Midwest Tow Trucking Company For Sale

Michigan
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Asking Price:$7,600,000
Gross Revenue:$5,303,308
FF&E:$6,180,495
Established Year:1959
Cash Flow:$1,342,427
EBITDA:$1,342,427
Real Estate:$1,650,000
BUSINESS DESCRIPTION

Profitable Towing Company and service with growth potential!

Founded in 1959 and based in the Midwest, this opportunity represents a leading tow trucking company with a long-standing reputation for excellence. Specializing in prompt and reliable response to urgent calls for auto repair, roadside assistance, and towing services, this company has established itself as a trusted partner for drivers in need. Their fleet of state-of-the-art wreckers is operated by a team of highly trained technicians capable of handling complex recoveries for all types of vehicles, from everyday cars to large semi trucks.

The company is committed to delivering swift towing services and transparent, high-quality car repairs. They go above and beyond by offering 24/7 roadside assistance, ensuring that help is always available when it’s needed most. Their fully equipped car and big rig repair shop is capable of servicing and repairing a wide range of vehicles, including personal cars, semi trucks, and various types of commercial trucks. With a focus on both efficiency and integrity, this company has become a cornerstone in the automotive service industry, providing comprehensive support to drivers throughout the region.


DETAILED INFORMATION
Location
Michigan
Inventory
Included in asking price
Real Estate
Owned
Building SF
24,100
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The original garage, constructed in the 1950s, has undergone multiple expansions over the years, including the addition of a mechanic shop. In 2016, the main building was fully renovated to include a customer waiting room, a dispatch area, and two private offices. The facility is situated on 3 acres of land, with an additional 28 acres available. Since the initial purchase, the property has been enhanced with the addition of three pole barns and several fenced-in acres. The FMV value of the equipment is $3,600,000.
Competition
The company services the following industries: automobiles and semi roadside needs such as accidents, roadside breakdowns, and semi roadside repair, industrial machinery, setting concrete structures, heavy crane work, small structure placement or removal, and others.
Growth & Expansion
They would greatly benefit from implementing a strategic marketing plan that includes a robust online presence and a targeted SEO strategy. Many loyal customers who depend on the company for all their towing needs are unaware that they also offer full-time mechanic services. Expanding marketing efforts to highlight their auto repair services presents a significant growth opportunity. Also, forming exclusive partnerships with auto dealerships or rental companies for towing and repair services is another significant growth avenue.
Support & Training
Ownership is willing to help during the transition period.
Reason for Selling
Ownership would like to retire and spend more time with family.
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Jason
Sanders
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Jason Sanders