Make Axle Covers for the Tow Truck Industry

Asking Price$140,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$108,000

Inventory$15,000
Not included in asking price
FF&E$8,000
Included in asking price
Real EstateNot Disclosed

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Make Axle Covers for the Tow Truck Industry


Asking Price$140,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$108,000

Inventory$15,000
Not included in asking price
FF&E$8,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Established Manufacturing Business - Axle Covers for Tow Trucks

This profitable home-based manufacturing business produces specialized axle covers for the commercial towing industry. Established in 2004, the company serves a niche market of over 38,000 heavy and medium-duty tow trucks across the US and Canada.

Business Overview:
The business manufactures reusable axle covers that prevent oil leakage when buses and trucks are being towed. Operating from a home garage for 21 years, the owner has built strong relationships with major distributors, including Zips Towing Equipment, North America's largest towing equipment distributor.

Product Line & Market Position:
Offers 54 different axle cover models covering North American, Japanese, and European trucks and buses. The covers are more durable than competitors' masonite alternatives, designed specifically for repeated use by heavy-duty tow truck operators. This addresses a real problem in the towing industry with a proven solution.

Financial Performance:
- Annual Revenue: $108,000
- Cash Flow (SDE): $54,000
- Established customer base with distributor relationships
- Inventory Value: $15,000
- FF&E: $8,000

Operations:
Currently manufactured by hand using templates and drill press equipment. Production could be significantly enhanced with CNC router technology, presenting an excellent bolt-on opportunity for existing manufacturers with a CNC router.

Growth Opportunities:
Two major annual tow truck shows (Orlando and Baltimore) provide additional revenue streams. The established distributor network and proven demand indicate potential for expansion with increased production capacity or marketing efforts.

Support & Financing:
Seller offers 12 months of phone support and training. Seller financing available at 30% down, 9% fixed rate for 5 years. Owner retiring after successful 21-year operation.

This turnkey operation offers immediate entry into a specialized market with established revenue streams and growth potential.
About the Business
Years in Operation
21
Employees
1 (1 Full-time)
Owner - no other employees.
Currently Home Based
Yes
Facilities & Assets
I saw a need for this product and started making them 21 years ago. They've become popular with towing companies who tow trucks and buses. I'm retiring and want to see someone continue make them for another 21 years. I make them by hand with templates and a drill press in my garage. I have a swing arm press to make the gaskets for them. Contact me for the financials/Schedule C's.
Website
https://axlecap.net/index.html
Market Outlook / Competition
My customers are in the US and Canada which has over 38,000 heavy and medium size tow trucks. I offer 54 different axle cover models that cover North American, Japanese and European trucks and buses. The covers are reusable and very popular with HD tow truck operators. It's a niche product that solves a problem for towers. There is one company that makes a few models that uses masonite for their covers, but they are single-use, primarily for piggyback transport of new trucks to dealers and not meant for continued use, so they are not as durable.
Opportunities for Growth
There are two major tow truck shows in the US worth doing, Orlando and Baltimore which I used to do each year for additional income, but it's a grind to do at my age now.
About the Sale
Seller Motivation
I'm retiring, age 71.
Transition Support
I'm open to provide support and training over the phone, or if you would like and visit to see how they're made. I'd be willing to offer phone support over the phone for 12 months after purchase.
Financing Options
30% @ 9% fixed for 5 years.
Listing Info
ID
2444721
Listing Views
52
Attached DocumentsAttachment Disclaimer

COMPLETE PRICE LIST_Axle Covers.xls

Business Location

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Business Listed by: WAYNE OLSON

Listing ID: 2444721 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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