Auto Recovery & Repossession Company-Gulf Coast
(Seller's Discretionary Earnings)
included in asking price
not included in asking price
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Business has just been placed under contract, contact us and we will find you a great business opportunity.
This Gulf Coast Business provides complete vehicle repossession pick-up services in a 3-state area. This company is a leader in this central Gulf Coast region and faces little competition in their target market and they have a loyal customer base that keeps them busy all year. For over 14-years they have built a strong reputation and repeat customers for operating a low-risk, zero-confrontation policy that has significantly improved the reputation previously associated with this industry.
The business utilizes 7-tow trucks that work out of a 5,000 SF building with a secure, 1.5 acre impound lot monitored by multiple CCTV cameras and other sensors.
This very profitable business does not take checks or credit cards (cash only to get your car back) and only invoices a select few customers such as banks, credit unions, auto dealerships and other lenders. They will pick-up almost any collateral for these customers; autos, trucks, boats, heavy equipment, motorcycles and trailers.
In 2018 they pulled over 3,350 vehicles. Very profitable and priced to sell fast.
About the Business
Contact the Seller
- Mobile, Alabama
- Year Established:
- Number of Employees:
- Real Estate:
- Building Sq. Ft.:
5,000 sq. ft. building; located on 1.5 acre impound lot
About the Sale
- Reason For Selling:
Seller will negotiate a transition period
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