Towing Business
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $336000
Net Profit / Cash Flow $132000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Owner can help with training and transition.
Reason for Sale Health, retirement.
Description Small towing business for sale in Montgomery County, MD. We service approximately 70 area property owners/business owners by providing parking management towing services of illegally parked vehicles. We also provide consumer request towing for breakdowns and accidents. Four employees however only one is salaried the others are 100% commission. Annual sales of $336,000 and a net profit of $132,000. A mobile office is included and Towing lot is leased. Two towing vehicles are included with sale, a 2005 and a 2006 repo style tow truck. Our storage lot is conveniently located next to a metro station. Business is currently operating daily and is a great cash producing business. The private property impound business is virtually recession proof. Owner can help train/transition to new owner. Owner is retiring.
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