Towing Company - Business for Sale

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Towing and Impound Service in Palm Beach, FL

FL, US
Added 3 days ago
Transportation, Moving, Storage, & Delivery
41 years in business
Absentee / Semi-Absentee

Towing company in Palm Beach, FL providing vehicle towing and private impound services for commercial property owners, operating from a .6 acre impound lot with an office building.

Key Information

Asking

$650K

Revenue

$653K

Earnings

$270K

Multiple

2.4x

Key Highlights

  • 41 years in operation
  • Three tow trucks included, valued at approximately $225,000
  • .6 acre impound lot with office building (leased from seller at $9,000/month, long-term lease available)
  • Owner is not a driver
  • Tows 6-10 vehicles per day
  • Financials exclude sales of impounded vehicles or vehicle parts
  • Renewable contracts with hundreds of local commercial property owners
  • No police contracts or repos

Contact Info

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