Profitable Towing Company
Location Utah,United States
Asking Price Range $500K - $1.0M
Gross Revenues $522849
Net Profit / Cash Flow $176144
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2005
Number of Employees 6 - 9
Inventory 75000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Negotiable.
Reason for Sale Other business interests.
Description This well established and profitable towing company was established in 2005. In addition to business from repair shops and yellow page advertising, the seller currently has agreements with several apartment complexes and businesses to tow and impound cars that violate the posted parking rules. This generates towing fees as well as storage fees which are always paid in cash at the time the vehicle is released. In addition, there is income from selling cars that are not claimed either in used car markets and auctions, or to scrap metal companies, which are paying continually increasing rates for scrap metal. They have 6 full time employees in addition to the owner, and are poised for continued growth in police rotations and club towing agreements. Asking price is $527,000 and seller financing is negotiable for a qualified buyer. Contact for more information on this Towing company for sale.
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