Seller's Contact Information

  • RE:  Towing Company In Richmond, Virginia
  • Contact:  Not Disclosed
Listing Update!
Update: Towing Company In Richmond, Virginia is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Automotive & Boats: Auto & Truck Repair & Service Industry.

Business Overview:

Light & Raphael is pleased to offer an established and profitable towing company in Richmond, Virginia.  The towing company does zero advertising. Clients find them on the internet, from auto repair shop recommendations and word of mouth. The real estate is also available for purchase at an additional cost. Own a well-established towing business with a great history of success and growth. If you enjoy helping people, this business offers a variety of situations where you can help people in need. Whether it is a trucker having a problem or a car stranded on the side of the road. Their customers range from auto owners to companies with fleets of semi-trucks that need help. With more cars on the road and an aging fleet of vehicles, the towing needs grow every day. The towing company has an extensive fleet of trucks and heavy machinery, coupled with specialty equipment and gear.  And with multiple revenue streams, this business has a diversified business model to ensure long-term stability and profitability.Seller will provide support and training following the sale.

Property Features and Assets:

Seller owns the property and prefers to sell it with the business. 

Market Competition and Expansion:

The Automobile Towing industry experienced favorable trends for much of the period of 2023. With the economy reopening as of 2021, vehicle usage has bounced back again, indicated by rising rates of vehicle miles and registrations over the same period, which has aided industry revenue. This industry provides essential services for municipalities and businesses to remove vehicles that violate parking ordinances and also provides roadside assistance for automobiles that break down. Revenue is expected to increase 1.5% to $9.5 billion in 2023. Similarly, industry profit, measured as earnings before interest and taxes, is set to account for 9.0% of industry revenue in 2023

Reason for Selling:

Owner wishes to retire

Additional Details:

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

Relevant Links:

Listing Update!

Update: Towing Company In Richmond, Virginia is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Automotive & Boats: Auto & Truck Repair & Service Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

Asking Price: $118,000

Business for Sale in Dallas Fort Worth

Not Disclosed, TX
Denton County

Interstate All Battery Center for Sale! Step into success with this exceptional opportunity to acquire a thriving Interstate All Battery Center franchise location nestled in the heart of Denton County. Since its inception in 1952, the Interstate Batteries brand has been synonymous with dependable quality and professional service, earning the trust of countless customers. It boasts a distributor network of 300 wholesale warehouses backed by more than 150,000 dealers worldwide and 200 store locations. This business caters to diverse battery needs, ranging from automotive, truck, marine, and golf cart batteries to specialty items like watches, alkaline, and alarm/backup batteries. Complementing its product range, the business offers seamless services, including installation, delivery, and eco-conscious battery recycling.The current owner established this store in 2011 in a bustling Denton County location. Positioned within a vibrant retail strip center anchored by a renowned national grocery store, the business enjoys prime visibility and foot traffic, drawing patrons from various demographics and corporate entities within the local vicinity.Despite the competitive landscape, this franchise is committed to superior warranty-backed products, attracting buyers who prioritize quality over price. The brand maintains a robust presence in the global and local markets by leveraging corporate marketing initiatives such as television advertisements, an optimized website, and strategic online campaigns, coupled with hands-on Google Ads management by the owner.Moreover, this transaction will include the Expansion of Territory Rights spanning a substantial portion of Northwest Dallas, presenting a lucrative avenue for untapped growth. By expanding into 3 to 4 additional locations across neighboring cities, the franchise is poised to capitalize on untapped markets, extending its reach and revenue. The potential for securing B2B accounts is particularly promising, a niche that warrants increased owner involvement and available corporate support for sales team training.Currently operated by absentee ownership, with minimal involvement, averaging just an hour per week, the business can massively benefit from hands-on ownership. This offers a great opportunity for a dedicated owner to maximize revenue streams and drive sustained growth. To learn more about this opportunity, kindly submit a Buyer Registration (if not already completed) along with a signed Non-Disclosure Agreement (NDA) pertaining to this listing under V-AID.

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Cash Flow Not Disclosed
Revenue $272,595

Asking Price: $335,000

Engine Rebuild and General Auto Repair Shop

Not Disclosed, TX
Dallas County

Auto repair shop for sale with high volume in a prime location engine wholesale, rebuild, and repair shop in North Dallas is now available for acquisition. This business was originally established eight years ago by the son of the current business owner in 2014. This business is in a 4,800 SF freestanding building located in the hub of a well-known city for a corridor for automotive-related repair shops. Originally, the son operated the business for the first 4-5 years, and a much more experienced and knowledgeable father took over the business in May 2019. The sales have significantly gone up since.Competition is expected for this type of business industry. Still, this business has a competitive advantage over others by importing genuine and original engines and parts offered at reasonable and affordable prices. Few other competitors have gone out of business in the immediate area. This engine wholesale business offers high-quality, genuine parts and engines imported from Japan and general automotive services such as brake, transmission, engine, and engine rebuild. This business has an established customer base and consists of individuals from the local area, out-of-state, and used auto dealerships from the surrounding area. Gross sales have been approximately $27,000/month while the son has been operating. Still, since the father took over the business in May, the sales have significantly increased to $43,000/month with minimal marketing. The 2020 and 2021 monthly gross revenue has grown to $55,000 due to the expertise, knowledge, and customer service the current owner is fully able to provide, and 2022 is projected to be a record year as the monthly sales have been growing steadily and are approximately $80,000. Currently, most customers are from word of mouth and referrals, and minimal marketing is in place. The owner is not proactively marketing the business for fear of an overwhelming workload and inability to provide quality service and timely jobs. Hiring an additional technician and implementing proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, etc., must be fully utilized to achieve maximum income potential. Marketing efforts to acquire local auto dealers' corporate accounts can also greatly improve overall sales. Many unused spaces in the office could be turned into more showroom style with engines, transmissions, and retail merchandise to advertise the products the business provides. This engine wholesale business has done very well with its groundwork and is poised for next-level growth with more proactive marketing and a tech-savvy owner. A potential buyer must be experienced and knowledgeable in this industry and put some marketing effort into promoting the business to expose itself to local customers and the online marketplace.

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