This 3 year old towing and transport company has 15 trucks (13 of which operate on a cheap alternative fuel source), $450,000 worth of trucks and equipment, a fully equipped 5,000 sq. ft. automotive repair facility, 10 drivers, 3 dispatchers, 1 manager, $1,000,000 in revenues and $150,000 cash flow in very little time. The business also does some auto repair work for customers. With the strong competitive advantage of operating on a cheap alternative fuel source (that costs b/w $1.25 to $1.50 a gallon), combined with the ability of the company to repair it's own vehicles, the company has a huge competitve advantage. Lastly, the owner has grown the business 15% in the last 3-4 months by providing semi-long distance transport of vehicles for auction houses and wholesalers. This business is lucrative and will continue to be grown.
| Listing ID #: | 1002 |
|---|---|
| Broker: | Ross A. Weinstein |
| City: | Chesapeake |
| State: | VA |
| Asking Price: | $550,000.00 |
| Revenue: | $1,000,000.00 |
| Cash Flow: | $150,000.00 |
| Business Type: | Towing |
| Year Established: | 2009 |
| Year Acquired: | 2009 |
| Employees: | 15 |
| Building: | 5,000 sq. ft. repair facility with an office, and an additional newer office trailer on about 3/4 acre of land. The rent will be $1,500/month or the real estate can be purchased with the business only for an additional $400,000 |
| Reason for sale: | Retirement |
| Down Payment: | Negotiable |
| FF&E: | $450,000.00 |
| Rent: | $1,500.00 |
Ross A. Weinstein
Director / Business Brokerage Services
S.L. Nusbaum Realty Co. 440 Monticello Ave, 1700 Wells Fargo Center
Norfolk, Virginia 23510
757-640-2234 - Office
757-286-6980 - Mobile
757-640-2418 - Fax
rweinstein@slnusbaum.com