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Dump truck profit share?

Discussion in 'In the Office' started by wrc, Aug 28, 2018.

  1. wrc

    wrc Well-Known Member

    Joined:
    Feb 21, 2014
    Messages:
    129
    Location:
    Topeka
    I've heard lots of stories about dump truck drivers working for a percentage of what the truck grosses. I've got a dump that rarely gets used but I just feel the absolute need to keep it around. I was wondering about trying to find a driver other than my self for that truck and tell them "you get x percentage of what the truck groses, go find the work and keep it as busy as you would like." Has anyone else ever heard of this and have any idea how to structure the setup? I'd be using the same truck for my minimal usage so would have t9 figure out how to pay out for that. But in my head if I've got this truck just setting it's costing me money might as well have it running up and down the road. Insurance tags and taxes won't change a penny, just general upkeep and fuel will cost more as I would expect. Any help on this matter would be greatly appreciated
     
  2. petepilot

    petepilot Well-Known Member

    Joined:
    Jul 7, 2018
    Messages:
    83
    Location:
    central shenandoah valley va,
    don`t know much about the topeka area of kansas but around here just finding some one capable of driving a dump is like finding a diamond in a bowl of cornflakes
     
    CM1995 and td25c like this.
  3. Wes J

    Wes J Senior Member

    Joined:
    Jan 24, 2016
    Messages:
    473
    Location:
    Peoria, IL
    Not to be rude, but if you can find a guy who can drive, find work, and do said work profitably, what's he need you for? That guy exists, but he probably already owns a truck.
     
    CM1995 likes this.
  4. wrc

    wrc Well-Known Member

    Joined:
    Feb 21, 2014
    Messages:
    129
    Location:
    Topeka
    I know what your saying there. I was thinking someone that maybe couldnt get the financing for one. Or someone who only wanted to work it a day or two a week. I'm not looking to keep it full busy as I want to use it for my business aswell but maybe just to have it help pay a little for its self
     
  5. Wes J

    Wes J Senior Member

    Joined:
    Jan 24, 2016
    Messages:
    473
    Location:
    Peoria, IL
    Maybe a retired guy looking for something to get him out of the house.
     
  6. dayexco

    dayexco Senior Member

    Joined:
    May 21, 2005
    Messages:
    1,215
    Location:
    south dakota
    what if he takes a bunch of "side" jobs....you're not aware of and he pockets it?
     
  7. wrc

    wrc Well-Known Member

    Joined:
    Feb 21, 2014
    Messages:
    129
    Location:
    Topeka
    I just figure I'll know about the side jobs as the truck will be parked at my shop when not in use and I currently work it 2 or 3 days a week. I am hoping he or she would keep it busy the other 2 days, in return for keeping it busy them two days they would receive most all the income it generated anyhow. I am only looking to pay a driver minimal while on my own jobs so I figured it would be a nice benefit for the driver to pocket good money on subcontract jobs.
     
  8. old-iron-habit

    old-iron-habit Senior Member

    Joined:
    Nov 23, 2012
    Messages:
    3,187
    Occupation:
    Retired Cons't. Supt./Hospitals
    Location:
    Moose Lake, MN
    Its all about finding someone trustworthy. A retired guy just might be the perfect guy for you. I was asked the other day if I could fill in on a gravel truck for a local contractor friend. He only wants 60 hours a week until freeze up. I said we could stay friends but NOPE. If he had said a day or two here and there it may have been fun.
     
    thepumpguysc and td25c like this.
  9. suladas

    suladas Well-Known Member

    Joined:
    Jun 30, 2016
    Messages:
    126
    Location:
    Canada
    Like others said most important part is finding someone good. The added issue is if it's not their truck and they are getting a %, depending on how job is being paid they might be harder on truck to get it done quicker. IMO unless you can find someone who you know will take care of truck, it's not going to make you any money. There is hardly any money running a dump to begin with, never mind when you have someone running it into the ground and breaking stuff.

    I think it would appeal to some. No risk of buying equipment, or risk of repairs is huge.