#4 Posted : Friday, February 18, 2011 12:30:12 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Chaka wrote:
@Mukiha,
What is the lifetime of those chinese(e.g keweseki)bikes?May be after one and half years the thing will be a wreck?

Sh80k will get me a genuine Yamaha from Toyota East Africa!!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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