This is a great cash business that is established with three businesses in one. (1) Car towing and break down/wrecker service, (2) Fully equipped car repairs and (3) a full service car dealers license for the business to sell the cars that are left in the yard and abandoned as well as cars purchased at the auctions for resale. They also repair cars for the general public if they have time. Offices equipped and staffed with knowledgeable front office people and a very well trained crew that man the eight flat bed trucks that are on call 24 hours a day to service the emergency calls that just keep coming in. Finance is in place on the vehicles of about $200,000 and the sellers may look at carrying back a loan on the balance with $350,000 down. This is a very profitable cash business that will make an owner $20,000 to $22,000 a month in good and bad times. This business is not reliant on the economy as much as other businesses. Cars break down and accidents will always be part of every day life I am sorry to say !. No automotive experience is required as the sellers will train and assist a buyer and the staff are well acquainted with the business. Another division is just about to be added to break cars and use the towing side to bring in old vehicles and recycle the parts and metal. This is a business that will qualify for an immigration Visa, E-2 or L-1 and a green card. Apart from all of the above, the sellers have just received further zip code areas from the insurance companies and triple A, that has required them to purchase five (5) new trucks that will be needed to provide roadside assistance right up to the Volusia County border. One paid for in cash and the others financed.
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