Towing Company - Business for Sale

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Towing Company with Impound Lot in Palm Beach County, FL

FL, US
Added 27 days ago
Towing and impound services
41 years in business
Absentee / Semi-Absentee

Towing company in Palm Beach County, FL with a private impound lot, renewable contracts with local commercial property owners, and three tow trucks included in the sale.

Key Information

Asking

$600K

Revenue

$653K

Earnings

$270K

Multiple

2.2x

Key Highlights

  • Years established: 41
  • Three tow trucks included in sale, valued at approximately $225,000
  • Business operates a private impound lot on a 0.6 acre property with a stand-alone office building; property is owned by seller and will be leased for $9,000/month under a long-term lease
  • Company tows 6-10 vehicles per day
  • Business has renewable contracts with hundreds of local commercial property owners; no police contracts or repos
  • Financials do not include sales of impounded vehicles or vehicle parts
  • Owner is not a driver

Contact Info

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