25 Year Old Towing Company

KNIGHTDALE, North Carolina

Asking Price	$1,500,000	Year Established	2000
Annual Revenue	$2,500,000	Reason for Selling	Retirement
Annual P/L	$0	Attention	Abba Gaspar
Annual Cash Flow	$250,000	Listing Number	990549
# of Employees	25	Business Category	Automotive & Boats: Auto & Truck Repair & Service

Business Overview:

For over 20 years, this full-service towing company has served the Triangle Market 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.

Property Features and Assets:

<p>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. <br><br>Fleet Overview:<br> • 16 Flatbed trucks (Freightliners and Hinos)<br> • 3 Wreckers (light, medium, and heavy-duty capacity)<br> • Forklift, loader, tools, and parts inventory<br> • Security system with cameras and alarms<br></p>

Market Competition and Expansion:

<p>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.<br></p>

Additional Details: