Services - Auto Repair, Parts & Svcs | Services - Local Passenger Transportation

Asking Price	$750,000	Inventory	Accts Rcv: $18,000*
Gross Income	$699,342	Real Estate
Cash Flow	$190,343	Year Established	1990
FF&E	$477,000*	Employees	3 + 5 drivers

* included in the asking price

** not included in the asking price

This towing company has been doing business in the Treasure Valley for many years, with an excellent distribution of income sources and contracts. It tows and moves a wide variety of vehicles from sedans to motor homes. Revenue is split evenly between law enforcement, retail individual towing, private property impounds, and motor club service - a key to consistent income and good profit margins. The business operates from a large facility with easy access to Treasure Valley roads and highways; employs staff at an efficient level that allows the owner time away; the company employs drivers paid on commission for their work. The different models of wreckers needed to handle the wide varitey of jobs and contracts are owned by the company.

Facilities: 4,000 sq. ft. office and warehouse on 0.7 acres, including impound lot for lease at $2,500 per month.

Competition: The company is a leader in the local market among a handful of similar-sized competitors. Efficient operation, quality service and a high level of integrity allow this business to charge above-market rates for retail tows and earn over 400 motor club calls per month on average. Single-truck home based operators will come and go, but this company will continue to leverage its dominant position for sustainable growth and income.

Growth/Expansion: Opportunity for growth will come from additional municipal and commercial contracts as well as rapid population growth in the metro area. The company’s established motor club contracts already promote growth as more automobile manufacturers include roadside assistance with their vehicle warranties. The Seller is enjoying more time away from the business to pursue his hobby and points out that a full-time owner could increase sales through additional focus on business growth.

Support/Training: Seller is including 40 hours of transition assistance at no cost. Additional consulting beyond the transition period may be negotiated.

Reason Selling: Other interests.