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How Much Do I Need To Start A Danfo Business?? - Business (3) - Nairaland

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Nov. 5th & 6th: Betking Brings Free Danfo Rides To Lagosians With Danfo Lagos / A Lagos Danfo Turned To Bar And Restaurant-photo / Keke Napep, Danfo Bus Or Uber? Which Is A More Profitable Business? (2) (3) (4)

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Re: How Much Do I Need To Start A Danfo Business?? by Nobody: 8:53pm On Jan 12, 2021
SavageResponse:


Before you go into this business first make sure that you don't already have High Blood Pressure!

LOL
Re: How Much Do I Need To Start A Danfo Business?? by chinchonglee(m): 8:54pm On Jan 12, 2021
dawnomike:
You do not need government clearance... That is the headache of the driver to be a member of NURTW.

1m to 1.2m should get you a good danfo and I advise you give it out on hire purchase. [b]Opting for daily returns is not always the bests as most of those drivers will mostly tell you stories [/b]to short change you and wreck your bus.
@bolded.
That's if you are kind.
Try that with my brother and you are fired.
He has this coaster bus and baba is very strict with it.
The day you come back with stories is the day you wil get fired. No pity.

1 Like

Re: How Much Do I Need To Start A Danfo Business?? by DEBJOCH1(m): 8:55pm On Jan 12, 2021
YOU ARE ABOUT THROWING YOUR HEARD EARN MONEY INTO THE SEA, TWO THINGS ARE INVOLVE HERE, IS EITHER YOU DRIVE THE BUS YOUR SELF, OR YOU GIVE THE BUS TO A DRIVER WHILE YOU BECOME THE CONDUCTOR.. YOU NEED TO LEARN STREET AND BUS STOP LIFE TO SUCCEED IN DANFO BUSINEDS.

1 Like

Re: How Much Do I Need To Start A Danfo Business?? by Idaytesj29(m): 8:56pm On Jan 12, 2021
ipobarethieves:
cool transportation business isn't for the fainthearted.If u aren't strong/can withstand storm (wish U understand).Dnt venture into transportation business.

Enlighten the op na, this short short words won't really help him
Re: How Much Do I Need To Start A Danfo Business?? by autocom: 8:57pm On Jan 12, 2021
If you can't drive it yourself please don't try it
Re: How Much Do I Need To Start A Danfo Business?? by IceTrice01: 8:57pm On Jan 12, 2021
Yusufisraelj:


You see this depends on where you stay? Here in my place, you should be looking at #750,000 bkos of the demographics things are not expensive here and auto delears deal directly from Benin republic, so they buy the vehicle at 450 or so and sell at 700 while the 50K takes care of contingencies and the clearance.

Drivers license will be taken care of by the driver, while you take care of vehicle particulars until he remits as agreed that's if you would want to give over the vehicle.

But your location seriously informs cost. But the beautiful thing is if done right you have nothing to worry about as regards profit.


Where's ur location please? Idiroko or badagry? I'll like to get a contact that'll get me a vehicle, Honda City precisely
Re: How Much Do I Need To Start A Danfo Business?? by IceTrice01: 8:59pm On Jan 12, 2021
StrikeBack:
put it on the road yourself


Are you advicing him to Join Lagos agbero? He'll lost three teeth by the end of the third week o
Re: How Much Do I Need To Start A Danfo Business?? by DEBJOCH1(m): 9:07pm On Jan 12, 2021
IF YOU ARE THE SOFT TYPE PLEASE DONT TRY GOING INTO TRANSPORT BUSINESS IN NIGERIA. DONT MAKE THE MISTAKE IF HANDING YOUR BUS OVER TO ANY ONE, IS EITHER YOU DRIVE IT YOUR SELF, OR YOU BECOME A CONDUCTOR TO YOUR DRIVER. YOUR MUST LEARN THE STREET AND BUS STOP LIFE STYLE. YOU MUST GET USE TO FLAMZY EXCUSSES. YOU MUST BE USE TO LASTMA. TRANSPORT BUSINESS NO BE OFFICE WORK, IT SHOULD BE LEFT ONLY FOR THE STREET PEOPLE. I WILL ADVISE YOU TO CHANNEL YOUR MONEY INTO SOMETHING ELSE, DONT LEARN THE HARD WAY.
Re: How Much Do I Need To Start A Danfo Business?? by plasgidy: 9:08pm On Jan 12, 2021
StacyO:
Hello, men in the house.
I'm planning on investing some money into the danfo business world.
But,I still haven't gotten any tangible info from most of the researches I've made.

