Established Towing Company in Rockville, Md

Rockville, MD (Montgomery County)

Established Towing Company in Rockville, Md

Asking Price:$495,000

Cash Flow:$300,000

Gross Revenue:$1,400,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1984

Established Towing Company in Rockville, Md

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Business Description

This established company, in operation since 1984, has a stabilized income of $1,400,000. State and local police, insurance and dealers contract towing. No A/R over 30 days due. Can add snow removal. Covers MD, DC and VA. 6 trucks (2012-2016). Valued $480,000 with $350,000 loan. Drivers make 30% commission.

Detailed Information

Employees:
10
Facilities:
This is a 10,000 sf lot with a 6,000 sf office. Rent is $4,000/m. Lease goes to 10/2021. There are 50-60 parking spaces inside the lot. It has been in operation since 1984 and owned since 2004. There is up to 1 year of training.
Support & Training:
Up to 1 year.
Reason for Selling:
Pursue other interests.

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John Lin

Business Listed By:
John Lin

CapStar Commercial Realty

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