Bare with me new to the site and first post.
I am considering going into business for for myself kind of. I am partner in a residential framing business currently and have we have rented many boom trucks for our jobs. Although we have rented in the past it has always been a goal of mine to buy, own, and run a 40-50 ton boom truck. This way we could utilize a crane much more and would ultimately I think be more efficient and quicker. Currently we use 6036 Telehandlers for our jobs now but I think I could eventually replace our telehandlers with boom trucks making work easier on our employees and essentially reducing employees (not by choice, you just can't find anyone that likes our kind of work today).
So with that being said (sorry for all the background info), if my plan ultimately fails and it doesn't work out as well as I was expecting I would have myself a boom truck business I would be having on the back burner which would turn into my full time job. What I am asking is some general cost break downs on maintenance, fuel, insurance, ect.... you know all the fun stuff that no one thinks about, broken down in a $/ crane hour figure. Just looking for some values to see what the bottom line would be at years end. Also would need to know how much of a discount to give my own company in the first scenario but making sure there is enough at the end of the day for general upkeep. I plan to buy if not new 1 - 3 years old with minor use so I am hoping this would help out with lower maintenance and higher efficiency. 40 Ton boom trucks rent for around $130-140/hour in my area.
Thanks for all the advise in advance!
I am considering going into business for for myself kind of. I am partner in a residential framing business currently and have we have rented many boom trucks for our jobs. Although we have rented in the past it has always been a goal of mine to buy, own, and run a 40-50 ton boom truck. This way we could utilize a crane much more and would ultimately I think be more efficient and quicker. Currently we use 6036 Telehandlers for our jobs now but I think I could eventually replace our telehandlers with boom trucks making work easier on our employees and essentially reducing employees (not by choice, you just can't find anyone that likes our kind of work today).
So with that being said (sorry for all the background info), if my plan ultimately fails and it doesn't work out as well as I was expecting I would have myself a boom truck business I would be having on the back burner which would turn into my full time job. What I am asking is some general cost break downs on maintenance, fuel, insurance, ect.... you know all the fun stuff that no one thinks about, broken down in a $/ crane hour figure. Just looking for some values to see what the bottom line would be at years end. Also would need to know how much of a discount to give my own company in the first scenario but making sure there is enough at the end of the day for general upkeep. I plan to buy if not new 1 - 3 years old with minor use so I am hoping this would help out with lower maintenance and higher efficiency. 40 Ton boom trucks rent for around $130-140/hour in my area.
Thanks for all the advise in advance!