Towing Company For Sale Lake County Ohio

Perry, OH (Lake County)

Towing Company For Sale Lake County Ohio
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Asking Price: $750,000

Cash Flow: $110,900

Gross Revenue: N/A

EBITDA: $132,200

FF&E: $310,000

Inventory: N/A

Real Estate: N/A

Established: 2011

Towing Company For Sale Lake County Ohio

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Business Description

Our Client, Towing company, provides towing services ranging from light automotive towing to heavy recoveries for semi’s, tractor-trail, flat bed towing, load shifts, and more. Client also provides roadside assistance services such as tire changes, jump-starts, lockouts, and fuel deliveries. In addition, Client provides monthly vehicle storage services. Towing company customers include multiple municipalities and surrounding cities/townships and their respective police departments. Customers also include various auto repair facilities.

Towing Company was founded in 2011. Current owner began to learn the family business as a teenager. Client started off with one tow truck and soon realized the potential for expansion. Client began procuring more trucks one by one and also an impound lot where cars could be securely stored. Client also networked with local police departments and automotive repair businesses where he began to secure contracts. With these efforts the business expanded year after year.

Business is run by a very hands-on owner/operator. Owner is very focused on providing excellent service which ranges from providing clean trucks that show up promptly, to hiring solid, reliable drivers. Drivers are drug tested prior to hiring and then again on an annual basis. Customers know they can rely on Towing Company to manage challenging accidents such as semis and vehicles that go off the road or flip over, devastating fatal collisions, load balancing and/or hauling, and more. Client can handle these traumatic situations with their heavy equipment and their know how. Local law enforcement has great relationships with our Client and know they have a partner that works effectively and efficiently to handle these situations.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
1,524
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There are 2 buildings on the property fully owned by Client. (1) Main Office: 15 x 44, 660SF (2) Storage Facility: 24 x 36 x 12, 864SF
Support & Training:
The Seller will train new Owner.
Reason for Selling:
Health Reasons
Business Website:
http://kings-towing-and-automotive-llc.business.site/
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Ellen Zerucha

Business Listed By:
Ellen Zerucha

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Sponsoring Broker:
Thomas Jelepis

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