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EXECUTIVE SUMMARY
PBG Reference No.: S919

VEHICLE TOWING AND RECOVERY SERVICE

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

This is a long-established, successful towing and recovery company. An excellent reputation for top-of the line equipment and strong customer service has resulted in a number of standing contracts with municipal governments, commercial and industrial accounts, motor clubs and insurance companies.

The company has enjoyed solid revenues and profits for many years by providing the finest service on a timely basis. All dispatch and vehicle tracking systems are computerized, and the experienced driver/technicians are professionally trained, certified, bonded, and insured.

Located in a high growth residential and commercial/industrial area, there are excellent opportunities for continued expansion through marketing to a variety of accounts that need towing and recovery services.

FINANCIAL HIGHLIGHTS

  2004 2005 2006 Projected 2007
SALES $1,178,298 $1,198,261 $2,146,724 $2,444,000
EBITDAS* $   218,522 $   150,774 $   404,525 $   440,000

* Earnings before interest, taxes, depreciation, and amortization.

DEAL STRUCTURE

This company is being presented for sale on an “Open to Offer” basis.
All reasonable proposals will be given consideration.

INFORMATION SUMMARY

  • Location: Northwest Chicago suburbs
  • Year established: In business for nearly 30 years
  • Ownership: S-Corporation
  • Facilities: 10,000 sq. ft., space for 300 cars
  • Rent: $4,200 per month
  • Employees: 13, including 7 certified drivers
  • Reason for sale: Retirement
  • Training: As needed for smooth transition

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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Premier Business Group represents manufacturing, distribution, and service companies with annual revenues in the $1-30 million range whose businesses are for sale.

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