Towing & Recovery Business For Sale

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30811262
Property Subtypes: Auto Related
Building Size (RSF): 5,000 SF
Sale Price: $850,000
Gross Revenue: $650,000 (Annual)
Cash Flow: $50,000 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Last Updated: 9/23/2022

Overview / Comments

This business is a very successful towing and recovery business that is fully employed and has relationships within rotations in Blount County at the base of the Foothills Mountains.

Price includes 3 flatbeds (F650's), and 2 wreckers (F550 and International). Price also includes 30 days of training/owner turnover.

The business does have an opportunity to lease a very adequate building and fenced yard within Maryville. This could be a longer-term lease or the property could be purchased as a package with the business. Lease rates and purchase price to be discussed as needed.

The business has nearly 500 reviews on Google with a strong 4.9 out of 5 star reviews.

Profit and Loss Statements are available for 2019 - 2021 as well as the current day Balance Sheet. All books are kept by a CPA.

This business does not currently engage with any 3rd party towing/billing. This is a very big opportunity for a new owner.

This opportunity is fantastic for a towing company looking to get into Blount County or for an investor looking to run a profitable business!

Financial and more information available with our signed NDA.

Additional Details

Industry Segment: Other Auto Related
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,238 4,952
Median Age: 40.69 37.61
Households: 831 1,777

Contact

Photograph of Listing Agent

Daniel Monat

LeConte Realty, LLC KAAR CIE Member
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