Property Details

Auto Towing Service - Monroe County

Property ID : LB22.177

For Sale $145,000.00 - Towing

DESCRIPTION:

  • Successful and profitable towing service serving the Greater Rochester area.
  • Established 20 years ago by the current owner.
  • Services include towing, flatbed towing, recovery, impound, jump-start/battery charge, lock-out and vehicle storage.
  • Towing license will be transferred to a new owner; it is currently extremely difficult for a new applicant to obtain this license through the City of Rochester.
  • Over 250 contracts with businesses, private property owners and municipalities.
  • An air-conditioned trailer is used for office space.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Equipment, valued at $65,000, including well maintained towing vehicles and related, specialized equipment.

 LEASE ARRANGEMENTS:

  • Gross Rent for the 7,800 sq. ft. facility is $2,000/month.
  • Current lease expires May 31, 2019.

SALES AND SELLERS DISCRETIONARY EARNINGS:              

2016 2015 2014
SALES 220,065 134,515 120,223
SDE 113,837 59,268 42,398

           

PRICE/FINANCING:

  • Asking price is $145,000.
  • Seller financing is available and negotiable to a qualified buyer.

 COMMENTS:

  • This business has been a leader in its industry for years and has maintained an outstanding reputation to it’s over 250 customers. Extremely profitable business model with very little overhead and possibilities for extra revenue that can be shared by the current owner.

Agent Lou Bellanca

Lou-Bellanca1
  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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