Tow Company For Sale

Listing ID: 700142855

Listing Title: Tow Company For Sale

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Industry: Business Services

Industry Segment: Towing

Country: United States

State / Province: California

Area Southern California - All Southern California

City: Riverside - San Bernadino

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $1,067,000

Cash Flow: $365,000

Cash Flow Type: EBITDA

Year Established: 2000

Number of Employees: 4 - 5

Business Description:
TWO FOR ONE TURNKEY! Enjoy your own lucrative turn key towing business in a beautiful Southern Californiaresort area. Two seperate locations each with extremely profitable contracts that include - CHP, Sheriff, City tows, storage, CODs, AAA, Allstate, Signature, National, USAC, Cross Country, Coachnet, etc. Very limited competition. Fully trained staff. Current owner will provide training and remain on contracts until all contract transfers are complete. New owner must be able to refinance or take over current vehicle financing on 11 units, all 2006 or newer, approx payment per month $16,600 on $650,000 worth of equipment. 20 year property lease available from current owner for $4000/month for each location. Properties are both newly updated. New owner must pass AAA and CHP background check. Asking price $1,800,000, owner may carry with $500,000 down at 6% over 20 years payable in 10. Selling due to other interests. New onwer has great growth potential if creative and motivated to expand into currently unexplored areas. Contact for more information on this amazing opportunity. Non disclosure agreement required before any further financial specifics are given.

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