Maryland Towing Business For Sale
Joe Ryan
Northwest Baltimore County Maryland MD
For more info and photos, check out our webpage at:
http://www.takingcareofbusiness.com/vehicles/towingbusiness.htm
$79,000 Investment
"With An Over 100% Return Of Investment
In the 1st Year !"
Well Established Business Since August of 1989
$72,000 To $110,000 Annual Gross Sales Guaranteed For The Last 10 Years
Reliable And Loyal Commercial Special Automotive Accounts
Established Accounts With Most Automobile Motor Clubs (except AAA)
12 Years Of Retail Phone In And Repeat Towing Customers
Very Good Opportunity To Expand If Wanted Due to the Instability Of Other
Local Towing Companies
Good Samaritan Towing Has Developed A Most Incredible Reputation With The
Commercial And Residential Clientele Of This Area.
We are looking for that special person, that can continue to meet our high
standards of dedicated professional service and good business ethics that is
an integral part this company's success and great name that has been built
throughout the entire last decade.
Including Our 1998 International 4700 DT466E Rollback Tow Truck
Currently, the truck is on the road, with tags and insurance. If you think
you would like to own this truck, please call me so you can come see and
take a test drive.
22 Foot Century Steel Car Carrier Bed
Custom Century Stationary Headboard
25,600 Pounds Gross Vehicle Weight Capacity - Do Not Need CDL
High Speed Heavy-Duty Planetary Hydraulic Winch
Electric Controlled PTO (Power Take Off)
Rear Independent Hydraulic Wheel Lift
Rear Towing Trailer Ball Hitch Adapter (3 Sizes)
TowMan's Edge Strobe Light Bar and Rear Work Lights
Two Big Steel Toolboxes (One on Each Side!)
Brilliant International White Paint Job on Exterior Cab and Rollback Body
(Vinyl Decals are Easily Removable)
Clean And Well Maintained Gray Interior
Double Fuel Tanks (Hold 100 Gallons Diesel Fuel Total)
Air Ride And High-Back Adjustable Driver's Seat
Factory "Cool" In Cab Air Conditioning
Tilt And Telescoping Steering Wheel
Power Windows And Cruise Control
AM/FM Digital Stereo Cassette Player
Brand-New Front and Rear Power Disk Brakes, Brand-New Rotors,
and Brand-New Axle Seals
DT466E International Turbo Diesel Engine - Runs Great!
In Line "Big Truck" 6 Cylinder
Heavy Duty Rear Differential Assembly / Suspension
7 Speed Spicer Manual Transmission
Bridgestone 80,000 Mile Warranty Tires - Brand New Front and Rear
International Factory Truck And Engine Service Manuals
Extremely Well Maintained (All Records Available)
Only 104,867 Miles (as of 11/6/2001)
* Please note that the sale of this truck is dependant on towing business
for sale
or delivery of new truck
Company Owner, Joe Ryan has recently accepted fulltime employment as a
Firefighter and Emergency Medical Technician with the Baltimore County Fire
Department in February of 2000, and has decided to look for a successor to
take over his great company. We have also found out that Joe and his wife,
Lauren, have had their first baby born May 23rd, 2001, a baby girl named
Sara. Joe would like to direct more of his positive energies toward the
growth of his new career in the emergency health services field and enjoy
the special time of starting a family with his wife Lauren, Sara, and of
course our cat (Kelly), dog (Timber) and horses (Collin and Luna).
The towing operation is currently running exceptionally well, managed by our
Rollback Specialist, Eddie, who would be a great asset to the company, if
needed to stay on. Of course our present part timers, myself - Joe Ryan and
Marty Ryan would be willing to stay on, in the least as expert towing
industry advisors. Our account business owners, retail customers, and
ourselves included, would be very excited to find out that we have found a
special person to take over our operations, that can continue to meet our
high standards of dedicated professional service and good business ethics,
in continuing the great work of our prosperous business. With this
established secure financial base, immediate or future expansion or
additions of towing equipment and specialist operators are only limited by
your ability to administrate effective management.
Owner - Joe Ryan
Contact Information
Please contact Joe Ryan by email or telephone numbers listed here.
