Description
LAND, BUILDING, ASSETS and INCOME. Owner selling building & land (former state inspection facility), 5 tow trucks + equipment -with future revenue that comes with three profitable towing companies: Franks Towing, A-Plus Towing, and AMA Towing. $900K to over $1M ANNUAL REVENUE has been achieved in recent years with towing fees, storage fees, other revenue at this location. New owner to answer the phones and work hard. This location currently tows vehicles for Hampton Uni, Hampton Police, Virginia State Police. AAA and other car clubs are past clients. Unclaimed cars are stored at $50/day up to 30 days and then sold to auction. Building features an office up front and three spacious work bays with high ceilings and 12 roll up garage doors. Could host a repair shop and bring in additional $500K revenue. Fenced storage for up to 50 vehicles. Central location with quick access to interstates. Owner willing to finance up to $500K at current SBA rates if buyer brings $500K cash.
-
0BEDS
-
0.47ACRES
-
0BATHS
-
01/2 BATHS
-
2,655SQFT
-
$377$/SQFT
School Ratings & Info
Description
LAND, BUILDING, ASSETS and INCOME. Owner selling building & land (former state inspection facility), 5 tow trucks + equipment -with future revenue that comes with three profitable towing companies: Franks Towing, A-Plus Towing, and AMA Towing. $900K to over $1M ANNUAL REVENUE has been achieved in recent years with towing fees, storage fees, other revenue at this location. New owner to answer the phones and work hard. This location currently tows vehicles for Hampton Uni, Hampton Police, Virginia State Police. AAA and other car clubs are past clients. Unclaimed cars are stored at $50/day up to 30 days and then sold to auction. Building features an office up front and three spacious work bays with high ceilings and 12 roll up garage doors. Could host a repair shop and bring in additional $500K revenue. Fenced storage for up to 50 vehicles. Central location with quick access to interstates. Owner willing to finance up to $500K at current SBA rates if buyer brings $500K cash.
