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- RE: Highly Profitable & Fast-Growing Towing And Parking Enforcement Company With Four Locations - SC2205
- Contact: Brett Sargent
Quick Facts
| Asking Price: | $12,000,000 | |
| Annual Revenue: | $12,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $7,500,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $850,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 23 | |
| BBN Listing #: | SB-56127 | |
| Broker Reference #: | SACRACA002-56127 |
Business Overview:
This Northern Californian Towing and Storage Company is a California Sub-Chapter S Corporation that has been in business for the past 12 years under the leadership of the founder. They operate out of four locations in Northern California (one started in 2023 and one started in 2024) and offer full 24/7 tow service. They provide high-quality, fast, and efficient private property towing services. They have 14 tow trucks and operate on an around-the-clock basis, including 1 medium-duty wrecker, and the others are light-duty wreckers. They do not provide Law Enforcement towing on a rotation basis. Many of their clients are property managers, and they have a cloud-based software that allows for reviews of photos and descriptions of all vehicles that have been towed or tagged for violations.
Contact the Seller:
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Property Features and Assets:
This business operates out of 4 locations. One location has a 35,000 square foot yard with a 4,000 square foot shop at $12,500 per month and a 5 year lease. The second location has around ½ acre lot and a modular office and they are paying $7,500 per month and they have a five year lease. The third location is on 1.2 acres and has 3 offices and current rent is $18,600 per month and is being renewed into a 5-year lease. The fourth location has a 25,000 square foot yard and 11,000 square foot warehouse with an office, and monthly rent is $8,000 per month and they are on a 3 year lease.
Market Competition and Expansion:
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. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
Reason for Selling:
The reason for selling is the Seller would like to pursue other interests. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
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