Profitable Towing Company, Highly Motivated Seller!

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Asking Price:
$449,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$110,900
EBITDA:
$132,200
Inventory:
 Not Disclosed

FF&E:
$310,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Sell price of $449,000 includes existing impound lot inventory. Inventory typically averages 80-100 cars per month. Price does not include real estate. Our MOTIVATED SELLER provides towing services in Lake County, OH ranging from light automotive towing to heavy recoveries for semi’s, tractor-trail, flat bed towing, load shifts, and more. Client also provides roadside assistance services such as tire changes, jump-starts, lockouts, and fuel deliveries. In addition, Client provides monthly vehicle storage services. Towing company customers include multiple municipalities and surrounding cities/townships and their respective police departments. Customers also include various auto repair facilities.

RAPID EXPANSION OPPORTUNITIES IN SURROUNDING AREAS WITHIN REACH!

Towing Company was founded in 2011. Current owner began to learn the family business as a teenager. Client started off with one tow truck and soon realized the potential for expansion. Client began procuring more trucks one by one and also an impound lot where cars could be securely stored. Client also networked with local police departments and automotive repair businesses where he began to secure contracts. With these efforts the business expanded year after year.

Business is run by a very hands-on owner/operator. Owner is very focused on providing excellent service which ranges from providing clean trucks that show up promptly, to hiring solid, reliable drivers. Drivers are drug tested prior to hiring and then again on an annual basis. Customers know they can rely on Towing Company to manage challenging accidents such as semis and vehicles that go off the road or flip over, devastating fatal collisions, load balancing and/or hauling, and more. Client can handle these traumatic situations with their heavy equipment and their know how. Local law enforcement has great relationships with our Client and know they have a partner that works effectively and efficiently to handle these situations.

About the Business

Location:
Perry, Ohio
Year Established:
2011
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
1,524
Facilities:
There are 2 buildings on the property fully owned by Client.

(1) Main Office: 15 x 44, 660SF
(2) Storage Facility: 24 x 36 x 12, 864SF
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About the Sale

Reason For Selling:
Health Reasons
Training/Support:
The Seller will train new Owner.
Seller Financing:
Real estate not included in asking price. Owner willing to discuss if interested.

Listing Info

ID:
1589699
Ad Detail Views:
0

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Business Listed by

Ellen Zerucha

Agency Professionals Business Brokers

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Sponsoring Broker:

Thomas Jelepis
Agency Professionals Business Brokers


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