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Profitable Towing Business For Sale with Real Property

21/wk
Eastern Portion of L. A. County, California, United States
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Asking Price$2,675,000
Revenue$2,076,000 Established1964
Cash Flow$472,000 Employees16 full, 0 part
FF&E$1,000,000* FranchiseNo
Inventory$0 RelocatableNo
Real Estate$1,100,000* Home-basedNo
* Included in Asking Price
Established for over 50 years, this family owned and operated towing company continues to be extremely successful year after year.  This reliable, established operation has long term relationships and towing contracts with federal, state, county, local government and educational institutions.  In addition, 50 years in business has gained this company the steady flow of business from the public sector.  

The company maintains a large storage yard on the premises for lien vehicles.  Public auctions are conducted weekly which is an additional income source for the business.

All assets included in the sale of the business are free and clear with the exception of one Light Duty Flat Bed which was recently purchased by the company and is being financed.

Offered in conjunction with the business is the sale of the real property which consists of 3 parcels totaling 59,346 square feet [1.36 acres].  On the premises is a large 3,300 square foot cinder block building that contains the main office for overall operation of the business as well as a three bay vehicle service and maintenance facility.  There is also a separate two bay storage building located in the tow truck yard area.  

With the constantly growing number of vehicles in Southern California, a new owner has the opportunity to obtain additional municipality contracts to increase the revenue of this well established and recession resistant business.
Training/Support:Complete Training Provided by Seller
Sale Reason:Retirement
Ad #96364
Seller Reference #2191
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Earla King
951-520-1954
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