Las Vegas Business Broker
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Listing No.: 101-15829
Category: Trucking
Asking Price | $450,000 |
Down Payment | $350,000 |
Gross Revenue | $448,945 |
Total Adjusted Net Income | $82,425 |
Equipment/Fixtures | $700,000 |
Year Established | 1995 |
General Location | Las Vegas surrounding area |
Extremely well-known and well-established full-service towing business in Southwest US. Business includes approximately $700,000 in equipment. Seller owns ideal piece of land—1.3 acres with plenty of storage space—all in an approved M1 zone. 1,960 sq. ft. in office space—6 offices and a reception area, all of which is handicapped approved. Will offer a very attractive lease to the right buyer or buyer can move the location to a space of their own if they prefer. Seller has purposely cut back in recent years due to family commitments and retirement planning, but is still turning away calls. In the summer, seller states he turns away 30 tows PER DAY! Unlimited potential for continued expansion and growth. Seller is willing to stay on for 3 months as an unpaid employee or driver while the new owner gets all their licenses. Seller is also generously offering 1 year of FREE RENT if the new buyer wants to rent the office/land back from him.
Gross Revenue | $448,945 | Listed Price | $450,000 |
Total Income | $82,425 | Down Payment | $350,000 |
Base Rent | $5,000 | Square Feet | 2000 |
Total Rent | $5,000 | Lease Expiration | |
Rent Deposit | $0 | Lease Options |
Inventory | Not Included | Leasehold Improvements | |
Equipment/ Fixtures | $700,000 | Other Assets |
Full-Time Employees | 10 | Training Period | 3 months - Seller will stay as an employee or driver |
Part-Time Employees | 1 | Special License Required | Tow Truck Operator License - seller will stay on until new buyer gets licenses |
Contract Staff | 0 | Reason for Selling | Retirement - owners are in their mid 70's and having health issues |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.