Profitable Ventura County Towing Company

Thousand Oaks, CA
Ventura County

Ventura County


Asking Price: Annual Revenue:
$995,000 $2,727,813

Automotive & Boats: Auto & Truck Repair & Service


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RE: Profitable Ventura County Towing Company Broker: Matt Coletta
License #: 01417096/ 01009458
Owner Financing is Available!
Qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $995,000
Annual Revenue: $2,727,813
Net Profit: Not Disclosed
Cash Flow: $395,847
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 20
BBN Listing #: 73635994
Broker Reference #: LA0381

Email or Print Listing

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Business Overview:

Profitable Towing Company in Ventura County with exclusive contracts in place.

Services include:

• Towing for Autos, Trucks, Motorcycles, RV’s, Trailers and other utility vehicles
• Battery sales and installation
• Tire changes
• Breakdown towing
• Accident off road and recovery
• Equipment transport and relocation services for repaving and resurfacing projects
.
Company’s current contracts include AAA, California Highway Patrol plus other contracts with well known municipalities. Please note that buyer must apply and qualify for the transfer of the contracts and will need related experience in order to qualify. Sale price includes an extensive list of furniture, fixtures and equipment plus a large number of commercial towing vehicles and equipment with an estimated value north of $500,000+. This business is priced to sell and sellers are looking to retire.

Consistent year after year earnings and cash flow. Pre-Covid gross revenue ranged $2.4M - $2.7M with cash flow ranging $389K - $395K. 2021 gross revenue and profitability is trending upwards and projected to be consistent with pre-covid sales. Favorable, long term premise lease in place for the company facility with a yard that is located in a prime area. Excellent clean books and records including tax returns. Several opportunities for growth. Current owner does very little marketing. SBA finance may be available for a qualified buyer or Seller will consider seller finance with a substantial down payment and good credit for a qualified buyer with related experience. This is a unique opportunity to purchase a well-established, reputable tow business with impressive contracts in place and a large amount of assets included in the purchase price.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Buyer must have related experience. Please hit the reply button or the Contact Seller button or email us to receive a confidentiality agreement plus instructions and learn more about this opportunity.

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.

Property Features and Assets:

Office building, portable trailer, and large yard with office.

Market Competition and Expansion:

Seller to discuss.

Reason for Selling:

Seller is retiring.

Additional Details:

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

Relevant Links:

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