I know there are a lot involved in it but, I want to know roughly, the total amount of money one needs to hold on to, before venturing into the business.
With the purchase of the bus, maintenance and perhaps government clearance.
Can a million naira be able to possibly get all this things sorted out??


For a fact I won't be the one driving it, how much returns do you think the driver should drop for me everyday?

Candid advice needed.

Please if you are not going to drive it your self run away oo, you will end up feeding drivers and road touts without thanks, Uber is better if you can, cos the money will be going into your account direct then you pay the driver and you see when he is working or not and the car mileage will help to track him when he is telling lye even if he collect cash car mileage and gps tracker will catch him life, your peace of mind is paramount please.
Re: How Much Do I Need To Start A Danfo Business?? by RioCarputo(m): 9:10pm On Jan 12, 2021
my suggestions is why can't you get a good tokunbo 18 sitters bus or a sienna and get yourself a trustworthy and reliable driver preferably via another driver of a reputable transport company and start running interstate transportation......the driver can be doing Lagos to the South East/ South South or Lagos to the Northern part of the country..... he can be shuttling thrice a week and it would pays you and save you from every day talk talk wahala shalaye......Tor.
Re: How Much Do I Need To Start A Danfo Business?? by Bullman(m): 9:14pm On Jan 12, 2021
StacyO:
Hello, men in the house.
I'm planning on investing some money into the danfo business world.
But,I still haven't gotten any tangible info from most of the researches I've made.

I know there are a lot involved in it but, I want to know roughly, the total amount of money one needs to hold on to, before venturing into the business.
With the purchase of the bus, maintenance and perhaps government clearance.
Can a million naira be able to possibly get all this things sorted out??


For a fact I won't be the one driving it, how much returns do you think the driver should drop for me everyday?

Candid advice needed.

When you finally know how much u need to kick start your danfo hustle,
Make sure u drive the bus your self or give it out on hire purchase if you give it out on daily or weekly returns bros life go tire you, you fit enjoy returns for the first one month if you are lucky., but bro u see the remaining months ehn na story upon story your driver go de return give u instead of cash.
Be wise on your investment. Good luck
Re: How Much Do I Need To Start A Danfo Business?? by RioCarputo(m): 9:15pm On Jan 12, 2021
If you yourself are not stubborn, tough, rugged and ready for any wahala or you're not the talking type, please do not venture into danfo business ooooo.you will get tired after few months of so much shalaye ......and those drivers when they sees you're not someone who likes trouble they will capitalise on that and start giving you flimsy excuses every now and then....
Re: How Much Do I Need To Start A Danfo Business?? by Idaytesj29(m): 9:16pm On Jan 12, 2021
RioCarputo:
my suggestions is why can't you get a good tokunbo 18 sitters bus or a sienna and get yourself a trustworthy and reliable driver preferably via another driver of a reputable transport company and start running interstate transportation......the driver can be doing Lagos to the South East/ South South or Lagos to the Northern part of the country..... he can be shuttling thrice a week and it would pays you and save you from every day talk talk wahala shalaye......Tor.

Makes sense! Major problem is still the driver
Re: How Much Do I Need To Start A Danfo Business?? by Indehouse(m): 9:19pm On Jan 12, 2021
Boss greetings boss,Abeg which kind tokos danfo person fitvget for that amount,please throw more light,me self get interest in this kind business.

1 Like

Re: How Much Do I Need To Start A Danfo Business?? by Wunna: 9:21pm On Jan 12, 2021
This Stacyo again embarassed



Sighs*
Re: How Much Do I Need To Start A Danfo Business?? by YModulosGodSon: 9:32pm On Jan 12, 2021
Hi... Permit me to add a few thoughts to your enquiry

1. If your choice of danfo isn't already cast in stone and iron I'll advise you go for a car and place on Hire Purchase

2. Danfo drivers are in a world of their own, including the educated ones. Trust me, you don't wanna stroll into that world as a noob armed with a newly purchased Danfo...

