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Matatu Business
matatuman
#771 Posted : Wednesday, February 03, 2016 6:28:27 PM
Rank: Member

Joined: 12/5/2013
Posts: 224
hindsight wrote:
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
@Prime ,thanks.

On the costs....seems I need to re-think.

I will do further investigation...any idea on the costs of the 5L/3L in good condition ..? thanks.



What's your target route?


Nrb-Thika rd (machester) or Lopha Sacco-rt 11

Though not decided as yet..


Budget yako kidogo itakutatiza. Competition on that route is high. A vehicle costing that amount may not hack.



I assume you mean ,Nrb-Thika rd (machester) ..? How about Lopha -rt 11 ? What route do you suggest I can hack comfortably with minimal returns of 3k per day? Thanks.


11 is a short route, an old vehicle will do. Only headache I foresee is being a newbie with an old vehicle, your crew might take advantage of you.
Roque
#772 Posted : Wednesday, February 03, 2016 7:12:52 PM
Rank: New-farer

Joined: 1/29/2016
Posts: 11
Location: Nairobi
Asanti kaka...hii kisungu ni chida bana..

Many thanks though...will pass by Ngara over the weekend...
subaru
#773 Posted : Wednesday, February 03, 2016 8:18:05 PM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
hindsight wrote:
Hi Wazuans,
I salute you all and appreciate lots of the knowledge and life hacks you have shared.

Thanks again, and I hope to do the same in due course.

Quick Disclaimer; (apologies for a long post-wanted to be on point.)

Note;

1) I have read all threads on matatu bizness and have gained lots of wisdom on the same, hence consider me “educated” from past posts.

2) I have also realized matatu bizness is not for the faint hearted you have to get yourself dirty and be able to have hands on approach for its success.

3) I have a fair understanding of various matatu options available for an investor;

--14 seater (shuttle/long distance & town plying) –MY INTEREST- town service
--33/51 seater bus CFG/Dodi/Banbros etc
--Citi Hoppa/KBS etc leased.

My Question/My Interest; Interested running a 14 sitter Matatu Bizness in a town route (of a well managed sacco) ,alone as I don’t intend to do partnership as of now + other reasons i.e…quick decision making.

I wish to enter the matatu bizness starting from the bottom pyramid due to cash constraints. I have a budget of ksh 400,000 cash. I can squeeze another 300k through a sacco loan, readily available, hence total available and willing to spend 600K-700k at most.

What are the best options to acquire a 2nd hand Matatu reg’ (KAX-KBD) ,a Manual & Diesel run out of these below, in relations to low risk and consistent returns, easy to maintain etc.

1) Buy an X tour- Nissan caravan van(not 4wd); preferably (a good tested model); cost price; 650K onwards and convert to a matatu ,after registrations etc total comes to approx’ ksh 850k onwards.

My take; very costly above my budget, but am told they perform well reliably over 4yrs with usual repairs & maintenance.

My query;
Any ideas where I get one at a good price and are my costing above fair? Any other counsel appreciated.


2) Buy an old matatu Toyota/Nissan (a good tested model) but still in service and do an overhaul; cost price ;300k onwards,do engine and gear box (overhaul/change) ,change seats, do the paint job and change key other parts. Overhauling & repairs costs ; 250K total costs 550-600K.

My take;
No idea whether it can serve me reliably and the costs not sure and risks of overhauling /changing engine or gearbox.

My query; Do you know routes/yards/auction companies where one can get a good deal and what ‘s your take on my maths. Can you advise one to go for this option?

3) Buy a clean long distance matatu shuttle (a good tested model) in service and good condition.
Cost price ; 950k onwards .


My take;
Reliable and will serve me a few years before the usual challenges of old models. The problem is my budget is 700k tops and can’t afford to stretch myself further as of now.

My query;
Do you know people who can offer the same at a cheaper costs/down payment with low interests especially those owned by a Sacco and pay them in six months etc.

Bottomline;

I will appreciate any suggestions from those who had to start from scratch and how they hacked their way up the matatu pyramid. I would really appreciate any relevant information as per above.

