Auto Towing

Auto Towing

Available

$2,250,000.00

Listing Number :

 3918

Status :

Expired

Price :

$2250000

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Area

5000

Description

Asking Price: $2,250,000

Location: San Joaquin County, California

Yearly Revenue: $ 2,400,000+

Yearly Cash Flow: $800,000+

Monthly Rent: $8,000/month @

Very successful auto towing business for sale in San Joaquin County. Seller has been in business for more than 10 years. There are 16 flatbed trucks and 1 recovery truck. Company is a preferred and approved vendor for major insurance companies and a major auto maker. This is 24 hour business. The building is 5000sf and the lot is almost 1.5 acres for storing towed vehicles. The trucks are maintained in-shop for basic maintenance (oil change, new tire install etc) and truck wash/detail.

Seller claims: Revenue for 2019 is going to be over $2,300,000 and the yearly cash flow will be over $800,000. There are 17 trucks that are included in the asking price. Building is 5000 sq.ft., rent is $8,000 plus NNN with long term lease. Property is over an acre with enough storage to store towed vehicles.

Please complete and return attached confidentiality agreement with proof of funds to get address and more details. There are total of 18 trucks including in the asking price. 7 x trucks are fully paid off.

Please make an appointment with listing agent to show this business. #3918

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2010
Business Type: Auto Towing
License(s) Required: Business
Hours of Operation: 24 hrs
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3918
Date Available: 1/30/2020
Reason For Sale:
Annual Total Revenue: 2500000
Annual Net Income: 800000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 8000/m
Lease Expires: long lease
Lease Option:
NNN:
 
Financing Information
Down Payment: 2250000
Owner Will Carry:
Other Finance Terms:

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