Seller Financing Available
Towing contracting business with real estate.
Long establsihed towing business in warm, sunny Arizona
The towing contracting business was founded 19 years ago by its current owner. The company has had steady sales revenues during the last six years throughout the economic recession. After many years in the towing business, the seller is highly motivated to sell so that he may retire. The secure business impound yard is just 5 minutes from Interstate 10.
In addition to the owner the company employs four full-time employees and three part-time marketing employees. Three of the full-time employees are drivers. When the company exceeds predicted capacity, it engages the services of friendly competitors and the use of a 24 hour dispatch service. However, as a result of recently implementing some expanded hours and days of operations, the seller has been able to lessen his reliance upon sub-contractors and has significantly increased his revenues.
The seller will share more details about his significant personal perks and benefits with an experienced, financially qualified prospective purchaser. Tax returns prepared by an accountant are available to such a purchaser. While owning this business, the seller has accumulated significant personal assets all of which are free of any debt. This is attributable to his success in this business.
The business and real estate are offered for $450,000. This will include a 4 acre parcel, tow trucks, office furniture, fixtures, and equipment plus an inventory of more than 100 vehicles. With regard to the real estate, the seller will consider leasing, leasing with an option to purchase, a 1031 exchange, or an offer that includes seller financing the real estate at a low interest rate.
As far as the business is concerned, the seller will entertain reasonable offers for the value of his extensive automotive and truck inventory as well as all of the equipment used in the business. A prospective buyer needs to see the business and meet the seller personally to appreciate the opportunities for exceptional profits and business growth.
Included in the purchase will be the 4 acre real estate parcel, tow trucks, trade name, an array of equipment, large inventory of vehicles (more than 100), tools, computers, telephones, filing cabinets, signage, covenant not to compete, and all necessary, transitional support the seller will offer a new owner. All of the company’s assets are free and clear of any liens or encumbrances. The seller will consider all reasonable offers. The seller is highly motivated to sell and said that “cash talks” with regard to the business portion of this transaction. The seller will also consider taking an equitable trade for a small airplane.