Vehicle Towing & Auction
Location Georgia,United States
Asking Price Range $500K - $1.0M
Gross Revenues $265000
Net Profit / Cash Flow $145000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description The Company is sole proprietorship providing non-consensual vehicle towing services in a North Atlanta Suburb. Non-consensual towing is performed for business owners and residential apartment complexes to remove illegally parked or abandoned vehicles. Services include the towing of vehicles, storage services for towed vehicles, and vehicle auctions to sell abandoned vehicles. The Company has operated in the current location since the early 1980's.
2005 revenues were $265,000 with an owner's discretionary cash flow of $145,000. The Company operates at a 3.2 acre site with an appraised value of $360,000. The land, site improvements, operating equipment and an inventory of over 250 vehicles are included in the sale of the business. Additional revenue and cash flow potential exists for a new owner of this business who is willing to expand operating hours and more aggressively promote the business. Contact for more information on this Vehicle Towing & Auction business for sale.
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