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17550 - Established Automotive Services/Wrecker with Repeat Business

United States

Seller Financing Available
17550 - Established Automotive Services/Wrecker with Repeat Business
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Asking Price: $475,000

Cash Flow: $110,462

Gross Revenue: $325,425

EBITDA: N/A

FF&E: $241,000

Inventory: N/A

Real Estate: $349,000*

Established: 1998

*not included in asking price.

17550 - Established Automotive Services/Wrecker with Repeat Business

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Business Description

Great Profit Margin! Located in the Greater Tulsa Area of Oklahoma, the company is a long-standing, successful automotive repair provider and wrecker / towing service company. The primary sources of revenue include general automotive repair services for both commercial and consumer based clients, as well as offering general, and emergency, towing / wrecker services. The company operates out of its shop location, totaling nearly 10,000 square feet. Since its inception, the company has maintained a strong market presence, with the majority of its revenues coming from repeat business and strategic market capitalization within its geographic market. The customer base consists primarily of regional automotive dealers, repair service organizations, and local government agencies. The company has a proven track record of being able to maintain strong relationships with its clients for many years, while also providing top quality services with 24/7 emergency support available for towing. With its experience in the automotive repair industry, they have been able to keep revenue strong with minimal marketing efforts. By providing repair services, the company maintains an even higher presence in the market by being able to capitalize on its customers’ needs after wrecker and towing services are performed. In 2018, the total revenue was $325,425, with Seller’s Discretionary Earnings of $110,462. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has contributed to the company’s continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion. With 100-120 impounded and wreck vehicles typically on site, inventory varies and is negotiable at the time of sale.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
10,000
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
The business is currently in a stable growth pattern.
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Approaching Retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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