Extremely well-known and well-established full-service towing business in Southwest US. Licensed in four states, seller started business from scratch over 15 years ago and has built it into strong and profitable enterprise. Business includes approximately $1MM in equipment. Seller owns ideal piece of land—1.3 acres with plenty of storage space—all in an approved M1 zone. Includes 1,960 sq. ft. in office space—6 offices and a reception area, all of which is handicapped approved. Will offer a very attractive lease to the right buyer. Seller has purposely cut back in recent years due to family commitments, but still generates approximately $1MM in gross income, with a net of $265K annually (this includes proposed rent). Unlimited potential for continued expansion and growth. Seller willing to stay on in advisory capacity to help new buyer continue to enlarge on his success.
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Property Features and Assets:
This location has 1.3 acres. Seller is active in the business with 20 Full Time and 1 Part Time employees. Hours of operation are 24-7. $500 in Inventory and $999,843 in FF&E included in Asking Price. A Towing License is required.
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.