Profitable Towing Business with Auto Repair

Memphis, TN

Memphis Metro

Asking Price: Annual Revenue:
$240,000 $434,986

Automotive & Boats: Auto & Truck Repair & Service

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RE: Profitable Towing Business with Auto Repair Broker: Doug Morris

Quick Facts

Asking Price: $240,000
Annual Revenue: $434,986
Net Profit: Not Disclosed
Cash Flow: $114,209
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 179251569
Broker Reference #: RL00224

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Business Overview:

This towing business is located in Memphis in an area that is mature with older autos and trucks who frequent this automotive repair giant! The owner has been in business for over 30 years. The nostalgia of the shop creates an atmosphere of the neighborhood trustworthy mechanic. There are three bays, and mechanic work is steady throughout the week. The shop is closed on Saturdays, but with a new owner who opens on Saturday, sales could soar! Towing is 7 days per week and 24 hours a day through dispatch after hours.

Each bay is fully equipped with vehicle lifts and tools. Main services include tires, custom wheels, truck lift/lower/leveling kits, axles, suspension, alignments, front ends, AC repair, belts, brakes, electrical system, check engine lights, & oil changes.

Additionally, the reputation this business has for towing among law enforcement, ALLSTATE and GEICO among others make it ripe for continued growth in the towing market. With 4 tow trucks, the towing part of the business allows for regular EFT deposits aiding in positive cash flow.

Revenue is steady throughout the year. A bump up is seen during tax season.  

The sale includes all tools, equipment, and tow trucks. The owner owns the property the business sits on, and it is not included in the sale. However, the owner is willing to sell it at a fair price. Ask broker for more details.

After 30+ years, the owner is ready to retire. The owner will allow for 4 weeks training. 

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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