21395

Business Type
Location
Asking Price
$1,750,000
Down Payment
$900,000
Gross Sales
$1,941,220
Net Income
$414,573
3 Years Average Cash Flow
$475,034
Score
63%
Status
Available
Details

      Established since 1998, this towing business is looking for a new owner as the current one wants to retire.

  • Consistent year after year sales and being in rotation with all cities and counties in the Austin Metro area, this company has 3 heavy duty and 8 light duty wreckers capable to handle business.
  • To cover the jurisdictions, the Seller will lease two locations for approximately $4,000/month.
  • Seller states that besides being on rotation, the business generates approximately $20,000/month of sales from auto parts, scrap and auto sales of abandoned vehicles. The business is licensed by the TDLR for towing and vehicle storage.
  • The current owner has worked hard to establish the business, but there is room for improvement as a new sophisticated operator can work smart with technology and take the business to the next level.
  • The business will not likely qualify for pre-sale SBA but the Seller is willing to finance 50% to the right 'qualified, experienced' candidate who can get a SBA loan to refinance the assets after the transaction.
  • Please note: As per Seller, all prospective buyers will be required to provide a 'financial statement' to demonstrate capability to procure the business. Experienced operators and existing towing companies looking to expand will be the ideal candidates for this business. No search fund buyers.
Display Image
Wrecker Services

Submit the following to request information.

Contact Info
Name
Buyer Criteria
$
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
12 + 2 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.