Established towing service with a surplus of orders

Investiční teaser

Praha, Středočeský region, Czechia

Listing number: 200007

Illustrative photo
Valuation Not set
Net debt
Net debt represents the company's indebtedness. It is expressed as the amount of interest-bearing credit minus cash in the company.
0 €
Revenue
Revenue represents the total annual revenues earned by the enterprise by the sale of goods and services during the accounting period.
551 000 €
History
History of business operation.
26 years
EBITDA
EBITDA is a financial indicator of the company's operating performance. Annual EBITDA is expressed as profit before deducting interest, taxes and depreciation in the year.
122 000 €
Employees
Number of employees employed in the firm on a permanent basis as of the date of publication of this teaser.
16

Basic information

The subject of the sale is a 100% share in a company engaged in the car towing business. The company was restructured into limited company only two years ago, previously it was run by a self-employed person.

The company has contracts with 13 assistance services and therefore it does not have the problem of obtaining new towing cases. At present, the company pulls an average of 850 vehicles a month. The company owns a number of personal, freight and special vehicles, a detailed list is available on request. In addition, for example, a platform jack, a taut or a front loader are in the company’s assets. The value of the assets is estimated at about CZK 10 million.

The company also owns 2 websites, a billing program and a company logo.

Vehicles are strategically located in three locations rented by the company. These locations are situated in the Central Bohemian Region and Prague, and they also include an office and service facilities.

The company now employs 16 employees, including 13 drivers and 3 administrative staff. The current owner’s role is managing and it demands 5 to 8 hours a day. This position will have be replaces by the new owner or other employee after the sale. However, the owner is willing to stay in the company for some time after the sale and pass on all the know-how.

The company has no liabilities to the state and does not have any legal disputes. The business is for sale because the owner wants a change after many years in one company. The company is fully operational and can operate immediately upon acquisition by the new owner.

Tangible property

  • rescue car – 2x
  • truck for transporting vehicles – 7x
  • truck with platform – 1x
  • truck – 4x
  • passenger car – 4x
  • freight trailer – 1x
  • flatbed truck – 2x
  • cargo platform lifter
  • front loader

Intangible assets

  • 13 contracts with assisting companies in the Czech Republic
  • 2x website
  • billing program
  • a trademark on the company logo
  • diagnostic programs for vehicle defects

Rentals

  • office
  • vehicle position 1 – incl. non-residential premises and service facilities
  • vehicle position 2 – incl. non-residential premises
  • vehicle location 3

total 50 000 CZK / month excluding VAT

Employees

  • Driver: 13x
  • Administrator: 3x

Indebtedness

leasing – 2 cars
credit – 1 truck for transporting vehicles
credit – 1x flat truck

Total annual sales

2017: CZK 14,400,000
2016: CZK 9 930 000

Annual Profit (EBITDA)

2017: CZK 3,500,000
2016: CZK 2,500,000

Other informations

History: 21 years

Reason for sale: Owner’s need for a change

Legal form: s.r.o.

Subject of sale: 100% share in s.r.o.

Get more information

Ing. Michal Volník

CEO

+420 702 929 980
volnik@inbase.cz

Contact us if you are interested!






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