Very successful towing & recovery business
| Asking Price: | $2,500,000 | Inventory: | $20,000 ++ |
| Gross Revenue: | $2,500,000 (comments below) | Real Estate: | $1,200,000 ++ |
| Cash Flow: | $334,102 (comments below) | FF&E: | $320,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: steady and increasing every year |
| Cash Flow Comments: Cash flow is SDE |
22 years of great reputation come along with this towing and recovery business in the Matanuska Valley, about 50 miles north of Anchorage, Alaska. The company owns 14 towing trucks and has 11 employees. Dedication to service has resulted in great relationships with the Alaska State Troopers, the police dept., the State of Alaska, the large insurance carriers, and many more. The Matanuska-Susitna borough is the fastest growing area of Alaska and one of the fastest growing areas in the U.S. The company owns four acres of land, two fenced acres in Palmer and two fenced acres in Wasilla each with a warehouse and an office building.
About the Business
Year Established:1986
Employees:11 full time -
Facilities:There is a warehouse of about 3900 square feet that is leased on a long term basis to the Alaska State Troopers and a small wood frame office building. The Wasilla property also has a small office structure.
Market Outlook and Competition:This company is the largest towing and recovery company in the Mat-Su Borough. The market outlook is good for continued growth.
About the Sale
Reason For Selling:retirement
Seller Financing:Seller would be willing to finance a portion of the sale especially if the sale included the real estate. Buyer could purchase the business without real estate, but this is not the sellers' preference.
KEYWORDS: towing
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