Feel free to share any own experience is really welcomed.

Thanks a ton in advance! Laughing out loudly





@ hindsight i think u should go for what makes u understand the biz eg 3ls and 5ls are good thats why they are a little expensive vs td27 or qd 32 same as spares are you ready to manage costs of repairs eg shark ikianza kuchemka
vs nissan ikianza kuchemka.are u going for long trips or town service as a colleague said here avoid madeni for start up wishin u all the best
Thitifini
#774 Posted : Wednesday, February 03, 2016 8:29:26 PM
Rank: Member

Joined: 1/15/2015
Posts: 681
Location: Kenya
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
@Prime ,thanks.

On the costs....seems I need to re-think.

I will do further investigation...any idea on the costs of the 5L/3L in good condition ..? thanks.



What's your target route?


Nrb-Thika rd (machester) or Lopha Sacco-rt 11

Though not decided as yet..


Budget yako kidogo itakutatiza. Competition on that route is high. A vehicle costing that amount may not hack.



I assume you mean ,Nrb-Thika rd (machester) ..? How about Lopha -rt 11 ? What route do you suggest I can hack comfortably with minimal returns of 3k per day? Thanks.


11 is a short route, an old vehicle will do. Only headache I foresee is being a newbie with an old vehicle, your crew might take advantage of you.


As a newbie in this industry it's like a drunk fish! Everyone takes advantage!

Until @Rankaz13 posted above, I was headed to the slaughterhouse!

For the 400k I was getting 1-KZ engine for, now I'm getting a 1-KD at that same price! Incl manual gear box plus electricals and labor!

60% Learning, 30% synthesizing, 10% Debating
matatuman
#775 Posted : Wednesday, February 03, 2016 9:47:01 PM
Rank: Member

Joined: 12/5/2013
Posts: 224
Thitifini wrote:
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
@Prime ,thanks.

On the costs....seems I need to re-think.

I will do further investigation...any idea on the costs of the 5L/3L in good condition ..? thanks.



What's your target route?


Nrb-Thika rd (machester) or Lopha Sacco-rt 11

Though not decided as yet..


Budget yako kidogo itakutatiza. Competition on that route is high. A vehicle costing that amount may not hack.



I assume you mean ,Nrb-Thika rd (machester) ..? How about Lopha -rt 11 ? What route do you suggest I can hack comfortably with minimal returns of 3k per day? Thanks.


11 is a short route, an old vehicle will do. Only headache I foresee is being a newbie with an old vehicle, your crew might take advantage of you.


As a newbie in this industry it's like a drunk fish! Everyone takes advantage!

Until @Rankaz13 posted above, I was headed to the slaughterhouse!

For the 400k I was getting 1-KZ engine for, now I'm getting a 1-KD at that same price! Incl manual gear box plus electricals and labor!


Engine? Swapping the petrol already? Where is it being done?
junior121121
#776 Posted : Wednesday, February 03, 2016 10:29:30 PM
Rank: New-farer

Joined: 11/9/2015
Posts: 56
subaru wrote:
junior121121 wrote:
Cde Monomotapa wrote:
Good job here.

What recommendations would you give for seat material for a school bus? The hardiest available understanding pupils. Thanks.

I see no mention of Banbros. We added a Hino, see how that goes, and the body works are terrible! Exactly how @TeamW describes. Banbros walituangusha raundi this!


@ junior where can i get a better price for a coach body 33 or 29 seater and shortest delivery time

Great Stuff Cde Monomotapa, please let me know you feedback and experience with the Hino (Anyone else with experience)
For the seat material - use the KCI material. There is a guy at Moonlight Autos who fixes chairs and stocks it - its about 45% more expensive but stays 2 years longer


33seaterb- best would be CFG - ask for Ngugi and squeeze him for "dealer discount - FYI chassis prices are increasing
junior121121
#777 Posted : Wednesday, February 03, 2016 10:42:34 PM
Rank: New-farer

Joined: 11/9/2015
Posts: 56
hindsight wrote:

Follow Up...Kindly need your input guys as per above post.

