Profitable West Texas towing biz

Asking Price$5,800,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$4,100,000

InventoryNot Disclosed

FF&E$4,300,000
Included in asking price
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Profitable West Texas towing biz


Asking Price$5,800,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$4,100,000

InventoryNot Disclosed

FF&E$4,300,000
Included in asking price
Business Description
The company has 4 locations, primarily operating in West Texas, ideally setup for growth throughout the state. 50% of the revenue comes from heavy-duty towing, with the rest from light-duty and hauling. There are many commercial customers and a dozen law enforcement agreements in place. Motor club work is only taken on a deal by deal basis, at the company's terms. Call the broker to discuss a few more details and determine whether it makes sense to sign an NDA. Be prepared to talk about your source of funds.
About the Business
Years in Operation
28
Employees
13 (12 Full-time, 1 Contractor)
CFO and COO essentially run the business for the owner, who is a very experience
Facilities & Assets
There are four locations, 3 in the West Texas area and one east of Dallas. The facilities are simple, with an emphasis on being located near the oil fields. The company has a rotator, 4 other heavies, 6 roll backs, 6 haul trucks, several heavy duty trailers, and a few additional pieces.
Market Outlook / Competition
There are towers throughout the area. It is more difficult for competitors to match the company's skills and equipment on the heavy-duty side of the business.
Opportunities for Growth
More locations along I-20, possibly I-10. The company has been successful even without a salesman approaching commercial customers. Hiring one to go after commercial towing customers as well as transport (hauling) could be very beneficial.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
15,000
Rent
$15,000 per month
About the Sale
Seller Motivation
The owner has other business interests and may be leaving the area.
Transition Support
The owner is open to discussing any training that makes sense.
Financing Options
No seller financing option available at this time
Listing Info
ID
2541411
Listing Views
13

Listing ID: 2541411 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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