Business Summary
Wonderful Opportunity to Own and Operate a Profitable Towing and Auto Repair Business. This Business has been in Continuous Operation at the Same Location for Over 35 Years! The Current Owner is Mostly Absentee--Creating a Great Potential for Added Growth with a Hands On Owner Operator.
This Business Features Lucrative Towing and Storage Contracts with Law Enforcement Agencies, and Includes a Large Indoor Storage Facility for Towed Vehicles, Including Evidence and Accident/Insurance Storage.
There are Multiple Revenue Streams, Including Towing, Storage Fees for Towed Vehicles, Auto Repair and Smog Services, and Sale of Lien Cars Unclaimed from Storage after Towing. The Nicely Equipped Auto Repair Shop is in a Prime Location and Underutilized by Current Owner, Providing Nice Potential to Increase Revenues and Profits. Repair Shop Area is About 3000 Square Feet.
Owner is Absentee, and is Selling due to Other Business Interests Outside of the Area
Commercial Property is Also for Sale, Ask Broker for Details.
This Business Has Significant Assets, Including Three Tow Trucks (2 Wreckers, 1 Flat-Bed), Smog Machine and Dyno, 2 Overhead Lifts, Digital Alignment Rack, etc.
This Business has an Excellent Track Record of Significant Profits. 2010 Adjusted Cash Flow to an Owner-Operator is Over 225,000 .Profits and Revenues were Reduced in 2011, ask Broker for Details. There are Many Ways This Business Would Benefit From a Full-Time Owner Operator and Quite Possibly Increase Profits as a Result. Financial Documents Available Upon Request.
Property Details
Other Business Details
Expansion Potential:
Current Owner is Mostly Absentee, Spending About 1/2 a Day per Week at the Business. Great Opportunity for Expansion with a Hands On Owner Operator. Auto Repair Shop Services are Not Advertised, And Potentially Could Be More Profitable. Multiple Avenues for Expansion with Towing, Including Private Property Tows and Contracting with Auto Clubs Which Current Owner Does Not Have Time to Develop.
Business Operation Details
Support & Training:
Seller will provide a training period for a new owner.
Miscellaneous Details
Reason For Selling:
Other business interests do not allow sellers to attend to this business.