Central Virginia Towing Company for Sale

Not Disclosed, VA

Asking Price: Annual Revenue:
$2,499,000 $2,516,523

Services: Non-classifiable

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RE: Central Virginia Towing Company for Sale Broker: Michael Metzger

Quick Facts

Asking Price: $2,499,000
Annual Revenue: $2,516,523
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,018,618
Real Estate: Not Disclosed
Year Established: 1999
Employees: 16
BBN Listing #: 10534955
Broker Reference #: 2006-15471

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Business Overview:

This well-established towing company started with 2 used trucks 20 years ago and has grown into one of the largest towing services in the area. With a full fleet of modern vehicles, the Company provides light and medium-duty towing and roadside service for drivers across Central Virginia. All drivers are properly licensed and background checked. Projected sales over $2.5MM in 2019. With a stellar customer reputation, this cash cow is recession proof!

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Property Features and Assets:

Because all drivers take the trucks home with them, the owner is able to keep overhead to a minimum by working from home. The company is able to perform simple preventative maintenance at home, but has other maintenance done by a service shop. Assets=$1,018,618

Market Competition and Expansion:

There are a number of "mom and pop" towing services in the area, each with 2 or 3 vehicles, but none have the experience and scale of this company. Consequently, the Company is able to be very selective about the jobs it takes on. The Company has chosen to limit their focus to high-margin business. However, there is ample opportunity to leverage the scale of the company to service other business including police work, motor clubs, auto dealerships and private parties.

Reason for Selling:

The sellers have built a successful business and a

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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