Established SE North Carolina Heavy Duty Towing Company for sale

Financial Information

  • Asking Price: $5,000,000
  • Gross Revenue: $6,018,788
  • Cash Flow: $1,236,440
  • Down Payment: ON REQUEST
  • FF&E (Included): $143,681
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Southeast North Carolina
  • North Carolina
Primary Business Category: Support Activities for Road Transportation

24-year experienced, 2-partner business specializing in small and large vehicle towing, lock out services, small repairs, and tire replacement. Current owner is interested in retiring with 30% owner exiting in 1-2 years. Solid reputation with ongoing county city and state contracts in place. Brand recognition is paramount, so they do not do repossessions or parking lot predatory tows. In-house shop for most repairs and maintenance. Growth opportunity: plans drafted to secure additional space in the I-95 corridor for highway assistance. For additional information please contact Shanon Madrid at 919-858-6859 Ext 101 or [email protected]

Competition Description

Very few provide the Heavy-Duty experienced towing that they .

Growth / Expansion overview

Looking to secure additional lots along main highways. You can do predatory towing, at present they choose not to.

Support / Training Comments

Operational manager will continue for 1-2 years.

Reason For Sale
  • Home Based: No
  • Year Established: 1998
  • Franchise: No
  • Year Acquired: 1998
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business Drivers

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday- Sunday
  • Hours Open: 24 hours
  • Fulltime Employees: 28
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 7,200 sq ft
  • Parking: Secured lots
  • Monthly Rent: $14,300
  • Lease Expires: 01/01/2026
  • Lease Miscellaneous: lease includes 2 office and 2 lots
  • Transaction Type: Buyout or Acquisition
  • Investment Type: Equity
  • Transaction Fee: Paid by Seller

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Business Listed by

Sunbelt Durham

Contact: Shanon Madrid
Office Phone: 919-624-9275
Mobile Phone: 919-624-9275
Listing ID: DURHANC001-N102

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.