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Business For Sale

Auto Recovery & Investigations

SE Michigan, MI, USA

Services: Non-classifiable

Owner Financing is Available
$125,000 down 7% 120 months payment $2,322.17
Asking Price:
Year Established:
Employees:
Listing Number:
$325,000
2003
5
3152679
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$405,005
Not Disclosed
$115,000
Not Disclosed

Business for Sale Overview:

This is a great opportunity to own a vehicle recovery company that services banks and financial companies and operates throughout southeastern Michigan. Recovery fees range from a low of $235 per vehicle to a high of $500 per vehicle. The average recovery fee is approximately $275. In addition, once the vehicle is recovered, they charge for vehicle storage plus per vehicle to clean out the personal property. There are two recovery people who are independent contractors paid on 1099's and who earn commission only of $65. Employees include a full-time office person and a part time lot person. The owner is also active in the business. His role is dealing with clients, bookkeeping, locating vehicles (skip tracing), etc. Also, the seller will provide one month of training to the buyer beginning at closing.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Reason for Selling:

Family

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Auto Recovery & Investigations
Business Listed By:
Capital 1 Commercial Group, Inc.
Capital 1 Commercial Group, Inc.
contact the seller
Good Business at a Great Price
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