Looking to buy or advise on business acquisitions?
Check out this great business I found for sale. I found a company that’s thriving in a growing industry. - Market: Roadside Assistance and Towing - Target: Established regional player - Plan: Expand and scale __________________ Here’s the breakdown: This towing company is part of the booming roadside assistance market, which is growing fast. They've been serving Northern California for 32 years with 10 tow trucks, including heavy and medium-duty wreckers. __________________ Interesting part? They have several contracts, including an exclusive one averaging over 10 tows per day. __________________ Customers are loyal. When a towing company does a good job, why switch? It’s easier to stay with reliable service, especially with law enforcement rotations. __________________ Customers are recurring. Towing needs are constant with growing vehicle traffic and stricter parking rules. Vehicles always need towing. This won’t change. __________________ Why no national brand takeover? The industry is operationally intensive and requires expertise. This company, however, has a stellar reputation and high-quality equipment, making it perfect for expansion. __________________ Exciting opportunity: - Revenue over $2M in past 3 years, $2.6M in 2023 - Net Income: $560K - SDE: $1.5M - Assets: $1.7M in equipment, $150K inventory, $180K receivables __________________ Growth potential is fascinating… The U.S. towing market is ready for consolidation. With the right investment, this business can expand its fleet, improve digital presence, and explore new areas. __________________ Here’s the plan: - Expand into CHP rotation for big rigs - Build strong online and social media presence - Use existing exclusive contracts This business is a gold mine for the right investor. __________________ Owner willing to train new owner for 4 weeks, ensuring a smooth transition. Many towing businesses aren’t “sellable” because they are owner-operated. This acquisition allows you to expand systems and scale operations easily.