3. Whatever your choice of Vehicle, please place it on Hire Purchase and have a written agreement with your Driver

4. Supervision Supervision Supervision ... Make unplanned visits to see the state of your vehicle regularly. Call your driver and make him bring the vehicle to wherever you are... Downside is you may have to lose a part of the weekly remit for that week but trust me it would always be worth it.

5. Treat your driver right... Treat him like you would an employee... Ask him questions outside of work and be interested in his happiness and well being.. Not necessarily because you want to but because it buys his loyalty (very important recipe for success)

6. Then, go hard... After playing nice. Don't be hesitant to yank off the deal if the success of the venture is threatened at any point of time...

7. Transportation business is lucrative. I am open to further discussions. I wish you good luck

4 Likes

Re: How Much Do I Need To Start A Danfo Business?? by RioCarputo(m): 9:33pm On Jan 12, 2021
Idaytesj29:


Makes sense! Major problem is still the driver
she should go to any of those transport company and seek a God fearing or religious driver there, via him she could get a trustworthy and reliable driver.....
Re: How Much Do I Need To Start A Danfo Business?? by Kokaine(m): 9:35pm On Jan 12, 2021
StacyO:


Will the hire purchase generate more money than when I actually put it on the road myself??
if you're not the one driving it, its quite a herculean task getting trust worthy people though
Re: How Much Do I Need To Start A Danfo Business?? by Brunicekid(m): 9:37pm On Jan 12, 2021
Idaytesj29:


Enlighten the op na, this short short words won't really help him
*help her
Re: How Much Do I Need To Start A Danfo Business?? by Kokaine(m): 9:38pm On Jan 12, 2021
Yusufisraelj:


You see this depends on where you stay? Here in my place, you should be looking at #750,000 bkos of the demographics things are not expensive here and auto delears deal directly from Benin republic, so they buy the vehicle at 450 or so and sell at 700 while the 50K takes care of contingencies and the clearance.

Drivers license will be taken care of by the driver, while you take care of vehicle particulars until he remits as agreed that's if you would want to give over the vehicle.

But your location seriously informs cost. But the beautiful thing is if done right you have nothing to worry about as regards profit.
are you saying 800k can get a clean danfo
Re: How Much Do I Need To Start A Danfo Business?? by Wiifesnatcher(m): 9:38pm On Jan 12, 2021
Oyindamolah:
Transportation business is high risk especially if you are not the one directly handling and managing it - keke, danfo or uber. It can run you down in a few months into the business.

Nigerian commercial motorists operating on hired purchase arrangements are the worst property managers and untrust-worthy fellows. It's takes grace for you not to commit murder and suicide when dealing with them.

Your best bet is to run it yourself. Keke, Danfo or Uber are all profitable. It depends on your capital outlay to support it. For example,
Danfo is about 950k
Uber Corolla, a very good first grade tokunbo 1.2m
Keke is about 750k.

I have known some acquaintance who started from Keke and added danfo in a few months.

The issue with danfo is the stress, not everyone doing uber can do danfo. as regards the stress "agbero" wahala. If u are not the troublesome type, you are going to find it difficult, troubles from passengers, agberos, name it, it will frustrate you, but that's if you are driving it yourself.



you people should get your research well oo, how can minibus be going for 1.1m currently and you're calling danfo tokunbo 750k and 950k


and Toyota corrola that's 2m above 1.2m
Re: How Much Do I Need To Start A Danfo Business?? by Mrtaye: 9:43pm On Jan 12, 2021
Leezah:
Whatever suggestions you get here, have it at the back of your mind that all the options requires monitoring and proper knowledge of their modus operandi

You're very correct am also a transporter and you need to have an idea of how it operates else
Re: How Much Do I Need To Start A Danfo Business?? by BenBradley(m): 9:43pm On Jan 12, 2021
I’ll advise you to search for other sources of income, something you can be in control of... you don’t want someone feeding his family from your sweat and giving you excuses... I’ll advise you leverage the internet.
Re: How Much Do I Need To Start A Danfo Business?? by Nobody: 9:43pm On Jan 12, 2021
Oyindamolah:
Transportation business is high risk especially if you are not the one directly handling and managing it - keke, danfo or uber. It can run you down in a few months into the business.

