Owner Financing is Available!
Business Overview:
Towing Service - 5 Boroughs. This is a very unique business. The majority of their business comes from being a Preferred Provider for 17 major auto clubs in NY including Geico, All-State, Signature, AAA, Road America, National Auto Club and many more... This keeps the phones ringing constantly. All auto clubs pay by check so ALL INCOME IS VERIFIABLE! In fact, 90% of their sales are paid by checks. The sale includes all phone lines, and 13 vehicles: 9 flat beds, 2 light duty tow trucks, 1 medium duty tow truck, 1 heavy duty tow truck, dolly wheels, etc. All vehicles are 2007 or newer and have GPS tracking. This is a very low overhead business. It can be operated from anywhere in the 5 boroughs, even from home. Vehicles can be parked on the street. In 2009 gross Sales were approximately $1,500,000 with a Net Income of approximately $573,000. We are looking for financially qualified buyers with at least $1 million in liquid capital. Please be prepared to provide Proof of Funds.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
owner is retiring
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: