68 Year Old Towing Business, Established contracts

Ventura County, CA

Seller Financing Available
68 Year Old Towing Business, Established contracts

Asking Price:$450,000

Cash Flow:$135,931

Gross Revenue:$482,765





68 Year Old Towing Business, Established contracts

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Business Description

Long standing towing business with excellent established contracts. The Company provides Car, Motorcycle, light duty truck, RV towing and RV Storage for Oxnard, Ventura, Camarillo, Port Hueneme, Thousand Oaks and all of Southern California. They have the right towing and road service equipment for the job. Their fleet includes wheel lift and flatbed tow trucks, Light duty truck and RV service, wheel lift and under reach towing equipment. The company has served the public and Law enforcement agencies, Auto insurance companies, auto clubs and auto repair facilities for over sixty years.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The owners own the property where the business is located, and share their large parcel with a salvage yard next door to the towing lot. This zoning is very desirable given the business location.
Growth & Expansion:
New accounts have not been actively solicited in years, and a new owner can substantially increase profitability by actively marketing the company.
Owner will consider a note for $180,000 for 60 months @ 6.5%
Support & Training:
The owners are committed to ensuring a smooth and successful transition to the new owner. They will introduce the Buyer to all of the key customer and vendor relationships and train the Buyer in the management responsibilities of the business. Understanding the complexities of their operation, the owners are willing to train a new owner for 8 weeks at up to 30 hours per week.
Reason for Selling:
The owners are looking forward to retirement and enjoying their family.

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Steve Barnett

Business Listed By:
Steve Barnett

KeyStone Business Advisors

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Dave Richards

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