Nigerian commercial motorists operating on hired purchase arrangements are the worst property managers and untrust-worthy fellows. It's takes grace for you not to commit murder and suicide when dealing with them.

Your best bet is to run it yourself. Keke, Danfo or Uber are all profitable. It depends on your capital outlay to support it. For example,
Danfo is about 950k
Uber Corolla, a very good first grade tokunbo 1.2m
Keke is about 750k.

I have known some acquaintance who started from Keke and added danfo in a few months.

The issue with danfo is the stress, not everyone doing uber can do danfo. as regards the stress "agbero" wahala. If u are not the troublesome type, you are going to find it difficult, troubles from passengers, agberos, name it, it will frustrate you, but that's if you are driving it yourself.

Where you wan see Corolla for 1.2M? You wan thief am?

Something that is around 2.6M now. Siddan for there.
Re: How Much Do I Need To Start A Danfo Business?? by Nobody: 9:45pm On Jan 12, 2021
Wiifesnatcher:




you people should get your research well oo, how can minibus be going for 1.1m currently and you're calling danfo tokunbo 750k and 950k


and Toyota corrola that's 2m above 1.2m

I tire oh my brother, same thing I noticed. Some people are still living in 2014 before BUBU became our president.

Even with 2.5M , if you are not careful they will sell Nigerian used Corolla to you. Last lass to buy a super clean Corolla, one needs around 3M.

At the end of the day, those Nigerian used vehicles don't even last. 6 months problem dom start, OP will start blaming village people.
Re: How Much Do I Need To Start A Danfo Business?? by smatme(m): 9:47pm On Jan 12, 2021
My brother, if you can't drive your bus by yourself after the purchase, you better keep your money in your fixed deposit account.



Dts a golden advice from my personal experience.

I can't 4gt my orange color VW T4 in a jiffy.

1 Like

Re: How Much Do I Need To Start A Danfo Business?? by Wiifesnatcher(m): 9:48pm On Jan 12, 2021
Yusufisraelj:


Pls get my contact from my profile, recently gave the contact to someone via what's up.


how much can that your agent help one get those mini bus Suzuki auto? it's sold 1.1m already in Nigeria
Re: How Much Do I Need To Start A Danfo Business?? by Wiifesnatcher(m): 9:50pm On Jan 12, 2021
ashantitope:
Firstly a million can't be enough because you can't easily see varagon or T4 at that price secondly am not discouraging you about the business but you can't gain from it if you are not doing it by your self I have like 3 before I sold them off one after the other just because am working and expecting money but I received story everyday


was surprise to see people typing 750k and 950k for danfo toks when mini bus is sold 1.1m here
Re: How Much Do I Need To Start A Danfo Business?? by ofiko123(m): 9:51pm On Jan 12, 2021
#1200..
Re: How Much Do I Need To Start A Danfo Business?? by ElValiente(m): 9:53pm On Jan 12, 2021
StacyO:
Hello, men in the house.
I'm planning on investing some money into the danfo business world.
But,I still haven't gotten any tangible info from most of the researches I've made.

I know there are a lot involved in it but, I want to know roughly, the total amount of money one needs to hold on to, before venturing into the business.
With the purchase of the bus, maintenance and perhaps government clearance.
Can a million naira be able to possibly get all this things sorted out??


For a fact I won't be the one driving it, how much returns do you think the driver should drop for me everyday?

Candid advice needed.

I'm into this. Contact me. They won't turn you to edun arinle ooo. I learn late but I learn.

1 Like

Re: How Much Do I Need To Start A Danfo Business?? by ecomalchemist(m): 9:53pm On Jan 12, 2021
Don't venture Into that business, it will end in premium tears cause wahala be like agbero wey dey shout "owo mi da".

Go and learn mini importation or dropshipping.

Double that money in 2 months selling a hot product on Facebook and Instagram using paid advertising.

Go to trafficmastery.ng to learn.

Keep your 1M...enter Instagram and find unique sellers, enter idumota, enter eko...use iphone with good backdrops and snap professional pictures...

Strike a deal with them to become an affiliate, that way when you get an order, you simply ask your affiliate partner to deliver directly to your customer.

Remove your profile, wash rinse and repeat.

There are smarter ways of making money in 2021 from the comfort of your home without stress.

Stay blessed.

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