Going strong for over 40 years!
This towing company is family owned and operated, and continues to be successful and profitable year after year. This well-established, reliable operation has long term relationships and towing contracts with several state and local government entities, as well as accounts with many private automotive businesses in the area. In addition, over 40 years in the industry has gained this company a steady flow of business from the private sector.
They maintain a large storage yard on the premises for lien vehicles. Public auctions are conducted every 6 weeks, creating an additional income stream. The rear storage yard also accommodates tow truck and equipment parking, parking for employees' personal vehicles, as well as storage area for evidence vehicles as required by the police departments. and CHP. Additionally, their staff is well-trained, extremely loyal (some have been employed 25 years!), and run an incredibly efficient operation.
This business is being offered in conjunction with the real property, which consists of 3 parcels totaling 2.1 acres. The asking price includes both the business ($300K) and the real property ($1.8M); a successful transaction will require purchase of both the business and real property.
Between the ever increasing number of vehicles in Southern California and the opportunity to obtain additional municipality contracts, a new owner has a wide variety of ways to increase the revenue of this well established and recession resistant business. This company will not be on the market long, so contact your Agent with questions today.