Highly Profitable Recession Resistant Northern Californian Towing And Storage Company - SC2175
Not Disclosed, CA Sacramento County
Asking Price:
$6,500,000
Annual Revenue:
$2,600,000
Request More Information Contact the Seller
- RE: Highly Profitable Recession Resistant Northern Californian Towing And Storage Company - SC2175
- Contact: Brett Sargent
Quick Facts
| Asking Price: | $6,500,000 | |
| Annual Revenue: | $2,600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,500,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,700,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 12 | |
| BBN Listing #: | SB-55017 | |
| Broker Reference #: | SACRACA002-55017 |
Business Overview:
This Northern Californian Towing and Storage Company is a Californian Limited Liability Company that has been in business for the past 32 years under the same ownership. They operate out of one main location with 3 storage facilities and provide full-service towing capabilities. They have 10 tow trucks and operate on a 24x7 basis, including 1 heavy duty wrecker and 1 medium duty wrecker, and 2 light duty wreckers. The remaining 6 are carriers. They provide Law Enforcement towing on a rotation basis. In addition to as needed towing, they do have several contracts in place that provide a steady stream of revenue to meet their towing needs, including a transferable exclusive contract that averages over 10 tows per day. Reputation, longevity, and high-quality equipment differentiate this company from the competition.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 a 10,000 square foot main location with monthly base rent of $10,000 and no CAM charges. This is a 5-year lease that is assignable. They also have 2 additional staffed storage facilities that range in rent from $3,500 to $3,800 each with varying lease terms that are assignable.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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