Services - Auto Repair, Parts & Svcs | Services - Other Travel & Transportation

$Seller Financing Available

Asking Price	$500,000	Inventory
Gross Income	$544,000	Real Estate
Cash Flow	$147,000	Year Established	N/A
FF&E	$158,559*	Employees	6

* included in the asking price

** not included in the asking price

The Company Is A Full-Service Towing And Impound Company. They Provide Service To Local Municipalities, Property Owners/Managers, And Police Departments. In Addition They Provide Transport And Storage For Body Shops, Dealerships And Mechanic Shops. The Company Has A Fully Equipped Customer Service Center With Experienced Personal And Customer Service Representatives. All Of The Service Vehicles And Dispatch Personnel Are Fully Equipped With State Of The Art Systems Allowing Them To Immediately Provide Their Customers Needs In Real Time. Additionally, The Company Has An Extensive Training Program And They Claim To Be The Best In The Industry. Services Include: * 24/7 Towing Service/Impound * 24/7 Emergency Service * Flat Bed Service * Private Party Impounds * Medium Duty Towing * Medium Duty Flat Bed * Long Distance Transport Disclaimer: The Information Contained In This Sheet Was Obtained From The Company And Other Sources. None Of The Information Has Been Independently Verified By Meritage Partners, Inc. And Therefore No Responsibility Is Assumed By Meritage Partners, Inc. As To Its Accuracy Or Completeness. Meritage Partners, Inc. Do Not Make And Expressly Disclaim Any Representation Or Warranty, Expressed Or Implied, As To The Accuracy Or Completeness Contained Herein And None Is Implied. Meritage Partners, Inc. Is Acting Only As An Advisor To The Company And Is Not A Broker Dealer.

Growth/Expansion: In 2010 the Company will have the opportunity to revisit its contract with the California Highway Patrol (CHP) with potential annual revenues of $250K. Additionally, the Company has immediate opportunity to service the AAA as an exclusive or back-up towing company. Potential annual revenues can range from $200k to $1,000,000.

Seller Financing Available: Yes

Financing: Call

Support/Training: Management understands that it is in both the Buyers and Sellers best interest for a smooth transition and is open to discussing support/training.

Reason Selling: The Principal Seller is interested in pursuing their other business.