Where is

@Thitifini
@Matatuman
@Subaruman
@Junior121121

and the rest Matatu investors...help out!

Thanks.


@ hindsight - pole for silence - busy week. You seem to have gotten some good feedback on the group. I specialize more on big mats
subaru
#778 Posted : Thursday, February 04, 2016 1:48:53 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
junior121121 wrote:
subaru wrote:
junior121121 wrote:
Cde Monomotapa wrote:
Good job here.

What recommendations would you give for seat material for a school bus? The hardiest available understanding pupils. Thanks.

I see no mention of Banbros. We added a Hino, see how that goes, and the body works are terrible! Exactly how @TeamW describes. Banbros walituangusha raundi this!


@ junior where can i get a better price for a coach body 33 or 29 seater and shortest delivery time

Great Stuff Cde Monomotapa, please let me know you feedback and experience with the Hino (Anyone else with experience)
For the seat material - use the KCI material. There is a guy at Moonlight Autos who fixes chairs and stocks it - its about 45% more expensive but stays 2 years longer


33seaterb- best would be CFG - ask for Ngugi and squeeze him for "dealer discount - FYI chassis prices are increasing


@ junior could you be knowing the best price as i passed by some time back and the price i was given sounded too rigid
junior121121
#779 Posted : Thursday, February 04, 2016 4:56:07 PM
Rank: New-farer

Joined: 11/9/2015
Posts: 56
subaru wrote:
junior121121 wrote:
subaru wrote:
junior121121 wrote:
Cde Monomotapa wrote:
Good job here.

What recommendations would you give for seat material for a school bus? The hardiest available understanding pupils. Thanks.

I see no mention of Banbros. We added a Hino, see how that goes, and the body works are terrible! Exactly how @TeamW describes. Banbros walituangusha raundi this!


@ junior where can i get a better price for a coach body 33 or 29 seater and shortest delivery time

Great Stuff Cde Monomotapa, please let me know you feedback and experience with the Hino (Anyone else with experience)
For the seat material - use the KCI material. There is a guy at Moonlight Autos who fixes chairs and stocks it - its about 45% more expensive but stays 2 years longer


33seaterb- best would be CFG - ask for Ngugi and squeeze him for "dealer discount - FYI chassis prices are increasing


@ junior could you be knowing the best price as i passed by some time back and the price i was given sounded too rigid


Complete 33 seater NQR is currently 4.65 (That is old price new price is about 4.75)- KCI is 4.790 or 4.95 new price.
Thitifini
#780 Posted : Thursday, February 04, 2016 8:00:00 PM
Rank: Member

Joined: 1/15/2015
Posts: 681
Location: Kenya
matatuman wrote:
Thitifini wrote:
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
matatuman wrote:
hindsight wrote:
@Prime ,thanks.

On the costs....seems I need to re-think.

I will do further investigation...any idea on the costs of the 5L/3L in good condition ..? thanks.



What's your target route?


Nrb-Thika rd (machester) or Lopha Sacco-rt 11

Though not decided as yet..


Budget yako kidogo itakutatiza. Competition on that route is high. A vehicle costing that amount may not hack.



I assume you mean ,Nrb-Thika rd (machester) ..? How about Lopha -rt 11 ? What route do you suggest I can hack comfortably with minimal returns of 3k per day? Thanks.


11 is a short route, an old vehicle will do. Only headache I foresee is being a newbie with an old vehicle, your crew might take advantage of you.


As a newbie in this industry it's like a drunk fish! Everyone takes advantage!

Until @Rankaz13 posted above, I was headed to the slaughterhouse!

For the 400k I was getting 1-KZ engine for, now I'm getting a 1-KD at that same price! Incl manual gear box plus electricals and labor!


Engine? Swapping the petrol already? Where is it being done?


@matatuman petrol haileti shangwe! Decided to change to diesel. Doing it in Nakuru.

60% Learning, 30% synthesizing, 10% Debating
94 Pages«<7677787980>»
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