Hot Listing

25 Year Old Towing Company

Asking Price$1,500,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&E$1,000,000
Included in asking price
Employees and Assets for Illustrative Purposes OnlySave
Hot Listing

25 Year Old Towing Company


Asking Price$1,500,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&E$1,000,000
Included in asking price

Seller Financing Available
Business Description
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.

Complete the "Contact the seller" box for an automatic NDA and check your inbox/junk mail. A full business report is available with the location, pictures, and more... Tax returns and more available in diligence.
About the Business
Years in Operation
25
Employees
25
Facilities & 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 Outlook / Competition
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.
Opportunities for Growth
While the company is profitable as-is, there are multiple clear paths to growth:
• Open Satellite Locations: Expand into nearby counties to qualify for more police rotations
• Add Specialized Equipment: Cater to niche recovery markets (e.g., RVs, buses, heavy equipment)
• Hire Additional Drivers: Increase fleet utilization to meet excess demand
• Target Commercial Real Estate Developers: Offer equipment relocation and contract towing
• Enhance Digital Presence: Grow market share through online advertising and updated website
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$5,000.00 per month
About the Sale
Seller Motivation
This is a retirement sale
Transition Support
The current owner is committed to a smooth handover and is open to supporting the transition phase for an agreed period.
Financing Options
Some seller financing for well qualified buyer. Terms to be negotiated
Listing Info
ID
2358331
Listing Views
3220

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Business Listed by: Listing Agent VR Business Brokers - Raleigh

Listing ID: 2358331 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.