Catylist ID:
#30811262
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: | $50,000 (Annual) |
| Cash Flow Type: | EBITDA |
| Relocatable Business: | Yes |
| Last Updated: | 5/30/2023 |
Overview / Comments
|
This business is a very successful towing and recovery business that is fully employed and has relationships within rotations in Blount County at the base of the Foothills Mountains. Price includes 3 flatbeds (F650's), and 2 wreckers (F550 and International). Price also includes 30 days of training/owner turnover. The business does have an opportunity to lease a very adequate building and fenced yard within Maryville. This could be a longer-term lease or the property could be purchased as a package with the business. Lease rates and purchase price to be discussed as needed. The business has nearly 500 reviews on Google with a strong 4.9 out of 5 star reviews. Profit and Loss Statements are available for 2019 - 2021 as well as the current day Balance Sheet. All books are kept by a CPA. This business does not currently engage with any 3rd party towing/billing. This is a very big opportunity for a new owner. This opportunity is fantastic for a towing company looking to get into Blount County or for an investor looking to run a profitable business! Financial and more information available with our signed NDA. |
Additional Details
| Industry Segment: | Other Auto Related |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Value of Real Estate Included ($): | $0 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 2,238 | 4,952 |
| Median Age: | 40.69 | 37.61 |
| Households: | 831 | 1,777 |
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