Growing Profitable Towing, Truck Rental, and Impound Business
Location: Texas > Killeen, Austin
Industry: Auto Related > Other Auto Related
Financials
Asking Price: $285,000
Gross Revenue: $500,000
Cash Flow: $105,000
Inventory: $2,000 (Included in Asking Price)
FF&E: $80,000 (Included in Asking Price)
Real Estate: $345,000 (Not Included in Asking Price)
Seller Financing: Seller will finance property if desired.
Business Summary
This is a unique business opportunity, it comes with multiple streams of income. There is the towing business that has 3 trucks and room for more. An impound business. A national truck rental company which is the largest in 3 states and it has a large Body Shop the owner rents out month to month. All of this sits on 2.6 acres. All of this is included in the sale. A new owner can make this business as big as they want. There is a huge potential here. The towing company does PPI, police rotations, repair shop tows, etc. The impound business gets insurance storage fees, private autos, auctions cars, etc. The truck rental company is very busy, a good money maker. They own the Body Shop and are currently renting it out . This is a gold mine for any one in the car business or with management skills, so much potential here. Owner is ready is ready to retire after 27 years and will train for 3 months to help new owners get a fast and successful start. Property is also available for purchase and owner will finance the property.
About the Business
Year Established: 1980
Employees: 4 full time - 2 part time
Facilities: 2.6 acres, office, Large Body shop, Impound yard, lots of room for possible storage units. Located in one of the fastest growing areas in Texas.
Market Outlook and Competition: This is a booming area. Too much upside to get it all in here. Take over the Body Shop and produce your own income, sell cars, get more towing accounts, sell boxes and pads in the truck rental side. Turn the large body shop into storage units. There is so much more business to get. The present owner’s business is as big as he wants to be. Support/Training: Owner will train up to 3 months.
About the Sale
Management Training and Support: Owner will train for up to 3 months
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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