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Business Profile #1422
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Auto & Truck
Towing In CO Mountains
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| Location |
Asking Price |
Gross Revenue |
Adjusted Cash Flow* |
| Colorado
Mtns |
$799,000 |
$914,000 |
$290,000 |
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*Adjusted Cash Flow = Net Profit before Interest, Taxes, Depreciation, Amortization, Owner's Compensation, Owner's Fringe Benefits and any One-Time Expenses. This type of income recasting more accurately reflects the total financial benefit to an owner who is working in the business. |
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Business Description |
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Excellent Towing & Recovery (only) business will reward your organizational & management skills. Company has growing revenues & profits that exceed industry performance. Current owner participates in hiring, training, mechanical and management needs of the business. Staff (5-8 seasonal) include dispatch, drivers and mechanical providers. This business has staff/1099 drivers that are paid a commission% of their T&R proceeds. Contract & professional relationships feed this business with referrals. Company has earned an excellent reputation for reliability & responsiveness in this market-area. Opportunity to expand this business within this and adjacent communities. Contracts and relationships will transfer via Training & Familiarization. Mountain driving conditions (weather, grade & altitude) contribute to market strength & profitability (bigger accidents, higher frequency). Plus, resort economy creates international draw, along with high commercial traffic Interstate. The needs within this market are growing, and local competition leaves room for expansion & continued growth. Leases for office & recovery lot are exclusive, valuable, and transferrable. All assets paid-in-full, well maintained.
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| Business Summary |
Assets Included |
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| Established in: |
2003 |
Inventory: |
$5,000 |
| Employees: |
5-8
Seasonal |
Furniture, Fixtures & Equipment: |
$247,900 |
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Franchise Fees: |
$ |
| Ownership Form: |
S Corp |
Total Assets: |
$218,500 |
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Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction. Please use this link to complete a short Confidentiality Agreement and Buyer Profile. |
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Disclaimer: All information contained in this document has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this document. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent. |
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FOR MORE INFORMATION: |
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