Asset Recovery with Institutional Contracts-SBA Pre-Approved - Business for Sale
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Vehicle Asset Recovery Agency in Orange & Los Angeles Counties
CA, US
Added 11 days ago
Asset Recovery and Vehicle Repossession Services
18 years in business
Absentee / Semi-Absentee
Asset recovery and repossession agency specializing in vehicle recovery for lenders, operating in Orange and Los Angeles counties, California.
Key Information
Asking
$799K
Revenue
$2.2M
Earnings
$316K
Multiple
2.5x
Key Highlights
- Years established: 18
- Business specializes in vehicle recovery and repossession for banks, credit unions, and auto dealerships in Orange and Los Angeles counties
- 90% of recovered assets are automobiles; 10% are boats, motorhomes, trailers, and other equipment
- Included assets: 1 car with Clearplan cameras, 5 tow trucks (1 flatbed, 2 with Clearplan cameras), forklift with wheel lift attachment, office equipment
- Staff includes 3 core drivers, a pool of independent drivers, an office manager, and a lot manager
- Current storage yard/property lease will expire and business will need to relocate
Contact Info
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