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Towing Business For Sale
Location: United States -> Arizona -> Phoenix
Industry: Business Services > Towing

Business Summary

Established Towing/Repossession/Private Party Impound business for sale in Phoenix, Arizona. The asking price is $495,000. We will finance the right buyer with $300,000 down payment. The business currently generates a revenue of $60k to $80k with profits of $30,000 a month. The company can provide complete documentation of these numbers. The company is growing every day and the company should expect double that income within 6 months. In fact, we are turning away work daily because we don't have enough trucks. I am selling the business to move to another state and do this exact same thing. I am willing to stay on as a paid consultant for up to 6 months and help manage the business and continue the success if requested by new owner.

Daily Operations- As an owner, I prepare payroll and manage the advertising. The company is easily run and managed by 1 of our 6 employees. If you are an investor and not interested in hard work, just profits, this business is for you. This is a very simple business. TRUCK+DRIVER= CASH! I have the accounts and the correct model for the business to run on its own. The company runs 3 trucks daily. The average driver makes about $175 per day. There is a dispatcher whom dispatches the tow calls out to each driver. Our software program tracks each driver and his daily totals. This is all automated and simple to use. The company runs 18 hours a day. We have an office in which we handle our dispatching. We have a small storage facility that holds clients repossessed cars. We tow about 17 cars a day a repossess another 3-5. The room for growth is huge. We have the work to add two more trucks and keep drivers busy all day.

Profit/Loss- The Company is extremely profitable and always will be. It is easy to manage and not much work required. Daily revenue is between $2000- $2700 per day. The company profits between $800 and $1300 daily. Monthly average profit is $30,000. Yearly, we are on pace for $360,000 in profits. Yes this is actual numbers


Asking Price Range:  $250K - $500K
Gross Revenues:   $840,000
Cash Flow:   $360,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $102,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Opening identical business and model in another state

Print Listing Id: 700279775
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Also See: Franchise Opportunities > Franchise Resales > Arizona Businesses For Sale > Arizona Franchises For Sale > Arizona Business Brokers

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