dafinator:
Only reason stobarts are doing this, like any firm that does this, is simple , they ain’t making enough profit, they need a mug for the heavy loads etc, empty running, this will not be in the owner drivers intrest, besides if your a driver these days and have 12 grand to chuck away, then can I intrest you in a bridge, its in London at the minute, I think I can get it cheap…
And thats exactly why McDonalds/KFC/burger king/tarmac/Hanson etc etc run franchises
The food franchises are long established models with a captive market of fat chavs who can’t be bothered to cook a decent meal at home. As for Tarmac/Hansons I’ve yet to see anyone declare they’re happy with either! A new franchise in transport in the depths of a recession flogged by Oor Wullie and Tinker is hardly a 5 star opportunity! I’d count my fingers after shaking hands with either of those two…
dafinator:
Only reason stobarts are doing this, like any firm that does this, is simple , they ain’t making enough profit, they need a mug for the heavy loads etc, empty running, this will not be in the owner drivers intrest, besides if your a driver these days and have 12 grand to chuck away, then can I intrest you in a bridge, its in London at the minute, I think I can get it cheap…
And thats exactly why McDonalds/KFC/burger king/tarmac/Hanson etc etc run franchises
The food franchises are long established models with a captive market of fat chavs who can’t be bothered to cook a decent meal at home. As for Tarmac/Hansons I’ve yet to see anyone declare they’re happy with either! A new franchise in transport in the depths of a recession flogged by Oor Wullie and Tinker is hardly a 5 star opportunity! I’d count my fingers after shaking hands with either of those two…
Looks to me like even the “mugs” believe this “fast eddie” wheeze is too good to be true,or they’ed have been shouting all over the thread how well they are doing,wouldn’t they ? Bewick.
dafinator:
Only reason stobarts are doing this, like any firm that does this, is simple , they ain’t making enough profit, they need a mug for the heavy loads etc, empty running, this will not be in the owner drivers intrest, besides if your a driver these days and have 12 grand to chuck away, then can I intrest you in a bridge, its in London at the minute, I think I can get it cheap…
And thats exactly why McDonalds/KFC/burger king/tarmac/Hanson etc etc run franchises
The food franchises are long established models with a captive market of fat chavs who can’t be bothered to cook a decent meal at home. As for Tarmac/Hansons I’ve yet to see anyone declare they’re happy with either! A new franchise in transport in the depths of a recession flogged by Oor Wullie and Tinker is hardly a 5 star opportunity! I’d
count my fingers after shaking hands with either of those two…[/quot
I must admit William Stobart despite having god knows who much to spend on a suit still looks like someone who offers to Tarmac your drive.
I too am suprised nobody is talking about it, thought someone by now would either be bragging about it or slagging it off! Its been quite some time since the initial advert, they’re still advertising it on the website.
The simple fact is, no boss in his right mind would make their wage smaller, to make the drivers wage bigger. If Mark Dixon ain’t doing it, then it can’t be worth it. After all, he’s the stobart glory boy
I have just been on their web site and they have removed the advert for the franchisee driver bit…Does anyone know of anyone who went for it and what the fine print said? Just curious!
I rather suspect that the sort of driver who would consider taking on a Stobart franchise is not the sort of driver who would frequent forum’s like this - surprisingly not every driver actually is a member of TNUK .
shuddent be so negative folks,some of these people who take up the stobart franchise may be intelligent…they may also invest in a pub , and a petrol station ,and a milk round ,and coal round …just to make extra cash…as delboy used to say ‘this time next year we’ll be millionaires’
On a smaller scale know a company had 30 of there own
lost a chunk of work dropped down to 15 redunaces and lorries sold
there profit per month at time was 5-12 k month
6 months later picked up some more work have now 5 fulltime subbies
and sub everything on a way over and above
the subbies in this case are earning good money and know this from fact
there own fleet always busy and if goes quiet then the adhoc subbies get no work then the next ones would be the fulltime subbies (this hasnt happend in last 2 years tho)
so in effect secures the jobs of the 15 drivers already there
there profit is now 15-35 k month and if work quiets they nt got costs and finance of the other 15 trucks to worry about
But the subbies didnt have to pay for a franchise tho
I def would not pay stobbies 12k to be a subby and would want all the figures first
I really cant understand this franchise idea- 12K to be tied into one supplier of work
save up a few grand more and become a none franchised owner Driver if thats what you want to do?
As I have said before on here, we have looked seriously at going down the Owner Operator route and have enough contacts locally to ensure when one type of work goes slack we can pick up work in a totally different sector- But still cant make the return on the initial investment attractive enough
We can get a higher yield throwing that amount of cash against a terraced house and renting it out and still have a saleable asset at the end.
Rikki-UK:
I really cant understand this franchise idea- 12K to be tied into one supplier of work
save up a few grand more and become a none franchised owner Driver if thats what you want to do?
As I have said before on here, we have looked seriously at going down the Owner Operator route and have enough contacts locally to ensure when one type of work goes slack we can pick up work in a totally different sector- But still cant make the return on the initial investment attractive enough
We can get a higher yield throwing that amount of cash against a terraced house and renting it out and still have a saleable asset at the end.
i cant really understand this franchise idea,id guess you wouldnt,id guess the only ones who are really i.t.k about it are the ones who attened the seminar about it at crick,they would of listened to what was put before them and then made a calculated decision on whether good/bad.
maybe in future that wouldnt be a bad idea ricky,approach stobarts and ask them if it was possible for someone like your self,tachograph,trucknet[level headed] to attend seminar,listen to whats put foward then report back on here,that way we wouldnt have to read loads of idiots telling the whole world about something they know nothing about,other than lets be a lemming,its stobarts its crap
But why would you pay your potential customer £12000 for the priveldge to work for them
I have one dedicated to one customer in their colours aswell but they pay me every month and ive never paid them a penny
What do you get for the 12k ?/ take a while to earn that back i expect
Then you still have your cashflow but are they going to pay you weekly
i doubt it
I for one wont be doing it
A very good freind of mine works at one of stobarts customers and the things you here about the planners they havnt got a clue and a wonder they make any money
only lasat week sent a night man to a lidl tip at 4am for a 6-12 booking pulled him out at 630 as his time up at 730am and hour back to depot
they were fined for missed delivery and to take back at there own costs
Some of things ive heard make you laugh not the drivers faults but planners
Rikki-UK:
We can get a higher yield throwing that amount of cash against a terraced house and renting it out and still have a saleable asset at the end.
Not if it falls in value by more than the rent you receive, bank mortgage rates are rising, transactions fell from 88,000 in March to 65,000 in April and according to the Halifax the value of the average property fell by 2.4% in that period, down by nearly £4,000.
If there’s one thing I wouldn’t put money into at the moment, it’s property.
ive bought two more over the last 6 months
really chaeap due to others misfortune which is worse bit
But make sure you get on the best buy to let as all the interest in tax deductable from the rent
not worth paying cash for or the whole rent comes taxable
no problems in renting out big shortgage at moment as not many can get mortgages
My Uncle did the same late eightes after big crash
90000 houses were going for 55-60k he bought five
same houses now worth 280- 300000 in todays market
(my couson has one of them and next door sold last month for 285000)
If you can get the credit and have the deposit worth it for longterm investment
wont be much of a state pension in 20 yrs time
.