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Rail car owners ecconomics

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Economical data for:-
  • Co-operative of car owners
  • Council

Operating a car is a profitable business:

Takings from tickets

$54k per year *)
3,650hrs @$15 per hr 
(average of 2.8 passengers per departure, or 22 passengers per h; each paying $.7)
*) guaranteed by Council

Total revenue

$228k per year
being ticket sales, plus:- 
  • $10k  takings from inside advertisement
  • $91k  revenue from add-on sales
  • $73k  payment from Op Co-op


Price of car

$590k 
Operating expenses

$107k per year
included are :
  • $47k interest payable (being $590k@8%)
  • $2k electricity
  • $3k insurance
  • $33k cost of alternative driver
  • $18k maintenance of car
  • $5k sundry
 
Profit

before depreciation, tax
$121k per year
to compensate for:-
  • operator's own work (assumed 2,000hs)
  • repayment of car loan
  • reward for investment risk
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