Business Description

This business offers a unique opportunity for cash buyers to take over a fleet of 19 vehicles with an approximate value of $600,000. The buyer can assume existing vehicle mortgages and pay off the remaining balance in cash without the need for SBA or bank financing. The business primarily operates through rotation contracts with police departments for accident response, as well as partnerships with municipalities and companies that refer clients in need of towing services. In addition to towing vehicles, the business is expanding into container hauling. The owner operates from a small 350 square foot building for administrative purposes, and the business has three leased and fenced locations with the capacity to hold up to 150 vehicles. Vehicles stored at these locations are charged a daily fee until they are picked up. This recession-proof business is considered a gold mine with endless and growing demand for its services. Whether someone wants to be a hands-on owner-operator or an absentee owner, this opportunity is touted as a superb way to generate profits by providing towing services for vehicles involved