Job Description

Highly Profitable & Fast-Growing Towing and Parking Enforcement Company - SC2205 Primary Category: Towing Companies for Sale This Northern Californian Towing and Storage Company is a Californian Sub-Chapter S Corporation that has been in business for the past 10 years under the leadership of the founder. They operate out of four locations in Northern California (one started in 2023 and another in 2024) and offer full 24/7 tow service. They provide high-quality, fast, and efficient private property towing services. They have 13 tow trucks and operate on an around the clock basis, including 1 medium duty wrecker, and the others light duty wreckers. They do not provide Law Enforcement towing on a rotation basis. Many of their clients are property managers, and they have a cloud-based software that allows for reviews of photos and descriptions of all vehicles that have been towed or tagged for violations.

• 7,980,000 Asking Price
• 1,500,000 Cash Flow
• 5,000,000 Gross Revenue
• 7,980,000 Down Payment

Business Location City: Northern California State: California Reason for Sale The reason for selling is the Seller would like to pursue other interests. Detailed information Home Based: No Franchise: No Relocatable: No SBA Prequalified: No Full-Time Employees: 23 Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 40 Inventory Included: Yes Inventory Value: $50,000 Monthly Rent: $12,500 Building Size: 4000 FF&E Included?: Yes FF&E Value: $850,000 Training/Support The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller. Facilities This business operates out of 4 locations. One location has a 35,000 square foot yard with a 4,000 square foot shop at $12,500 per month and a 5 years lease. The second location has a 30,000 square foot yard and a modular office and they are paying $7,500 per month and they have a 5-year lease. The third location has around ½ acre lot and a 10,000 square foot shop and has a 2-year lease at $8,300 per month. The fourth location is on 1.2 acres and has 3 offices and current rent is $12,350 per month and is being renewed into a 5-year lease. Market Outlook/Competition The U.S. roadside assistance market is projected to grow from $5.99 billion in 2022 to $7.73 billion by 2029, at a CAGR of 3.71% during the forecast period. The global towing vehicle market is projected to grow at CAGR of 5.41% during the forecast period, reaching a total market size of $9.2 trillion in 2027 from $6.4 trillion in 2020.CA 02282967NV B.1003039.LLCNV BUSB.0007191 Yes I would like to receive the Sunbelt Business Insights Newsletter and Business Alerts This Northern Californian Towing and Storage Company is a Californian Limited Liability Company that has been in business for the... This Northern California based Car Audio and Window Tinting Business is a California C Corporation and was established in 2005... This Northern Californian Heavy Towing Company is a Californian Sub-Chapter S Corporation that has been in business for the past... This Northern California based auto repair business is a California Sole Proprietorship that has been in operation for the past... This Northern California based Car Audio and Window Tinting Business is a California C Corporation and was established in 2005... This Northern Californian Auto Paint and Collision Repair Franchise is a California Sub-Chapter S Corporation that has been in existence... #J-18808-Ljbffr Sunbelt Network

Job Tags

Full time, Part time, For contractors, Work at office, Work from home,

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