Asset Recovery Agency With Institutional Contracts-SBA Pre-Approved For Sale - Business for Sale
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Asset Recovery and Repossession Agency in Orange County, CA
CA, US
Added 11 days ago
Asset Recovery and Vehicle Repossession Services
Absentee / Semi-AbsenteeRetiring Owner
Asset recovery and repossession agency serving Orange and Los Angeles counties, specializing in vehicle recovery for banks, credit unions, and auto dealerships, with services including car pickup, storage, skip tracing, locksmith, and impound recovery.
Key Information
Asking
$799K
Revenue
$2.2M
Earnings
$316K
Multiple
2.5x
Key Highlights
- Business specializes in vehicle recovery for lenders, primarily banks, credit unions, and auto dealerships
- 90% of recovered assets are automobiles; 10% are boats, motorhomes, trailers, and other equipment
- Included assets: one car with Clearplan cameras, 5 tow trucks (1 flatbed, 2 with Clearplan cameras), a forklift with wheel lift attachment, and office equipment
- Staff includes 3 core drivers, a pool of independent drivers, an office manager, and a lot manager
- Business covers Orange and Los Angeles counties
- Current yard/property storage location will need to be moved after the current lease expires
Contact Info
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