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Las Vegas surrounding area

  • Listing No.: 101-15829

  • Category: Trucking

Asking Price $450,000
Down Payment $350,000
Gross Revenue $448,945
Total Adjusted Net Income $82,425
Equipment / Fixtures $700,000
Year Established 1995
General Location Las Vegas surrounding area
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 Extremely well-known and well-established full-service towing business in Southwest US.  Business includes approximately $700,000 in  equipment.  Seller owns ideal piece of land—1.3 acres with plenty of storage space—all in an approved M1 zone.  1,960 sq. ft. in office space—6 offices and a reception area, all of which is handicapped approved.  Will offer a very attractive lease to the right buyer or buyer can move  the location to a space of their own if they prefer.  Seller has purposely cut back in recent years due to family commitments and retirement  planning, but is still turning away calls. In the summer, seller states he turns away 30 tows PER DAY!  Unlimited potential for continued expansion and growth.  Seller is willing to stay on for 3 months as an unpaid employee or driver while the new owner gets all their licenses.  Seller is also generously offering 1 year of FREE RENT if the new buyer wants to rent the office/land back from him.

Gross Revenue $448,945 Listed Price $450,000
Total Income $82,425 Down Payment $350,000
Base Rent $5,000 Square Feet 2000
Total Rent $5,000 Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $700,000 Other Assets
Full-Time Employees 10 Training Period 3 months - Seller will stay as an employee or driver
Part-Time Employees 1 Special License Required Tow Truck Operator License - seller will stay on until new buyer gets licenses
Contract Staff Reason for Selling Retirement - owners are in their mid 70's and having health issues

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.