1873 Route 70

For Sale

1873 Route 70 , Cherry Hill, NJ 08003

This Cherry Hill property for sale is located at 1873 Route 70 . The current listed sale price for 1873 Route 70 is $1,900,000.

Contacts

broker

Vincent Ceroli

Vantage Real Estate Services

(856) 797-1919

broker

Ken Richardson

Vantage Real Estate Services

(856) 797-1919

Property Details

  • Property Type Retail
  • Property Size 7,500 SF
  • Date Updated Apr 18, 2024

 

For sale is a well-established commercial towing business with an accompanying body shop, featuring a large fleet of 10 trucks ranging from wreckers to flatbeds. This business has been serving its community since 2011, building a solid reputation for prompt and reliable service. With over 30 contracts in place, this business has a steady stream of revenue and is well-positioned for continued growth. 

 

The towing company comes equipped with approximately $250,000 in tools and equipment, making it a turn-key operation for any new buyer. Additionally, the fleet of trucks is valued at approximately $2,500,000, ensuring that the new owners have all the resources they need to take over and expand this already thriving business. 

 

The current owners are committed to ensuring a smooth transition of ownership, and are willing to provide training and support for up to 6 months. This makes it an ideal opportunity for those who are new to the industry or those who are looking to expand their existing towing business. 

 

Overall, this commercial towing business presents a unique opportunity to take over a well-established operation with a solid reputation and ample room for growth. With its impressive fleet, extensive contracts, and accompanying body shop, it is a turn-key solution for any savvy buyer looking to enter or expand within the towing industry.

 

Location: Orange County, NY

Established: 2011

Asking Price: $2,500,000

Building Size: 2 buildings +/- 7,500 SF total

Gross Revenue: $1,500,000 – $2,000,000

FF&E: $1,725,000

Inventory: $250,000

Real Estate: Leased: $5,000/ month

Employees: 7

Facilities: Lifts and equipment

Support & Training: Owner will transition for up to 6 months

Reason for Selling: Relocation of the family

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Getting around

  • 44/100

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  • 43/100

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Location

  • City Cherry Hill, NJ
  • Neighborhood Greentree
  • Zip Code 08003
  • Market Philadelphia

Points of Interest

  • Ashland

    3.66 miles

  • Rodriguez cab

    6.29 miles

  • Ferry Avenue

    6.60 miles

  • High Class Deluxe

    6.63 miles

  • Riverton

    7.70 miles

  • PATCO Broadway

    8.39 miles

  • PATCO City Hall

    8.53 miles

  • Cooper Street–Rutgers

    8.76 miles

  • Atco

    8.88 miles

  • Adventure Aquarium

    8.91 miles

  • Exxon

    0.19 miles

  • US Gas

    0.22 miles

  • Exxon

    0.31 miles

  • Wawa Gas

    0.33 miles

  • Lukoil

    1.04 miles

  • US Gas

    1.41 miles

  • Speedy Gas

    1.45 miles

  • Valero

    1.73 miles

  • CITGO

    1.76 miles

  • Sunoco

    2.08 miles

  • Penn Parking Garage

    0.17 miles

  • Truck Parking

    2.14 miles

  • paved parking.

    2.66 miles

  • free parking (gravel lot)

    2.66 miles

  • Mews Parking Lot

    2.75 miles

  • Church Parking Lot

    3.54 miles

  • National Guard Parking

    3.62 miles

  • free parking for park and dog run.

    4.00 miles

  • Cooper River Trail Parking

    5.20 miles

  • Merchantville Bike Path Parking

    5.45 miles

  • Sakura Spring

    0.08 miles

  • Oriental Pearl

    0.16 miles

  • Coco Miyachi

    0.16 miles

  • Dunkin'

    0.16 miles

  • Zushi Dozo

    0.16 miles

  • Tiffin

    0.18 miles

  • PJ Whelihan's

    0.22 miles

  • Rajbhog Cafe

    0.38 miles

  • Chick-fil-A

    0.41 miles

  • Burger King

    0.47 miles

  • H Mart

    0.52 miles

  • Whole Foods Market

    1.78 miles

  • ALDI

    1.81 miles

  • Walmart Supercenter

    2.01 miles

  • ShopRite

    2.06 miles

  • Kohl's

    2.13 miles

  • MOM'S Organic Market

    2.16 miles

  • Whole Foods Market

    2.37 miles

  • TJ Maxx

    2.48 miles

  • Burlington

    2.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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