Highly Profitable & Fast-Growing Towing And Parking Enforcement Company - SC2205
Not Disclosed, CA Not Disclosed
Asking Price:
$7,980,000
Annual Revenue:
$5,000,000
Request More Information Contact the Seller
- RE: Highly Profitable & Fast-Growing Towing And Parking Enforcement Company - SC2205
- Contact: Brett Sargent
Quick Facts
| Asking Price: | $7,980,000 | |
| Annual Revenue: | $5,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,500,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $850,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 23 | |
| BBN Listing #: | SB-56127 | |
| Broker Reference #: | SACRACA002-56127 |
Business Overview:
This Northern Californian Towing and Storage Company is a Californian Sub-Chapter S Corporation that has been in business for the past 10 years under the leadership of the founder. They operate out of four locations in Northern California (one started in 2023 and another in 2024) and offer full 24/7 tow service. They provide high-quality, fast, and efficient private property towing services. They have 13 tow trucks and operate on an around the clock basis, including 1 medium duty wrecker, and the others light duty wreckers. They do not provide Law Enforcement towing on a rotation basis. Many of their clients are property managers, and they have a cloud-based software that allows for reviews of photos and descriptions of all vehicles that have been towed or tagged for violations.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This business operates out of 4 locations. One location has a 35,000 square foot yard with a 4,000 square foot shop at $12,500 per month and a 5 years lease. The second location has a 30,000 square foot yard and a modular office and they are paying $7,500 per month and they have a 5-year lease. The third location has around ½ acre lot and a 10,000 square foot shop and has a 2-year lease at $8,300 per month. The fourth location is on 1.2 acres and has 3 offices and current rent is $12,350 per month and is being renewed into a 5-year lease.Market Competition and Expansion:
The U.S. roadside assistance market is projected to grow from $5.99 billion in 2022 to $7.73 billion by 2029, at a CAGR of 3.71% during the forecast period. The global towing vehicle market is projected to grow at CAGR of 5.41% during the forecast period, reaching a total market size of $9.2 trillion in 2027 from $6.4 trillion in 2020.Reason for Selling:
The reason for selling is the Seller would like to pursue other interests.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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