Towing Company - Owner Retiring
| Asking Price: | $500,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $133,312 (comments below) | Real Estate: | $250,000 ++ |
| Cash Flow: | $62,377 (comments below) | FF&E: | $273,500 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: reported income | |||
| Cash Flow Comments: reported cash flow | |||
This family owned towing company has little competition in North Central Arkansas, with 50,000 residents in the immediate area. Started in 1975, this sale includes 5.5 acres, the shop, a trailer, and the owner's 2200 square ft. home. This business is 80% work for the general public, and 20% work for local law enforcement. The value of the real estate and assets exceed the asking price for this established business with an retiring owner who would be willing to train extensively. The equipment on hand would easily support a much larger volume of work. The owner is in his 60's and needs to retire due to age & poor health. An aggressive new owner could vastly expand the business without adding equipment.
About the Business
Year Established:1975
Employees:3 full time -
Relocatable:Yes
Home Based:Yes
Facilities:This sale includes 5.5 acres with a 2200 square ft. home, a 40x60 shop, and a 16x60 ft. trailer. The location is three miles outside of Batesville, AR., a city of 30,000
Market Outlook and Competition:little competition
The equipment is in place to greatly expand a business operated by an elderly owner.
About the Sale
Management Training and Support:owner will train
Reason For Selling:retirement, bad health
Seller Financing:negotiable terms
KEYWORDS: towing arkansas wrecker auto automobile batesville
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