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Towing and Storage Company

Pompano Beach, FL
listing image
Asking Price:$850,000
Gross Revenue:$332,000
Rent:$3,500/Month
FF&E:$50,000
Cash Flow:$300,000
Inventory:$65,000
EBITDA:$500,000
Established Year:1996
Listing ID: 2146859Listing provided by BizBuySell
BUSINESS DESCRIPTION

Centrally Located in Broward

This long established towing company has extensive contracts with property owners throughout its high traffic service area of Broward County, Florida.
Towing Company in business for over 20 years.
We mainly provide private property owners towing solutions to help keep their property free of illegally parked vehicles. We offer this service to business owners, apartment complexes, condo buildings, hotels, office buildings and all types of private businesses.
Currently holding hundreds of active accounts in Broward County.
Roadside assistance and private towing-along with motor club/insurance companies boost income.
Junk car services aid in increased income.
Great central location with cash flow.
An inventory of salvaged cars available for resale both as working vehicles and for parts.
In addition, the company provides 24/7 Emergency Roadside Assistance and temporary storage.
There is a great of potential to expand on many facets.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
04/07/2030
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business includes two tow trucks and maintenance equipment. All inventory at time of sale. Two forklifts. Two office spaces/storage.
Competition
Will provide 3 weeks of on site training. Future consulting available.
Growth & Expansion
Demand is sufficient to support additional growth. Potential to expand in many different fields.
Financing
CASH IN FULL
Reason for Selling
RETIREMENT/RELOCATING
Home-Based
This business is Home-Based
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Joseph Tolila
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Joseph Tolila
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