Owner looking to retire. Buyers looking to relocate to sunny Southern California? Looking for options on your 1031 exchange? Seller will cooperate with Brokers and buyers wishing to exercise their 1031 exchange options. Towing/impound company in business at the same location since 1924! We have exclusive and transferrable contracts with local, municipal and state law enforcement agencies. We maintain excellent relationships with local businesses for private property impounds. The business sits on over 3 improved acres with a 13000sf freestanding building. Location has an ideal freeway frontage to a major interstate and has two on/off ramps adjacent. Building has a permanent billboard onsite for business recognition. Land is well suited for a use change to a truck stop or similar. Building houses a licensed and operating auto body shop (with a very hard to get paint spray booth permit!), but could be divided into separate industrial units to increase profits. Owner believes the property is being under utilized and a new buyer could bring more potential. Selling price includes all contracts, equipment and real estate.

Posted Oct 15, 2016

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