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- RE: Semi-Absentee Towing Business
- Contact: Dave Raleigh
Quick Facts
| Asking Price: | $2,500,000 | |
| Annual Revenue: | $1,766,905 | |
| Net Profit: | $609,977 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,440,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 8 | |
| BBN Listing #: | 1002445 | |
| Broker Reference #: | 327-24837 |
Business Overview:
This is a premier, high-margin opportunity to acquire an established and highly profitable light and medium-duty towing and recovery business operating in the thriving Charlotte-Gastonia Metropolitan Area.Â
Generating impressive annual Seller Discretionary Earnings (EBITDA) exceeding $609,000, this business represents a rare chance for immediate, substantial passive income. The operations are fully streamlined and require minimal owner input, running on a semi-absentee basis supported by an experienced, competent, and fully trained manager already on payroll.
The company holds critical contracts and maintains a well-maintained fleet (details available upon signing NDA). Revenue is consistent, derived from a diversified mix of commercial accounts, municipal contracts, and direct consumer calls.
This offering is ideally suited for:Â
Financial Investors: Seeking a high-cash flow business with minimal operational involvement required.
Existing Towing Operators: Looking for strategic expansion into the lucrative Charlotte market.
Out-of-State Buyers: Requiring a turnkey business with proven management infrastructure.
Serious inquiries only. Proof of funds will be required for detailed financials and site visits.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is a leased location of 2,000 square feet with a Total monthly rent of $4,140. Lease ends 06/2029 with 2 Options / 5 Years. Seller is active with 8 FT employees. Hours of operation are 24/7. $1,440,000 in FF&E included in the asking price.
Reason for Selling:
Focusing on the repair business. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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