Asking Price: $1,900,000 Gross Revenue: $1,100,000Cash Flow: $473,558 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $650,000 included in asking priceReal Estate: $700,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This well established & lucrative towing business has long term contracts with local municipalities and motor clubs.
PRIME LOCATION - Free standing building in a large lot located on a very busy main street.
Established 38 years ago by the current owner.
Primary service provider for Motor Clubs with exclusive service territory within a 9 mile radius of location. Motor clubs account for the majority of their sales.
Sale includes business and tow trucks.
Property / building are also offered for sale at $700,000
Owner is retiring after 38 successful years in business.
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About the Business
Free standing building in with a large lot located on a busy main street. PRIME LOCATION. Part of the building is leased to an auto repair shop. Bringing auto repair services in house would increase sales.
This towing & recovery business has exclusive territory within a 9 mile radius of location.
Growth & Expansion:
Adding auto repair services such as tire repair and battery replacement would increase revenue, especially if those services were offered during off hours- weekends & evenings.
Towing Business- owner retiring after 38 successful years.
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
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