Very busy 12 year old interstate towing, repair and recovery business
- Listing Id: 8231
- Broker Name: Artie Barrett
- Category: Auto Repair Businesses
- Asking Price: $1,250,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $300,000.00
- Inventory: $5,000.00
- No. Of Full-Time Employees: 8
- No. Of Part-Time Employees: N/A
- Gross Income: $1,308,000.00
- FF&E: $675,000.00
- Year Built: 2003
- Address: Click Here
- Zip Code: Click Here
- City: Norfolk County
- State: MA
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Towing is 90 percent of their business. The other 10 percent are truck repairs.Licensed in 48 States and Canada. Major customers include 6 fortune 500 companies. With 2 large bays, they specialize in heavy duty repairs for mostly bus companies, trash companies, national/worldwide companies, the things most companies can’t handle. Their guys are specialized, they do equipment moves, containers, backhoes, skid steers, snow removal off tractor trailers in the winter. They pretty much do what most other companies can’t do. Their road service is their specialty so they’re actually hiring more heavy duty drivers, not so much garage work. The northeast does not have many truck stops or 24 hour road service. They perform a lot of services these truck and bus drivers cannot get in the middle of the night. Then major companies have them tow/store a tractor and trailer until someone picks them up. SBA financing available with $250,000 down. Seller has said that he would even hold a note to help get the deal done.
Financial Summary
N/A
No article added by Artie Barrett.
No news/updates from Artie Barrett.
