Sold! 40th Street Towing and Repair in Springdale, Arkansas

Sold! 40th Street Towing and Repair

Pictured from left to right: Tom and Rhonda West (Sellers) and Paulene and Michael Reed (Buyers)

After founding the Springdale, Arkansas based business, 40th Street Towing and Repair in 1981, owners Tom and Rhonda West have sold their business through the CBI+Team and are retiring. In March 2014 the West’s approached Casey Grimes, Senior Intermediary for the CBI+Team, to help them sell their business. Casey Grimes aided the West’s in preparing their business for sale and also educated the Buyers, Paulene and Michael Reed on how to buy a business and helped them come up with a good business plan. Casey also worked with Budget Truck Rental, which is another part of 40th Street Towing and Repair, to help qualify and approve the buyers as authorized Budget Truck Rental dealers. Another successful Northwest Arkansas business passes the torch to someone else and stays in business keeping jobs in our area and making our economy stronger.

For more information on how the CBI+Team can help you sell or buy a business contact us at 877-582-5200 or