$480,000
Cedar City, UT 84720
MLS# 24-251763
120 sqft
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Property Description
**Mountain Towing & Recovery** **Established Cedar City Towing Business - 30 Years of Excellence** **Opportunity Highlights:** - **Impeccable Safety Record:** Zero loss runs, zero accidents, and zero UDOT violations over 30 years. - **Licensed Facility:** Includes Utah State Tax Impound Yard #396. - **Prime Location:** Office, front lot, and shared use of a fully fenced, secure impound yard. - **Digital Presence:** Domain cedarcitytowing.com and active Facebook page. - **Contact:** Landline (435) 867-8000. **Included Vehicles:** - 1994 Chevrolet K-3500 / Century 412 - 2001 GMC Topkick 6500 / 897 Vulcan - 2022 International MV Chevron 21.5 LCG - 2022 Freightliner M2 X-Cab Jerr-Dan 22 ft XLP **Additional Trucks Available for Purchase:**
Details
Maps
Contract Info
Offering Type: Sale
List Price: $480,000
Current Price: $480,000
List Price/SqFt: 4000
Lease Price/Annual: 24000
Lse Prc Mnth P/SqFt: 2000
Lease Price Per: Month
Lease Type: Gross
Listing Date: 2024-06-08
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.686728
Geo Lon: -113.061606
House Number: 532
Street Direction Pfx: N
Street Name: Main
Street Suffix: ST
MLS Area: Outside Area
State/Province: UT
Postal Code: 84720
County: Iron
Tax ID: B-0988-0000-0000
Tax Year: 2022
General Property Info
Listing Class: Business Only
Realtor.com: Commercial
Lot Acres: 0.86
Total SqFt: 120
Remarks & Misc
Directions: Cedar City Main Street
Office/Member Info
Buyer Broker Compensation (BBC): 2.5
Buyer Broker Comp (BBC) Type: %
Status Change Info
Status: Active
Other Features
Yard SqFt: 0.86
Property Features
Type of Property: Commercial; Other - See Remarks
Showing Instructions: Call Listing Agent
Zoning: Commercial
Terms of Sale: Lease Option; Submit Any Offer
Supplements
- New 2023 Ford F-750 with SP-9000 gen 4 Side Puller ($170,000)
- 2019 Ford F-550 crew 4x4 Dynamic 755 Autoloader ($80,000)
All vehicles are low mileage and well-maintained.
**Business Performance:**
- Gross revenue exceeded $300,000 in 2023.
- Established customer base built over 30 years.
**Property Lease:**
- Main Street frontage with high traffic and visibility.
- Lease both front and rear yards for $2,000 per month, including utilities and trash dumpster.
**Future Expansion:**
- 40X60 shop will be available for an additional lease fee.
**Support for New Owners:**
- Owners are committed to providing training and guidance to ensure a smooth transition.
This is a unique opportunity to acquire a well-established, reputable towing business with a proven track record and significant growth potential.
Owner/Operator must pass a background check and be UDOT certifiable.
Current fleet of trucks under 26,001 GVWR / No CDL required.
Can return back to Heavy Duty semi towing, but CDL licensing required with heavy wrecker purchase
Listing Office: D&M DISCOUNT REALTY
Last Updated: June - 10 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.