Price Reduced - Highly Profitable Towing Company in Central Arkansas

AR

Price Reduced - Highly Profitable Towing Company in Central Arkansas
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Asking Price: $1,290,000

Cash Flow: $258,875

Gross Revenue: $695,046

EBITDA: N/A

FF&E: $1,632,126

Inventory: N/A

Real Estate: $575,000

Established: 1976

Price Reduced - Highly Profitable Towing Company in Central Arkansas

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Business Description

Take advantage of a great opportunity for a self-motivated owner to take this towing company to the next level. Located in Central Arkansas, this business has been serving customers for over 40 years. Stability and longevity are crucial in this industry, and they have both. A strong bond with the local police agency allows for a big portion of repeat business for this company. You would have the ability to earn over $250,000 your first year, along with potential for another $100,000 for a full-time owner. Assets, including trucks and other equipment, along with land and building are all included in the asking price. Five full-time employees, including a manager, will allow for a smooth transition for a new owner. Current owner is willing to train for 30 days as part of the transition.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
6,600
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6600 Square foot building on 5.44 acres included in asking price
Competition:
Normal amount of competition for the area
Growth & Expansion:
There is plenty of room for growth in seeking out new contracts as well as expanding more into Commercial and Heavy-Duty towing business.
Support & Training:
Current owner will train for 30 days
Reason for Selling:
Consolidating effort for other businesses owned
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(from currently available funds)
 
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Eric Shelnut

Business Listed By:
Eric Shelnut

Century 21 Commercial Parker & Scroggins Realty

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