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Asking Price$1,295,000
Revenue$1,039,330 Established2003
Cash Flow$454,428 Employees8 full-time
FF&E$400,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$400,000 Home-basedNo
* Included in Asking Price
Business has just been placed under contract, contact us and we will find you a great business opportunity.
This Gulf Coast Business provides complete vehicle repossession pick-up services in a 3-state area. This company is a leader in this central Gulf Coast region and faces little competition in their target market and they have a loyal customer base that keeps them busy all year. For over 13-years they have built a strong reputation and repeat customers for operating a low-risk, zero-confrontation policy that has significantly improved the reputation previously associated with this industry.

The business utilizes 7-tow trucks that work out of a 5,000 SF building with a secure, 1.5 acre impound lot monitored by multiple CCTV cameras and other sensors.

This very profitable business does not take checks or credit cards (cash only to get your car back) and only invoices a select few customers such as banks, credit unions, auto dealerships and other lenders. They will pick-up almost any collateral for these customers; autos, trucks, boats, heavy equipment, motorcycles and trailers.

In 2017 they pulled over 3,000 vehicles and 2018 is ahead of that. Very profitable and priced to sell fast.

Required Licenses: Business, State
Training/Support:Seller will negotiate a transition period
Sale Reason:Family Concerns
Ad #103571
Seller Reference #MOBILAL001-N845
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Contact This Seller
Lanier Chew
(251) 626-4949
Email Address