Taxi Operator Business 101

[Lotur]

Hi everyone

im seriously contemplating on starting a taxi operator business next year,
however i consider myself a noob re the ins and outs of a good operator...
initially siguro im thinking into getting at least 5-7 2nd hand toyota units once familiar na ko sa detalye... for now research and tanung tanong muna

can anyone refer me to a website/poster that can help me with the basics of becoming an operator? saka pati na rin ung mga diskarte sana sa maintenance and possible hassles along the way... id rather kasi invest my money na lang sa business instead of getting a new ride, medyo gipitan na rin kasi sa bansa natin ngayon

any tips will be much appreciated. tyvm

[Bry]

Nice thread.

I'm thinking of putting up a taxi business din next year. My uncle who owns the Munich taxis told me na para safe daw, you should start with at least 10 units. Target ko is yung mga 1-2 year old na Vios. Going brand new is going to be very expensive. Let's say 150T matitipid per unit, multiply that by 10 = 1.5M agad ang savings.

[Lotur]

marami na rin bang available franchised-vios units around 150k na for sale?
mukhang dabest taxi nga tong vios eh, and the taxi business is a very lucrative business talaga basta nahandle lang ng maayos, bawi agad ang puhunan in no time

un nga lang, anhirap magresearch sa net ng info re taxi ownership...
ok lang ba pre na iemail kita? iv got certain questions sana
im just scratching the surface kasi and i-assess ko munang maigi bago sumalang

salamat!

[vinj]

As with any business, this has to be quite hands-on and your drivers + overhead management will make or break it IMO. It is true though that for the business to be lucrative, you'll have to maintain a good number of units.

The 1.3 AE111 Corolla seems to be the popular choice now, especially with the LPG-equipped units.

[seonadancing]

My bro-in-law had a taxi business that went down. It all depends on your drivers, dapat marunong sila mag alaga kasi everyday na di makakapasada yun taxi mo e wala kang kikitain, plus you have to pay for the repairs. If you can come up with the initial investment to pay for the units then that's better, mahirap yun humiram ka pa ng pera sa bangko then relying on the profit to pay the bank. Maintenance cost yun kalaban since yun driver naman yun nagbabayad sa gas. I think 800 pesos yun boundary for each taxi then the rest goes to the driver. Dipende yun sa kotse kung bago o hindi.

[Bry]

Lotur: Wala din ako masyado alam pa dito eh, pareho lang tayo. I'm just scratching the surface din.

Yung boundary ng Corolla (AE111) is around 1,000-1,200 Php. Yung Vios naman 1,200-1,400 Php. For 24 hours yun ha.

[igorbaby]

Hi LOTUR,
I am also interested on this kind of business, saan ang area mo? Do you already have a garage?

Bry,
How many units of taxi your uncle have at this time? Who is maintaining all of his units?

I'm planning to have a VIOS as taxi, due to Toyota reliability & maintenance cost.

Thanks!!

[Lotur]

Hi LOTUR,
I am also interested on this kind of business, saan ang area mo? Do you already have a garage?

Thanks!!

Pasig area pre, pero canvassing pa lang
ive asked around and sabi mura na daw ang brand new sentra ngayon, then LPG ang the best route pa rin.

To tsikoteers:
Have yet to confirm sa casa eh, pero how much ba deals to get a 2006 Nissan Sentra and Corolla XL as possible taxis? I heard na 60k dp na lang sa Nissan just to catch up to Toyota sales?
thanks

[Bry]

igorbaby: AFAIK he has 50 units. I don't know who's maintaining it now, dati yung isa ko pang uncle pero they had a problem. Mahirap kasi minsan maka-trabaho pag relative, for obvious reasons.

[igorbaby]

Lotur,
Taga-Pateros lang ako. Actually, I am just on a project study to this kind of business, and almost 90% I will be on this business. Because I like business na hindi masyado malaki ang kita pero stable ang income.
Anyway, do you have any idea kung magkano ang boundary ng brand new taxi now?
I opt to get a brand new Toyota unit with a 1.3 engine, subok ko na kasi ang maintenance cost & reliability ng Toyota. Do you already have an idea in running transport business? Maybe we can discuss partnership, what do you think?

Bry,
Thanks for your reply, medyo matatag na uncle mo. it,s hard to deal so many drivers i guess!!

[Bry]

igorbaby: Mahirap daw makipagusap sa mga driver, that's why he hired a manager. Madami kasi daw natatanggap na death threats galing sa sariling drivers. Mahirap na. The drivers don't even know my uncle's face. Violent kasi yung iba, init ata ulo pag di umabot sa boundary.

