Tupelo Data Room
Towing Companies, Other Transportation & Storage
Active

Company Engaged in Towing Motor Vehicles & Roadside Service 24/7

Charleston, Charleston County, South Carolina, United States
Asking Price$5.50m
Revenue$3.54m
EBITDA-
Cash Flow$1.50m
Description
Only Cash Acquisitions will be accepted, owner will hold a small note for a short period. If you have to use a bank; do not inquire. This business is totally documented on Towbook. This is a Recession Proof Business. Whether you want to be the Owner Operator or an Absentee Owner; this is a Superb opportunity to make money. Think about it; they go pickup wrecked vehicles of all types on the Roads and Highways that have been in wrecks, ran off the road in bad weather, vehicle will not start or has a flat tire; they go Tow You to Safety. The demand for these services is Endless and Growing. 1. This business has proven it is recession proof growing every year. 2. It is in a huge marketplace that continues to add more vehicles and trucks on the roads and highways.. 3. The owner has added capability beyond just picking up cars and small trucks; they can do it all - 18 wheelers, excavators, forklifts, cars, trucks of all sizes, trailers, airplanes, motorhomes, containers, sheds - they do it all. Most companies in this business only handle cars and small trucks. Call Cecil Dye The Business Guy - 843.636.2475.
Inventory
$1.13mIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 19
Year Established
2017
Reason Selling
Owner is Retiring
Facilities & Assets
Three leased & fenced locations near main roads & highway with capacity to hold at least 450 - 500 vehicles. These vehicles are charged a daily fee while waiting to be picked up.
Support & Training
Negotiable for a successful transition.
Market & Competition
Owner is currently buying out a few of his smallest competitors to have access to their customer base. This business is called on a rotation basis for accident response via their Police Department Rotation Contracts. Plus they have arrangements with municipalities and companies that feed clients to them. They will handle all callers needing their services for towing vehicles and now getting into container hauling.
Growth Opportunities
The growth in the TriCounty area has brought a huge increase of vehicles on the highways and roads. Many of these roads have ditches along the sides where vehicles end up when in an accident. They also service electrical vehicles.
Financing Options
Negotiable
Asking Price$5.50m