Sale Price $1,475,000
Assets $700,00
Inventory $70,000
Average Cash Flow $336,000
Business Description
Offered is one of the oldest and largest towing businesses in Southern Colorado operating continuously for over 50 years. The company has earned the reputation as the best in the market. Current ownership has been the driving force behind the growth with stable revenues approaching $1,500,000. The fleet of well-maintained vehicles are capable of handling any situation that may arise with a customer. The well-established business is a turnkey opportunity in a growing market. This is an exceptional acquisition target for the energetic entrepreneur.
Detailed Information
Location: Southern Colorado
Inventory and Assets: Included in asking price
Employees: 11
Competition: The company is the largest towing company in the market having invested in the equipment and fleet to service all customers from large government accounts to individual road-side assistance. In the market they serve there is only one other company viewed as a competitor.
Growth & Expansion: There is still plenty of room to grow the company. Current ownership has spent almost no time or resources on sales and marketing efforts. The fleet is not being fully utilized and there is room for growth before needing to invest in additional equipment. A new owner with the energy and expertise to implement a sales and marketing program will find it easy to add customers.
Owner Financing: Up to 10% of the purchase price
Support & Training: 30 days included with the sale – the owner is willing to negotiate a longer term if needed.
Reason for Selling: Retirement and concentration on other investments
Send Me More Information about this Business
All information contained herein provided by business owner, to be verified by buyer, and not warranted by Crestone Business Group. For more information on this or other profitable business opportunities, please contact:
Crestone Business Group
Jeff Balch, Associate Broker
Direct Phone: (719) 440-4597 | jeff@crestonebusinessgroup.com | www.crestonebusinessgroup.com
