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- RE: 25 Year Old Towing Company
- Contact: Abba Gaspar
Quick Facts
Asking Price: | $1,500,000 | |
Annual Revenue: | $2,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $250,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,000,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 25 | |
BBN Listing #: | 990549 | |
Broker Reference #: | 16968986-NI |
Business Overview:
For over 20 years, this full-service towing company has served a major metro area in the Southeast with a reputation for fast, dependable service.
Starting with a single truck, the business has grown into a multi-truck operation capable of handling light, medium, and heavy-duty jobs across a wide territory. It is consistently ranked among the top towing providers in its region and is backed by a skilled team, modern fleet, and clean financials.
The company specializes in roadside assistance, commercial towing contracts, insurance recovery, equipment relocation, and municipal police rotation services. With a large and well-diversified customer base, steady call volume, and a loyal staff already in place, this is a strong turnkey opportunity for an experienced operator or investor.
Services Offered
• Light-duty towing and roadside recovery
• Medium and heavy-duty vehicle transport
• Equipment relocation (toolboxes, sheds, forklifts, etc.)
• Auto salvage from impounds and abandoned vehicles
• Commercial contracts with insurance carriers and large accounts
• Police rotation towing in multiple jurisdictions
Staff and Operations
This business runs with a seasoned and reliable team:
• 1 Office Manager (15 years of tenure)
• 4 Dispatchers, including a lead dispatcher
• 16 Drivers, with more being onboarded
• 2 Full-time mechanics
• 2 Foremen
Drivers are trained quickly, and the team is known for fast call response times using modern dispatch software. The owner focuses on administration, while the rest of the team handles field and operations work.
Revenue Breakdown
The business has strong recurring income through multiple revenue streams:
• 60%: Large commercial/insurance contracts
• 20%: Private customer accounts
• 10-15%: Police rotation calls
• Remaining: Equipment relocation and misc. recovery
Call volumes average 230–300 per week from the roadside division and 300–400 from the insurance division, with even higher numbers following weather events.
Competitive Advantages
- Over two decades of reputation and relationships
- Mixed fleet ready for all types of towing jobs
- Highly trained and dependable staff
- Branded vehicles with strong market visibility
- Efficient dispatch and back-office systems
- Secure, well-equipped facility with flexible lease
- Clean books and strong payment history
This opportunity may be best suited for:
• An existing towing operator looking to expand through acquisition
• A fleet-based business (auto repair, logistics, transportation) seeking vertical integration
• An entrepreneur with experience in field services or asset management
• A family-run business wanting to step into a proven legacy operation
The Opportunity:
This is not just a towing business—it’s a trusted brand with decades of goodwill, a powerful fleet, and a team that treats each call like it matters. The company’s structure, systems, and customer base are all in place, ready for a new owner to step in and take over a profitable, community-serving operation.
If you are looking for a proven service business with real assets, strong revenue, and room to grow, this opportunity is one of the best in the Southeast region.
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Property Features and Assets:
The business operates from a leased commercial space that includes a secure impound yard, offices, and a large shop. The location is quiet, with easy highway access and a strong relationship with the landlord.
Fleet Overview:
• 16 Flatbed trucks (Freightliners and Hinos)
• 3 Wreckers (light, medium, and heavy-duty capacity)
• Forklift, loader, tools, and parts inventory
• Security system with cameras and alarms
Market Competition and Expansion:
The firm is one of the larger towing companies in the market and unique in it's capacity, fleet, and revenue categories. Outside of the few dominant players like this one, there are numerous single truck operators in the market that are not large enough to secure the contracts that the larger players serve.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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