Services - Other Business Services | Services - Auto Repair, Parts & Svcs

Asking Price	$4,500,000	Inventory	$50,000*
Gross Income	$3,281,688	Real Estate	$950,000**
Cash Flow	$900,000	Year Established	2000
FF&E	$2,800,000*	Employees	26 ft 2 pt

* included in the asking price

** not included in the asking price

In its eight years of existence, this company has built an organization with a 95% market share of the medium and heavy duty towing markets within a 250 mile radius in northern Nevada. Based in Reno, they service the Reno, Sparks, Fernley, Lovelock, Hawthorne, Tonopah, Fallon, Yerington, etc. markets. They have contracts with the various Law Enforcement Agencies over 220 miles on Interstate 80 and 300 miles on Hwy 95. The current owners are proud of the team and the reputation that they have built during the past seven years. They feel that they have positioned it for continued growth. The Liberty Group of Nevada, LLC is very selective about the clients that we represent. We typically accept only a small percentage of all businesses that we consult with. Our criteria is simple. Our clients need to be experiencing positive cash flow and be priced in a range that fits into the parameters of local market conditions or must have another compelling reason to be in our portfolio. From a Regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of its diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live.

Facilities: They operate out of a 3,500 +/- sq. foot leased office in Reno with an 8,000 +/- square foot yard. They also own a 6,800 +/-square foot garage in Fernley that handles light duty truck repair. It is situated on 2.0 +/- acres and has an office, 3 drive-thru bays, and 2 drive-in bays. The sales price includes $2,800,000 in equipment, made up primarily of a late model fleet of vehicles worth $2,500,000 (approx.). The equipment consists of everything from 60 ton rotators down through light duty flatbeds and transport trailers.

Competition: With having a 95% market share in the medium and heavy duty towing markets in northern Nevada along Interstate 80 and Highway 95, this industry leader has little competition. They have built their business by providing safe, prompt and reliable service to their clients.

Growth/Expansion: Continued expansion east from Lovelock on Interstate 80 towards Winnemucca would be a logical progression. Since the current owner has done very limited marketing in the Reno and Sparks metropolitan area, the seller feels that generating a focused sales effort targeting the various local transportation companies would be beneficial.

Financing: All Cash. This is an SBA eligible business that has been pre-qualified.

Support/Training: 30 days

Reason Selling: Seller has fulfilled their business plan