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Sunday, August 28, 2016

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Auto Repossession Business for Sale

Southern California based Auto Repossession Agency seeks buyer. The firm is owner operated by a 25-year veteran in collateral recovery. Established in 1997, the company has long standing client relationships, most over 10 years, and an excellent reputation for execution in this industry. This fact adds tremendous value to the acquisition. The agency is licensed in the state of California and a member of California Association of Licensed Respossessors.

Asking range: $750,000.00 - $1,000,000.00

Monthly volume: 200 units

Type of collateral: Auto, Big Rigs, Motorcycles

Client Base: 75 active accounts

Commercial Storage Yard: leased, ¼ acre.

Tow Trucks: 4

The company operates as a sole proprietorship with long-term employees. The owner will sign a non-compete clause, train and oversee the transition. The business is scalable and could easily be expanded in other areas such as towing, skip tracing, and collections. This is a debt free business located in a highly active area.

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