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Turn Key Repo Company For Sale Houston Texas

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  • Turn Key Repo Company For Sale Houston Texas

    This is an Automobile Repossession company for sale. Company has been in business for six years with current owner. It has grown from 100 active accounts to 1100 active accounts within five years. Expanding from one repossession truck to a fleet of five, including a rollback. Company receivables range from $70K to $120K.
    We are looking to sell for $450K cash. This is a turnkey business with zero debt. The sale will include, but is not limited to, the following:
    · Client Portfolio
    o Client Contracts
    o Client List and Contacts
    o Active Accounts
    · Repossession Units
    o 2012 Ford F350xlt EX Cab, Gas, Jerrdan Lift *
    o 2012 Ford F350xlt EX Cab, Gas, Vulcan 810 Lift*
    o 2017 Ford F350xlt EX Cab, Gas, Jerrdan Lift
    o 2010 Dodge Ram 3500 Dually with Wheel Lift *
    o 2011 Dodge 5500 VulcanFlatbed with Wheel Lift*
    o *Panasonic A Grade CF-10 Toughbook 4 Wreckers *
    · Office Inventory
    o 9 Workstations – Cubicle, Monitor, Computer
    o 2 Executive Computer Desk
    o Security Camera with TV Screens
    Contact: [email protected]for more information.
    Financials:
    Asking Price: $ 400K to $500K
    Gross Revenue: <$800K
    Cash Flow Type: Sellers Discretionary Cash
    Inventory Trucks: 140K
    Office Inventory: 10K (9 Workstations Including Computers)
    Storage Container: Two 40Ft Containers valued at $6K
    Portable Office: 4 cubicles 4 workstations valued at $8K
    About the Business:
    Year Established: 2011
    Number of Employees: 8 employees
    Franchise: No
    Current Real Estate: Leased
    Management Training and Support: We will help with transition as needed
    Reason for Selling: Owner is ready to retire
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