Hot Listing
Full Service Wrecker Company with HUGE Cash Flows
Business Description
Opportunity:
This company is a full-service towing & wrecker company that offers a wide variety of services. The company is well established and has management in place. The business is a leader in its market. With an updated fleet of trucks, the ability to tow both auto & semi’s, and the ability to hold vehicles this company is well positioned to remain lucratively profitable.
Highlights:
** 4 Year Average cash flow is over $750,000 per year (SDE).
** 2024 year end cash flow is $715,000.
** Revenues average well over $2mm annually.
** Competent management in place - excellent driving force. Revamped fleet of trucks!
** 24/7 Services provided.
** First rate reputation - Leader in its market - Well Established
ASKING PRICE
$4,000,000
Assets Included:
Business = $2,800,000 (included in Asking Price)
Equipment = 53,500 (included in Asking Price)
Vehicles = $625,000 (included in Asking Price)
Real Estate = $1,200,000 (included in Asking Price)
This company is a full-service towing & wrecker company that offers a wide variety of services. The company is well established and has management in place. The business is a leader in its market. With an updated fleet of trucks, the ability to tow both auto & semi’s, and the ability to hold vehicles this company is well positioned to remain lucratively profitable.
Highlights:
** 4 Year Average cash flow is over $750,000 per year (SDE).
** 2024 year end cash flow is $715,000.
** Revenues average well over $2mm annually.
** Competent management in place - excellent driving force. Revamped fleet of trucks!
** 24/7 Services provided.
** First rate reputation - Leader in its market - Well Established
ASKING PRICE
$4,000,000
Assets Included:
Business = $2,800,000 (included in Asking Price)
Equipment = 53,500 (included in Asking Price)
Vehicles = $625,000 (included in Asking Price)
Real Estate = $1,200,000 (included in Asking Price)
About the Business
- Years in Operation
- 45
- Number of Employees
- 12
- Facilities & Assets
- The business comes with a multiple truck fleet, most of which are 2019 and newer. The business sits on over 5 acres of property.
- Market Outlook / Competition
- Competition in this space and market is stiff. However, the towing industry is thriving and business remains strong. Globally, the projected CAGR for the towing industry from 2024-2030 is over 5% annually. Analysts and industry insiders are projecting continued & steady growth.
- Opportunities for Growth
- The number of aging cars on the road is growing, thus the need for services is increasing in demand. The business lags behind in marketing and online presence. Certain groups could be approached which would drive clients - these channels have been ignored. Target other markets like the Medium Duty market. These trucks include vehicles like box trucks, Penske or other moving trucks, Amazon deliver vehicles, etc.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- To pursue other business ventures in primary field.
- Transition Support
- A General Manager currently runs the business. They have been in place as GM for multiple owners. The seller will facilitate the transition however needed, but spends minimal time at the business currently. The GM and employees are the foundation of this business.
- Financing Options
- Business likely to qualify for an SBA 7(a) loan product.
Listing Info
- ID
- 2330913
- Listing Views
- 1719
Listing ID: 2330913 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. See our full Terms of Use. Learn how to avoid scams.
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