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Business for Sale Summary

Towing Business For Sale in Nassau County - 30878

Business Type: auto/truck mechanical repair,misc. service/non-classifiable,business with property available,owner financing available,auto repair
Owner Financing
Towing Business For Sale in Nassau County
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This business has received 209 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $350,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $250,000 financed for 5 years @7% to a qualified buyer.

Business Description

Looking to own a full-service towing, auto repair, recovery, salvage, transport, and road service company? This business, located on Long Island, is now up for sale! With almost 30 years of experience, this company operates out of 2 locations, offering towing services for police rotation, private clients, dealers, body shops, and motor clubs. The company has an unlimited growth potential and territorial expansion opportunities due to its geographical location. It includes a 5,000 sq. ft. storage yard, fully equipped fleet with 12 high-end trucks, including road service trucks and 4WD snow plow service truck. The sale includes $435,000 worth of equipment, and the owner or partner must assume notes for $175,000 on trucks. The business has computerized dispatch and GPS systems in place, all local licenses, and a full staff. The owner is willing to train the new owner or partner and may finance the purchase. Additionally, the owner has a busy repair shop, tire, dealer, inspection facility for cars, diesels, motorcycles, and trailers, and is also looking for a working partner or buyer. Property may be available for sale, and a long lease will be considered for serious inquiries. If you're looking for a business with unlimited growth potential and opportunities for territorial expansion, call the broker at 1-877-735-5224 today for more information.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.