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Businesses For Sale   >>   Other Auto Related Businesses For Sale

Rapid Response Towing & Recovery

Location  Washington,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1127110
Net Profit / Cash Flow  $326507
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1965
Number of Employees  10 - 19
Inventory  808500
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Key employees will most likely stay after transition. Owner available for a reasonable transitioning.
Reason for Sale  Approaching retirement.

Description  
This rapid response towing and recovery company is located in northwest Washington. This business operates 24 hours a day/7 days a week and ensures damage free tow and recovery. They use GPS tracking to make sure the customer is serviced as soon as possible. They tow all types of vehicles at a very competitive price. They have moved RVs, 5th wheel trailers, gooseneck trailers, heavy machinery, small forklifts, small tractors, antique autos, lathes, and more. In addition to towing, they also offer roadside assistance to customers who have been locked out of their vehicle, have a flat tire, or simply ran out of fuel. This business currently has a contract with many loyal customers. They are the only towing company in the area that has outside sales people who have their own sales rigs. This towing company has been in business since 1965 with the current ownership starting in 2005. After years of hard work and loyal customers standing true throughout the years, the current owner has decided to retire. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. Out of their total revenue, 35% comes from auto clubs, 25% from private property impounding, 15% from retail and dealership insurance billing, 15% from police rotation for five police agencies, and 10% from commercial accounts. With stable revenues and lots of opportunity for growth, this is a great opportunity for an assertive new owner. For more information on this listing, contact us today. Asking price $1,600,000.00. 70% repeat clientele. There are 18 vehicles total, including tow trucks, specialty trucks, and sales vehicles. Equipment and inventory included in the sale, more details available upon inquiry.


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