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Miami, Miami-Dade County, Florida
Asking Price
$99,000
Revenue
$456,000
Down
Call/Email
Cash Flow
$456,000
Name: Marcus Trader
Phone: Show phone number
Posting ID:
290536
Attributes:
Absentee Run
Broker Cooperation
Existing Franchise
For Sale By Owner
Home Based
Online/E-Commerce/Web
Relocatable
Semi Absentee Run
Virtual (No Physical Location)
Contact The Seller
Name*
Phone*
Email*
Message*
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Highly Profitable Northern California Heavy Towing Company - SC2211 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 02100708 NV 1003039
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