Cargo Van Business Plan

For most solo cargo van operators, a 1-2 page lean plan is enough as a thinking tool. For operators applying for financing on the vehicle or starting an Amazon DSP operation, a more formal plan is required. This article walks through both. It's part of the Cargo Van Business guide.

When you need a formal plan

You need a formal plan if you're applying for:

  • An auto loan on a commercial cargo van (most lenders ask for at least basic projections)
  • An SBA loan for vehicle and working capital
  • Amazon DSP application (Amazon wants to see your financial commitment and operational plan)
  • Equipment financing on a van conversion or upfit

For a cash purchase of a used van plus modest setup costs, the lean version is enough.

The lean plan (1-2 pages)

1. The pitch

"Sandhill Delivery is a solo-owned cargo van delivery and courier business operating in [city/county], offering same-day local delivery, courier service for small businesses, and contracted route delivery. The business uses [year] [make/model] cargo van and operates as an LLC."

2. The customer base

Who hires the van and what for? Be specific:

"Target customers include: (1) gig delivery platforms (Roadie, Uber Connect) for variable supplemental work; (2) local businesses with regular delivery needs (florists, auto parts stores, medical labs); (3) one-time moving and hauling jobs through Facebook and Nextdoor referrals."

3. The pricing

ServiceRate
Hourly courier rate$50-$80
Same-day delivery (per stop)$25-$60
Moving and hauling (per hour)$80-$150
Routes (per route, by contract)varies

4. The startup costs

LineCost
LLC, EIN, banking$250
Commercial auto insurance (year 1)$3,500
General liability insurance (year 1)$600
Used cargo van (if not owned)$0-$25,000
Vehicle inspection and minor maintenance$300
Shelving, hand truck, straps, blankets$500-$1,500
Vehicle decals and signage$100-$500
Initial fuel and float$300
Buffer$500
Total$6,050-$32,450

5. The year-1 revenue projection

MonthsEstimated revenue
1-2 (ramp)$1,500-$3,000/month
3-6$3,000-$5,500/month
7-12$5,000-$8,000/month
Year 1 total$36,000-$72,000

6. The year-1 operating costs

LineAnnual
Fuel$8,000-$15,000
Vehicle maintenance$2,500-$6,000
Insurance (commercial auto + GL)$4,100-$6,000
Vehicle license, registration, fees$200-$600
Software, banking, fees$300-$800
Marketing$200-$800
Total$15,300-$29,200

7. The year-1 profit estimate

Revenue $36,000-$72,000 minus costs $15,300-$29,200 = $20,700-$42,800 net before self-employment tax.

After 15.3% self-employment tax,1 roughly $17,000-$36,000 take-home before federal and state income tax.

If you also have a vehicle loan payment, subtract that. A $25,000 used van financed over 60 months at 9% APR is roughly $520/month or $6,240/year, which would reduce the net by that amount.

8. The risks

"Main risks: (1) vehicle breakdown taking the only revenue-producing asset out of service; (2) inconsistent delivery work in the early months; (3) fuel cost increases compressing margins; (4) gig platform pay rate cuts; (5) liability claim from a delivery accident or property damage."

That's the lean plan.

Amazon DSP application requirements

If you're applying to Amazon's DSP program specifically, the application package is more elaborate:

  • Personal financial statement showing $10,000-$30,000+ in liquidity
  • Background check
  • Interviews with Amazon's selection team
  • Detailed business plan covering operations, financial projections, and management approach
  • Demonstrated leadership or management experience

Amazon's published expectations for DSP operators include managing 20-40 vans, hiring and managing 30+ drivers, and operating with thin margins on high volume. This is fundamentally different from the lean operator path.

Next steps

Or back to the Cargo Van Business guide for the rest.

Footnotes

  1. Internal Revenue Service, "Self-Employment Tax." 15.3% combined Social Security (12.4%) and Medicare (2.9%). irs.gov

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