[k2tingx]

Im also thinking of having the same business..but im a little apprehensive.. wala akong alam sa "ins and out"nito.. hope we can find someone who can enlighten us regarding this matter....ANYONE OUT THERE!!!!

[j_avonni]

Most taxis plying in Cagayan de Oro City now are brand new Toyota Altis J. For your consideration.

[Lotur]

Lotur,
Taga-Pateros lang ako. Actually, I am just on a project study to this kind of business, and almost 90% I will be on this business. Because I like business na hindi masyado malaki ang kita pero stable ang income.
Anyway, do you have any idea kung magkano ang boundary ng brand new taxi now?
I opt to get a brand new Toyota unit with a 1.3 engine, subok ko na kasi ang maintenance cost & reliability ng Toyota. Do you already have an idea in running transport business? Maybe we can discuss partnership, what do you think?

brand new taxis like altis and vios normally have 1400-1500 boundary, while 96 to 98 units around 1000-1200, 99 and in between 1200-1300 et al

after interviewing at least a hundred+ drivers (pag nagtataxi ako) for the past 6 months or so ive arrived at a conclusion: the taxi operator business is definitely lucrative. It all depends sa proper tutok ng maintenance and driver good moral character. Karamihan ng mga nakausap ko matitino naman, lalo na ung mga middle aged at pamilyado na, (35 yrs old and up). Sawa na siguro sa mga bangga at kalokohan
... iba na talaga nagagawa ng may pinapalaki

unfortunately iv yet to talk with a bigtime operator, puro small time pa lang pero ganun din ang feedback nila, as long as behave ang driver mo at maingat sa sasakyan, siguradong panalo. Lalo na kung beginner minimum investment lang by taking second-hand but well-maintained taxi units.

And of course kelangan din ng sprinkle of luck, and blessing ng nasa Taas.

Sure pre ok yang partnership pre Il discuss it muna sa family ko dahil d ko pa alam how we can work out the nitty gritty, pero for now very sure na ko next year na mag operator.

[igorbaby]

Lotur,

Those boundary rates are 24hrs o 12hrs operation? Sir, just let me know your location, maybe I can visit you next year during my vacation.

Thanks a lot!

igorbaby

[BoEinG_747]

Im also thinking of having the same business..but im a little apprehensive.. wala akong alam sa "ins and out"nito.. hope we can find someone who can enlighten us regarding this matter....ANYONE OUT THERE!!!!

..meron tayo isang tsikoteer dito ..ganito yata ang business ng magulang niya..hintayin nyo na lang ..
malamang marami sa ma itulong sa inyo..hanapin ko din ang thread na iyon

[smooth]

good luck guys. its always great to hear from enterpreneurial spirits.

just my 2 cents: yung isang family driver namin, dating taxi driver. dalawang beses daw siyang na-hold-up (at twice na siya nasaksak sa tagiliran) ng pasahero. ayaw na niya ng pangatlong hold-up kaya nag-family driver na siya. on both occassions (yung dalawang hold-up events), kasama nang na-carnap ang taxing minamaneho niya.

yung family driver din ng kaibigan ko, dati ding taxi driver. na-holdup naman siya ng babaeng pasahero (di daw siya makapaniwala up to now na naisahan siya ng babaeng pasahero), kaya nag-family driver na siya. na-carnap din ang taxi niya during the hold-up.

so guys, please get insurance for your taxi fleet. yun lang and good luck again. dami ko na ding na-interview na taxi driver kapag nag-ta-taxi ako and 99% said its a lucrative business (may isang nagsabing hindi daw).

[machoba]

mga brads, ok tong thread na binuksan nyo ah. Maganda nga ang taxi na negosyo. Pero mas mainam ata ang mga service type sa mga terminal compared dun sa mga naghahanap ng pasahero.

May alam ba kau sa joining fee at annual fee ng mga terminal... lalo na yung sa may park square one. nagiisip din kasi ako bumili ng urvan tapos gawin kong kabuhayan to aside pa sa 9 to 5 job ko. hehe.

[bucksville]

just to open another topic, guys, ever thought of FX operator? mas cool ata yung ganung business i guess..

[seonadancing]

I honestly think that there's way too much taxi around already. But sana naman itabi na nila yun bulok and open new franchises for wannabe operators with new fleet of taxis. if a vios cost like 550K and boundary is 1200 a day, 1 year and 3 months lang bawi ka na but that is the taxi is running every day of the year. But isipin nyo din kung buong araw tumatakbo yun taxi, bilis ma laspag nun and that's where maintenance cost comes in. Dapat siguro may sarili kayong mechaniko, that way di kayo sa casa o sa talyer pa magpapa maintain or repair.

Di ko lang sure kung yun driver o operator yun gagastos para sa repairs, o hati. dapat hati para ingatan ng driver yun kotse.