Established Towing Business (Trucks & Real Estate Included)
| Asking Price: | $1,100,000 |
| Gross Revenue: | $2,848,245 |
| Real Estate: | $2,000,000 |
| Cash Flow: | $463,440 |
| FF&E: | $1,000,000 |
| Established Year: | 1999 |
Beautiful 25k SF warehouse 5-hours to 90% of California's population
The Myers Team is proud to present the exclusive opportunity to purchase a turn-key, highly established towing and storage business in California's Central Valley. Highlights of this offering include:
• AAA Exclusive Contract & on Law Enforcement Rotations | The company is a longstanding partner of AAA and is their go-to tower in multiple territories, and there may be an opportunity to take on more, if buyer is looking for growth. Also on rotation with law enforcement and are the go-to for premium vehicle tows because they are the only ones around with warehouse space for indoor storage.
• Established Sales & Longstanding Employees | The company benefits from a recession-resistant business model and has a steady history of annual sales. Multiple growth opportunities are present for new ownership but the business is a well oiled machine as-is. Ownership takes frequent trips out of town and business runs itself while away.
• Owned Real Estate Included | This business comes with a fantastic piece of real estate! A highly saught after, well-maintained warehouse building. The ~25,000 SqFt building sits on ~2.05 acres and comes equipped with two loading docks. Potential rail access may be possible given close proximity to tracks. The business is also asset-rich, coming with a fleet of trucks valued at roughly ~$900k, limiting the buyers downside.
BUSINESS PRICE: $1,100,000
REAL ESTATE PRICE: $2,000,000
TOTAL PURCHASE PRICE: $3,100,000
*** Seller is willing to finance the deal for a qualified buyer at 5% interest, with a 5-year term and 25-year amortization. Minimum $600,000 down. ***
