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Business For Sale
TOWING COMPANY
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Asking Price: |
$999,000
USD USA Dollars
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Business for Sale Industry: |
Services: Travel, Transportation
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Reason for Selling:
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Retirement |
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Year Established:
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2003 |
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# of Employees:
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9 |
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Yearly Cash Flow:
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$383,709 |
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Yearly Gross Income:
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$3,052,871 |
Business for Sale Overview:
Las Vegas Based Towing Company serving both contract and residential customers in the Las Vegas and Henderson market. Family owned and operated for 5 years. Owners want to retire and have health concerns. Very profitable and with a strong asset base of excellent trucks and equipment. Buyers will take the trucks and equipment free and clear other than leases that will be assigned. This business will be pre-qualified for an SBA loan due to it's history of profitability. All income can be verified and comes with matching tax returns. This company is on pace to earn an adjusted net income to the owners of approximately $375,000 - $400,000 in 2008. The majority of the Towing revenue comes from a long term contract that is assignable. Other income comes from a close association with another local company. Here is your chance to get a great business for under market value. A new owner can improve revenue and profit by obtaining a non-consent license. This business is completely turn-key and has a fully trained staff in place.
Property Features and Assets:
2,400 Square Feet.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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