Towing & Recovery - Since 1990
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $450000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 4 - 5
Inventory 125000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Yes.
Reason for Sale Other Obligations.
Description This towing and recovery business has been established for 15+ years, and continues to be a growing, profitable business. The company has a number of contracts (municipal & AAA), and has strong relationships with many local communities.
This is a turn-key opportunity which includes all equipment, contract assignments and goodwill. The employees are not yet aware that a sale of the business is being contemplated however it is believed that all will elect to stay with the new owner. In addition the seller is willing to stay aboard for a short term to train the buyer and introduce them to appropriate business contacts.
The real estate is also available for an additional $240,000. The property fronts on a busy State highway, and measures .75 acres with 2 buildings, one an office, the other a workshop. In the event the buyer elects not to purchase the property a long term lease for office and yard space will be provided at this location. Contact for more information on this Towing & Recovery business for sale.
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