Full-Service Towing & Recovery Company with Multiple Locations
| Gross Revenue: | $15,155,000 |
| EBITDA: | $1,208,000 |
The Company is a multidisciplinary, full-service towing and recovery company with 24/7 capabilities for all sizes of vehicles and equipment. The Company offers light to heavy towing, auto transportation, vehicle storage, and more.
Key Aspects
• Strong associations with local municipalities, motor clubs, insurance companies, roadside assistance platforms, and fleet maintenance program
• Operates on all levels of towing and recovery from standard cars to construction equipment and other heavy automobiles
• Holds contracts as a service provider for many major insurance companies that provide roadside assistance
• Services several large fleet companies such as Penske, U-Haul, and Amazon
• Strong customer retention with 80% of the Company's revenue generated from repeat customers
• Strong online presence in marketing and customer booking ability
• Services are offered to a large geographical footprint
Opportunities
• Current capabilities can accommodate 25% more work should demand increase
• Further expand geographic footprint to reach additional service area in major cities
• Strategic location of operating facilities in areas with growing populations offers ample opportunities for work
• Positioned to expand smaller services provided such as hauling and equipment transport with the trucks already in use
Headquartered
• Southwest, US
Current Markets
• The Company serves local municipalities, automobile related companies, and individuals in the regions where the Company is located.
Real Estate
• The Company operates out of seven locations consisting of combinations of yard space and offices. All seven operating locations are leased from an unrelated third parties and are assumable by new ownership post-sale.
Shareholder Objectives
• The Company is held by two shareholders who seek an eventual full exit but are willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership. The owner are open to a variety of deal structures in order to facilitate a transaction.
