Towing-Impound- Auction Company

Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$350,000
Included in asking price
FF&ENot Disclosed

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Towing-Impound- Auction Company


Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$350,000
Included in asking price
FF&ENot Disclosed

Business Description
We specialize in towing vehicles parked illegally on private property, including fire lanes, handicapped spaces , unauthorized and abandoned vehicles. Any vehicle violating property parking rules on commercial or residential property will be towed. If not retrieved by the registered owner, vehicles may be auctioned off in-house. Due to the current economic downturn, we anticipate increased demand for our services.
About the Business
Years in Operation
5
Employees
7 (5 Full-time, 1 Part-time, 1 Contractor)
Franchise
This business is an established franchise
Facilities & Assets
This is a Class C impound towing company specializing in towing illegally parked vehicles , abandoned, and unauthorized vehicles. We currently have around 150 vehicles in our lot. Please note, vehicles not claimed within 45 days will be auctioned in our Private Auction. We operate with 4 tow trucks and have yard facilities, with running Private Auto Auction.
Market Outlook / Competition
In this line of work, there is not much good competition. Very few of us can operate under legal guidelines and truly know this business in this town. You can check the records in the NTA to verify this.
Opportunities for Growth
The Las Vegas area presents a great opportunity for growth, especially regarding the management of illegally parked vehicles.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Leaving the State
Transition Support
Will train Owner for 90 days.
Listing Info
ID
2529431
Listing Views
18

Listing ID: 2529431 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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