Premier Northern NM Towing & Transport Service

Undisclosed Address, Taos, NM 87571
Business Opportunity for Sale
Catylist Listing ID: 30632409
Property Subtypes: Transportation
Building Size (RSF): See Agent
Sale Price: $1,250,000
Name of Establishment: Confidential
Year Business Established: 1997
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 1/3/2022

Overview / Comments

TOWING & TRANSPORT SERVICES COMPANY
The company is recognized as the premier towing and transport company in Northern NM. Award winning, AAA Service Excellence Award and American Towman Award.
Established in 1997 at its present location. Strong, profitable and of large size and scale, the company enjoys a top, trusted reputation and affiliations. Historically, the company has bested any and all competitors. It has maintained a tradition of customer service and possesses many lucrative, profitable ongoing accounts and contracts with major insurance companies, auto clubs, governmental entities, dealerships and fleets which will transfer with other assets conveyed.
New, well-maintained vehicle fleet.
Strong, well-trained and disciplined staff: 8 full-time, 3 part-time.
Gross Revenues in excess of $1M annually.
Seller will lease present yard plus office and shop space of approx. 3000SF to purchaser.
Seller will entertain seller financing. Seller will provide training and management support.
Financials and due diligence materials available upon execution of non-disclosure agreement.

Additional Details

Industry Segment: Towing
Reason for Selling: Seller will pursue other interests in retirement.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Seller will lease present yard plus office and shop space of approx. 3000SF to purchaser.
Employee/Labor Description: Strong, well-trained and disciplined staff: 8 full-time, 3 part-time.
Mgmt/Training Support Description: Seller will provide training and management support, as well as support of current licenses and contracts.
Competition/Market Description: The company is recognized as the premier towing and transport company in Northern NM. Award winning – AAA Service Excellence Award and American Towman Award. Established in 1997 at its present location. Strong, profitable and of large size and scale - the largest in the region, the company enjoys a top, trusted reputation and affiliations.
Seller Financing Description: Seller will consider owner-financing upon commercially reasonable terms.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,004 8,256 8,256
Median Age: 47.85 44 44
Households: 1,534 3,866 3,866
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