We have established a company in the lucrative logistics industry, K2K Transportation.
We have initial funding pre-approved, though require start-up funding to cover the loan costs and establish a business account.
Executive Summary
K2K Transportation is run by co-owners Shannon Williams and Courtney Williams.
Shannon has over 10 years experience in the owner-operator field and over 20 years experience in the freight contracting and logistics industry.
Courtney has over 20 years of international manufacturing experience and holds an MBA with an emphasis in trade, logistics and freight shipping related to the textile industry. Their combined wealth of knowledge, entrepreneurship and professional drive is what has inspired K2K Transportation.
Two years of research and investment have gone into creating the best strategy to own and operate their own logistics company.
K2K Transportation will begin operations with a 5 carrier distribution model:
Semi Tractor-Trailer Dry
Semi Tractor-Trailer Refrigerated
Box Trucks
Car Hauling
Dump Trucks
These carriers will run nationwide - Koast2Koast - with a spoke and wheel structure for drivers to meet halfway and transfer trailers - enabling shorter over the road time and a higher driver retention rate.
Operations will begin with 10 tractor + trailer semi trucks, including dry bed and reefer, 5 box trucks for short and long haul with 4 dump trucks for local commercial business.
There are no limitations to the type of goods that can be carried.
The network of drivers K2K has established will support the revenue for each vehicle.
Within the 1st year an additional revenue stream will come from 2 car hauling trailers.
K2K Transportation is expected to turn a profit within the 1st year at a 18% profit margin. By the end of year 2 profit margin is expected to be at 33%.
Company annual growth rate is expected to be 20% in the 1st 3 years and 50% compounded growth rate from year 7.
To guarantee a successful start up for the business:
>K2K compliance is managed by TCS, Transportation Compliance Service, LLC
>K2K has a guaranteed letter of movement guaranteed stating a 7-day run will lead to a weekly gross revenue of $5700 to $6800plus per truck.
COMPANY GROWTH
PHASE I
Start up - first 3 months to 1 year
By October 2024 all vehicles will be running with 4 full time staff in time for the busiest time of the year; Nov-Jan.
PHASE II
1 - 3 years
Maintain company revenue growth, build strong brand awareness and reputation.
PHASE III
3 - 7 years
Invest in additional transportation hardware, operations personnel, and driver fleet.
Grow to a fleet of 100 vehicles across multi-channel transportation services operating nationwide.
Establish the K2K Academy to train and obtain more drivers and increase company reputation.
PHASE IV
7 - 10 years
Expand international reach to ocean freight and drayage storage.
Logistics is an industry that will always be in high demand with healthy profit margins.
The K2K Business Plan has accounted for all fixed and variable costs accounting for high variability of fuel and variable overhead operating costs.
K2K will re-invest 70% of annual net profit back into the company to support growth initiatives.
30% of annual net profit will be applied towards the initial funding amount for a guaranteed return on investment.
By year 10 K2K expects to have a Net Worth in excess of $42.2million.
The K2K multi carrier distribution model and unique Koast 2 Koast spoke and wheel nationwide coverage guarantees a solid risk mitigating business foundation to build on global expansion logistical coverage.
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