UNDER CONTRACT – SEMI-ABSENTEE PROFITABLE TOWING & VEHICLE REPAIR COMPANY FOR SALE (NO REPO)
The subject company is a well-established and successful towing business with an excellent reputation, strong relationships, and seasoned staff in place. It is one of the leading towing companies in the State of Arizona.
The company has a diverse revenue made up of towing, mechanical repair/service, and vehicle sales. As a leader in the Arizona market, their reputation garnered the company multiple service agreements with national freight companies, insurance companies, and government agencies.
The key areas of focus are towing, accident recovery, scrap metal sales, car sales, auction sales, fleet maintenance services, in-shop repairs, roadside mechanical services, and road assistance services, and 24/7 services available (no repo).
The business operates with key personnel in place allowing the owner to spend minimal time operating the company.
In addition to the consistent year-over-year seller’s discretionary earnings, 2018 – $865,093 / 2019 – $848,013 / 2020 – $882,808. The company operates with a healthy fleet of equipment that is well maintained to capture all revenue opportunities. All equipment is included in the sale.
The asking price for the company including assets is $3,300,000.
Asking Price: $3,300,000
Gross Income: $3,086,676
Cash Flow: $882,808
FFE: $1,500,000 (Included in Price)
Reason For Sale:Retirement
Training & Support:The seller is willing to train, the time frame is negotiable.
Year Established: 10+
Owner Hours Per Week: 10-20
General Location: ARIZONA