E-mail:
J...@TakingCareOfBusiness.Com
Contact Phone Numbers:
Home: 410-833-0604
Cellular: 410-491-3444
Our Mailing Address:
Good Samaritan Towing
P.O. Box 776
Reisterstown, MD 21136-0776
Other Information
Towing Business For Sale NW Baltimore County, Maryland
This 12 year old Northwest Baltimore County company generates approximately
$72K in sales from 25% retail consumer and 75% loyal account wholesale work
is available for sale to qualified buyers. The business is financially sound
and well run with a Full Time and Part Time Rollback Specialists, and an
almost new 98 International Rollback. Have a Rollback Operator drive for you
like we have, or drive yourself and double your profits. Growth potential
based on plentiful market dynamics and internal expansion by adding more
trucks and operator employees.
The business currently shares space with an automotive specialty repair
business owned by the same owner. The current three year lease extends
through January 2002, however the sale of the towing business can exclude
the continuation of the shared lease.
Financials
Asking: $79,000
Gross: $72,000 for 2000
Cash Flow: Positive
Summary Description
A great small business for a one man operation or to be added on to another
automotive related business or an add on to an already existing towing
business. The price includes some two dozens commercial accounts including
"Club" accounts, a name recognition, well established telephone numbers
directory, a 1998 International 4700 DT466E Rollback turbo diesel engine (In
Line "Big Truck" 6 Cylinder) tow truck with about 105K miles (under
driven!!) with a 500K miles warranty on the "diesel" engine; plus 22 foot
Century Steel Car Carrier Bed, custom Century Stationary headboard, 25,600
lbs gross vehicle weight capacity, high speed heavy duty Planetary Hydraulic
Winch, Electric Controlled PTO (Power take Off), rear independent hydraulic
wheel lift, rear towing trailer ball hitch adapter (3 sizes), Towman's Edge
Strobe light bar and rear work lights, clean and well maintained, double
fuel tanks (100 gallons) factory A/C in cab, tilt & telescoping steering
wheel, power windows and cruise control, AM/FM digital stereo cassette
player, front & rear brand-new power disk brakes, rotors and axle seals,
brand-new double plate clutch assembly, 7 speed Spicer Manual Transmission,
Bridgestone 80,000 miles tires. This is a great and simple business.
Currently it operates on a five day schedule; Monday through Friday -morning
to 6:00 P.M. You may want to operate this business 7 days a week and add a
part time driver and you will make a lot more money. Call and find out more
details about this business. Don't wait, this business will not last long!!
Don't delay! call today!
General Information
Year Established: 1989
Employees: 2
Facilities: Currently, it is being parked at the Seller's auto repair shop
property. It does not need to be garaged. It may be parked on the street
etc.
Market Outlook
Competition: There is competition, however, this business is well
established and positioned for additional growth with a full time owner
operator. The business was founded in August of 1989
Growth and Expansion: Plenty of potential, as this business operates on a
very limited scale: Monday through Friday 8:00 A.M. to 6:00 P.M. (closed on
Sundays). It should operate 7 days a week.
About the Sale
Financing: Partial bank financing
Support/Training: Two weeks+ unlimited industry expert consultation
Reason Selling: New full time public service career + other small businesses
Included:
Company Good Will (Company founded in 1989)
Good Samaritan Towing Name Registered In The State Of Maryland 1989
Good Samaritan Towing Logo
Good Samaritan Towing Phone Number Ownership
1998 International 4700 Rollback And Title
All Towing Records And Receipts (Hard Copy And Computer Records)
All Maintenance And Expense Records
Commercial Account List And Area Shop Marketing Information
Motor Club Contracts And Files
Also Included If Needed (Included At Business Full Asking Price):
30+ Page Company Manual (Hard Copy And Computer Format)
Maryland State Inspection Certificate On 1998 International 4700 Rollback
2 Handheld Cellular Phones And Assume With Unlimited Mobile To Mobile
Airtime
Business Cards And Computer Edited Design With New Info
Towing Invoices And Computer Edited Design With New Info
Assume National Diesel Fuel Purchasing Account
Transfer Of Existing Business Insurance, Truck, and On-Hook Cargo Insurance
Dedicated Management Support Not Limited To Customary 2 Week Orientation
Occasional Back-Up Driver Support
Purchasing Options:
One option would be to assume, or refinance our truck loan with SunTrust
Bank, thus reducing the upfront money to buy the business.