Property Description
ABOUT THIS BUSINESS: Established Towing & Roadside Assistance Business for Sale | Western Cape
A mature towing and roadside assistance company with more than 15 years of continuous trading is available for acquisition in the Western Cape. It holds 30+ long-standing SLAs with a wide range of insurers, underwriters, roadside assistance providers and fleet management companies, providing stable recurring work.
The business operates a modern fleet of ten insurer-compliant loadbed tow trucks, fully meeting current industry standards. Supporting equipment, established dispatch systems and an experienced driver team are already in place. Strong relationships with panel beaters, repair centres, dealerships and salvage yards across the region further support efficient operations and a consistent flow of jobs.
These assets create meaningful barriers to entry and allow a buyer to take over an immediately operational business without the usual capital outlay required to enter the market.
Ideal for an existing towing operator seeking expansion or an investor looking for established infrastructure and commercial relationships.
Serious enquiries only. Full financials and details available under confidentiality.
OPERATIONS: Excellent management.
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Minimum R8m cash, balance may be financed. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R16,9m as a going concern/ zero VAT rate.
ASSETS:
MARKET VALUE: R7,8m
ASSET VALUE RATIO TO SELLING PRICE: 46%
PROFITABILITY:
ANNUAL TURNOVER: R9m
AVERAGE MONTHLY TURNOVER : R790,000
NET PROFIT (EBITDA) PER ANNUM: R2m
NET PROFIT (EBITDA) PER MONTH: R170,000