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California
Heavy Towing Company - Highly Profitable
Asking Price
$4,990,000
Revenue
$3,700,000
Down
$4,990,000
Cash Flow
$1,000,000
Name: Brett Sargent
Phone: Show phone number
Name
Brett Sargent
Phone
Show phone number
Description
Financial Information
Asking Price: $4,990,000
Cash Flow: $1,000,000
Gross Revenue: $3,700,000
Down Payment: $4,990,000
This Northern Californian Heavy Towing Company is a Californian Sub-Chapter S Corporation that has been in business for the past 21 years. They operate out of two locations in Central Valley Northern California and offer full 24/7 tow service. They have 15 tow trucks that operate on an around the clock basis. They have multiple heavy tow units, trailers and specialized tow equipment that are part of their fleet. They do provide Law Enforcement towing on a rotation basis. They also provide private towing services for property managers, commercial real estate, etc. They offer fleet towing and fleet towing contracts, commercial truck towing, heavy-duty truck towing and load shifts.
Business Location
City: Central Valley
State: California
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 15
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: $920,000
Inventory Included: Yes
Inventory Value: On request
Monthly Rent: $30,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: On request
Building Size: 12150
FF&E Included?: Yes
FF&E Value: $4,500,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.
Market Outlook/Competition
The U.S. roadside assistance market is projected to grow from $5.99 billion in 2022 to $7.73 billion by 2029, at a CAGR of 3.71% during the forecast period. The global towing vehicle market is projected to grow at CAGR of 5.41% during the forecast period, reaching a total market size of $9.2 trillion in 2027 from $6.4 trillion in 2020.
Real Estate Description
This business operates out of 2 locations. The Seller owns both locations, and they would be available for sale at an incremental price. Rent at both locations combines is $30,000 per month as a NNN lease. One location has a 4,000 square foot building with an 8,000 square foot shop behind. The other location has a 150 square foot small office on site, with a lot of over 57,835 square feet (1.33 acres).
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Posting Information
Posting ID:
290678
Attributes:
Broker Cooperation
Real Estate Available
Relocatable
Semi Absentee Run
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Heavy Towing Company - Highly Profitable
Posting ID
#290678
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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