Towing Business with Growth Potential for Low Down Payment
Towing Business with Growth Potential for Low Down Payment
Price: $80,000
Location: Hempstead, NY
Industry: Automotive Repair and Maintenance
Listing ID: RaptID5580
This is an excellent opportunity to acquire a long established business at a reasonable price and for a low down payment of $50K! The business is experiencing a greater demand recently as more cars return to the road. The owner has reached retirement age and has experienced health issues. The business is located in the town of Hempstead in the County of Nassau, NY. In addition to the customer data base and phone numbers, the sale includes three trucks (2011 Dodge Flatbed, 2005 GMC Wrecker & a 1990 International Flatbed). The vehicles have been well maintained and ownership estimates their value at $60K (included n the sale). A financial review indicates that approximately 40% of sales is to private clients and 60% to public/corporate accounts.
Total Sales: $105,000
Cash Flow: $70,000
FFE Included: Yes
FFE: $80,000
Reason For Sale:
Owner has reached retirement age and is experiencing health issues.
Training & Support:
Owner will remain for sufficient period to transition business.
Year Established: 1971
Monthly Rent: $1,250
Type of Location: Leased
Square Footage: 300 sq.ft.
Facilities Information:
Office and yard for truck & auto storage. Lot is large and owner will rent additional space to new buyer if necessary for addditional wreck storage.
Competition:
Major clients are long standing and expected to remain with business.
Financing/Terms:
At the asking price seller will provide.e financing to qualified buyer.
For more information on this listing, please complete our Non-Disclosure Agreement
