Family Owned Profitable Towing Business with Real

Not Disclosed, CA
San Mateo County

Near Tech companies

Asking Price: Annual Revenue:
$2,550,000 $1,185,804

Services: Transportation - Trucking, Rail, Transit

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RE: Family Owned Profitable Towing Business with Real Broker: Thomas Esposito
License #: CA DRE# 02101150

Quick Facts

Asking Price: $2,550,000
Annual Revenue: $1,185,804
Net Profit: Not Disclosed
Cash Flow: $335,430
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 6
BBN Listing #: 17556614
Broker Reference #: SV00066

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Business Overview:

Founded in 2005, this profitable and growing towing business has three customer segments 1. Law Enforcement 2. Corporate accounts - tech companies 3. Direct to consumer. They offer towing, storage and road-assistance for their customers. This business generates significant cashflow from its operation primarily because of the contracts they have with various municipalities such as California Highway Patrol and individual police departments.

The barriers to entry is very high for this industry, as there are stringent requirements from the law enforcement. This limits the number of players offering similar services enabling the business to drive demand without significant investment required for new customer acquisition. The potential upside for the business is to expand to new routes and private parking lot opportunities.

This business comes fully equipped with 10 trucks, 3 lifts and all required tools and equipment along with well-trained long term employees. The seller is offering 4 weeks / 40 hrs per week of training for the buyer and more if required. The owners are committed to a successful transition.

Real estate is also included with the business. Estimated value of real estate is $1.75M with additional revenue streams from tenants.

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Reason for Selling:

Owner 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.

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