1873 Route 70 | Cherry Hill, NY, 08003
Price: $ 3,500,000 +/- 7500 SFSales
Business Description:
For sale is a well-established commercial towing business with an accompanying body shop, featuring a large fleet of 10 trucks ranging from wreckers to flatbeds. This business has been serving its community since 2011, building a solid reputation for prompt and reliable service. With over 30 contracts in place, this business has a steady stream of revenue and is well-positioned for continued growth.
The towing company comes equipped with approximately $250,000 in tools and equipment, making it a turn-key operation for any new buyer. Additionally, the fleet of trucks is valued at approximately $2,500,000, ensuring that the new owners have all the resources they need to take over and expand this already thriving business.
The current owners are committed to ensuring a smooth transition of ownership, and are willing to provide training and support for up to 6 months. This makes it an ideal opportunity for those who are new to the industry or those who are looking to expand their existing towing business.
Overall, this commercial towing business presents a unique opportunity to take over a well-established operation with a solid reputation and ample room for growth. With its impressive fleet, extensive contracts, and accompanying body shop, it is a turn-key solution for any savvy buyer looking to enter or expand within the towing industry.
Investment Highlights:
Location: Orange County, NY
Established: 2011
Asking Price: $3,500,000
Building Size: 2 buildings +/- 7,500 SF total
Gross Revenue: $1,500,000 – $2,000,000
FF&E: $2,500,000
Inventory: $250,000
Real Estate: Leased: $5,000/ month
Employees: 7
Facilities: Lifts and equipment
Support & Training: Owner will transition for up to 6 months
Reason for Selling: Relocation of the family
