New Business For Sale: Tow Truck Co - 40 years in LA, High Profits

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May 17, 2018 by Eric Mellem

Eric Mellem just launched a new listing: Tow Truck Co - 40 years in LA, High Profits

Tow Truck Co - 40 years in LA, High Profits
Asking: $1,895,000 • Gross: $1,300,000 • Net: $600,000

Very Well Established AAA Approved Tow Truck Company in Los Angeles. 40 Years + High Profits

Since 1979 this Tow Truck company has been servicing the Los Angeles area. Their AAA contract provides excellent recurring revenue and, with a current fleet of 16 tow trucks, they can cover a wide area.

Services include; towing, battery jumps and sales, emergency gas and tire changes.

Growth Opportunity; since very little marketing is done currently a new owner could increase revenue by increasing the service hours, expanding the coverage area with AAA and also establish relationships with local repair shops and dealerships. 

This is a simple business to own and operate or run it as a semi-absentee owner since there is a very capable Operations Manager currently in place. The current owner will train a buyer how to operate the business upon transfer, but it is recommended a new owner has a basic business background.  

Contact me for more information: Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net. For faster response, please complete the Buyer Registration including a Non-Disclosure Agreement at www.bizex.net.

Eric Mellem
Email: emellem@bizex.net
Office: (310) 882-2200 ext 146
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/eric-mellem

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Eric Mellem

100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802

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Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations