Highly Profitable & Fast-Growing Towing and Parking Enforcement Company - SC2205

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Automotive & Boat Businesses for Sale

  • Primary Category: Towing Companies for Sale

This Northern Californian Towing and Storage Company is a Californian Sub-Chapter S Corporation that has been in business for the past 12 years under the leadership of the founder. They operate out of three locations in Northern California (one started in 2023) and offer full 24/7 tow service. They provide high-quality, fast, and efficient private property towing services. They have 13 tow trucks and operate on an around the clock basis, including 1 medium duty wrecker, and the others light duty wreckers. They do not provide Law Enforcement towing on a rotation basis. Many of their clients are property managers, and they have a cloud-based software that allows for reviews of photos and descriptions of all vehicles that have been towed or tagged for violations.

Financial Information

  • $11,000,000 Asking Price
  • $7,500,000 Cash Flow
  • $11,000,000 Gross Revenue
  • $11,000,000 Down Payment
  • On request Adjusted EBITDA

Business Location

  • City: Northern California
  • State: California

Reason for Sale

  • The reason for selling is the Seller would like to pursue other interests.

Detailed information

  • Year Established: 2014
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 26
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Inventory Included: Yes
  • Inventory Value: $50,000
  • Monthly Rent: $12,500
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 39000
  • FF&E Included?: Yes
  • FF&E Value: $850,000

Training/Support

  • The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.

Facilities

  • This business operates out of 3 locations. One location has a 35,000 square foot yard with a 4,000 square foot shop at $12,500 per month and a 5 year lease. The second location has around ½ acre lot and a 2-year lease at $8,300 per month. The third location is on 1.2 acres and has 3 offices and current rent is $12,350 per month and is being renewed into a 5-year lease.

Market Outlook/Competition

  • The U.S. roadside assistance market is projected to grow from $5.99 billion in 2022 to $7.73 billion by 2029, at a CAGR of 3.71% during the forecast period. The global towing vehicle market is projected to grow at CAGR of 5.41% during the forecast period, reaching a total market size of $9.2 trillion in 2027 from $6.4 trillion in 2020. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
Business Listed by
image of Brett Sargent
Brett Sargent
Sunbelt of Sacramento
Email Brett
Show Phone Number
Listing ID
SACRACA002-56127
License Number
CA 02100708; NV 1003039

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