Towing Company Northern New England (ME, NH, VT)

Price: $7,000,000

Industry: Transportation and Storage

Listing ID: CM60325

Exceptional opportunity to acquire a well-established and highly profitable towing business located in Northern New England! This successful company, in operation since 1985, offers a proven track record of strong financial performance and a loyal customer base across a major metro area and surrounding regions.

Key Highlights:

Robust Financials: Reporting impressive Gross Sales of $4,300,000 and a Net Income of $1,390,000, demonstrating significant profitability and a steadily growing revenue stream.

Established and Reputable: With over 35 years of experience in the towing industry, this company has built a strong reputation for reliable and efficient service, serving a diverse clientele including State and local police as well as AAA.

Extensive Service Area: While based in a major metro area, the company operates with no real boundaries, providing a wide reach for expanded business opportunities.

Dedicated & Experienced Team: Fully staffed with 25 full-time and 3 part-time employees.

Some Owner Financing Available: The seller is open to considering partial owner financing options, providing flexibility for potential buyers.

This is an owner-operated business and will likely be best suited for an individual or team prepared to actively manage and grow the business. It is not likely to be suitable for absentee ownership.

This is a rare chance to step into a thriving and well-respected towing operation with a proven track record of profitability and a dedicated team. Don't miss out on this exceptional opportunity!

Financials

Purchase Price: $7,000,000
Cash Flow: $1,390,000
Gross Revenue: $4,300,000
Inventory: $2,000 (included in the asking price)
FF&E: $2,300,000 (included in the asking price)
Real Estate: $1,620/month lease, NNN – may be available for sale.
Employees: 25 FT, 3 PT
Founded: 1985
Reason for Sale: Other opportunities.

Opportunities for growth:
Training: The seller will assist with the transition.

Gross Revenue: $4,300,000

Cash Flow: $1,390,000

FFE: $2,300,000

Inventory: $2,000

Reason for Sale:

Other Opportunities

Training & Support:

Seller will assist with transition

Year Established: 1985

Employees: 25 Ft 3 PT

Monthly Rent: 5,000.00