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





Established Towing Company in Rockville, Md

Get Financing Save Print Share Valuation Report

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

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.

Listing Statistics for Premium Members

Ad#:1293444 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

John Lin

Business Listed By:
John Lin

CapStar Commercial Realty

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Pirtek USA

Franchise Opportunity In MD