Auto Towing Company Established 1994
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $600000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 30 days as needed.
Reason for Sale Retiring.
Description Established towing business in San Luis Obispo county on the central coast. This business has a strong customer base and excellent profits. There are six (6) vehicles in the fleet, valued at approximately 300k, with the capability to tow anything from a motorcycle to an 18-wheeler. In fact, seller says this is one of few towing companies on the central coast able to tow big rigs.
Seller states they have a great reputation and loyal customer base. They are strategically located next to a busy freeway. The business leases a two-acre parcel with 1200 square feet modular used for the office with very reasonable rent. There is plenty of room for parking and storage on-site.
Furniture, fixtures and equipment is valued at about $300,000. The business also has $25,000 accounts receivable. Owner is wiling to provide support and training for a smooth transition. Owner is willing to carry 365k for 7 years at 7%.
Square feet: 2 acres.
Base rent: 1,450.00
total rent: 1,450.00
4 p/t employees.
Years in business: 06/1994.
Years by owner: 06/1994.
Hours open: 24 hours.
Days open: 7 days.
First Choice Business Brokers
805 237-2888
Click Here To Contact Seller
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