Atlantic County, NJ
$500,000
Atlantic County, NJ
$500,000
REAL ESTATE INCLUDED
Sullivan County, TN
$2,400,000
Phoenix, AZ
$250,000
Anchorage County, AK
$1,450,000
Wake County, NC
$1,500,000
Buena Vista, CO
$1,400,000
Arizona
$975,000
Colorado
$7,000,000
Polk County, FL
$1,825,000
Berkeley County, SC
$775,000
Los Angeles County, CA
$1,950,000
$5,500,000
California
$7,980,000
$484,000
Atlantic County, NJ
REAL ESTATE INCLUDED
Texas
$2,700,000
Pennsylvania
Cash Flow: $1,631,515
Gary Sharp
Sharp Business Solutions
Serving Pierce County, WA
Sharp Business Solutions is a Western Washington based merger and acquisition firm helping business owners through the important and complicated process of selling their business. Unlike traditional business brokers Sharp Business Solutions is not out to just LIST your business. We are here to assist you in making the decision of when is the right time to sell. There are many reasons to consider selling your business. Ideally you will sell when it is your idea and when business is thriving, not due to some unexpected event or at the bottom of the business cycle. We want to help get you ready for whatever happens. We help: • Determine the current value of your business. • Based on a business review help determine if this is the best time to sell. • Take an honest and realistic approach to exit planning. • To look at a contingency plan in case of an unexpected event.
Saint Augustine, FL
Cash Flow: $300,000
Fresno, CA
$375,000
REAL ESTATE INCLUDED
Arkansas
$4,000,000
Phoenix, AZ
$795,000
Miami-Dade County, FL
$330,000
Wendover, UT
$3,500,000
Saint Louis, MO
$395,000
Bexar County, TX
Cash Flow: $663,977
$3,700,000
Arkansas
REAL ESTATE INCLUDED
$4,300,000
Parkville, MD
$340,000
Frankfort, KY
$275,000
New Mexico
Washington County, PA
$499,000
REAL ESTATE INCLUDED
Fairfield County, OH
$415,000
Las Vegas, NV
$175,000
Worcester County, MA
$1,350,000
Iowa
$2,500,000
Iowa
Cash Flow: $2,104,745
$1,450,000
Wayne County, NY
Richmond, VA
$75,000
Pompano Beach, FL
$699,999
Suffolk County, NY
$2,500,000
East Point, GA
San Leandro, CA
$3,500,000
Davis, OK
$1,469,000
The towing industry is a vital and consistently profitable sector, offering an essential service that businesses and customers rely on. Despite its reputation as a niche market, the industry has demonstrated remarkable resilience, showing consistent revenues and strong profit margins even during economic downturns. Towing companies are generally recession-resistant, providing services for vehicle breakdowns, accident recovery, repossessions, and more. Additionally, high barriers to entry—such as the cost of purchasing and maintaining equipment, securing licensing, and complying with regulations—limit competition, creating an environment that favors established companies.
If you are considering buying or selling a towing company, it is important to understand how these businesses are valued and how they typically perform financially. To provide some context, we have aggregated towing business for sale listings to surface average revenue and profit, and derive valuation multiples.
Market Overview
Number of Businesses Analyzed |
51 |
Median Asking Price |
$990,000 |
Median Reported Revenue |
$800,000 |
Median Reported Earnings |
$211,149 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Towing Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.85 |
2.50 |
Median |
1.15 |
4.33 |
Upper Quartile |
1.51 |
5.90 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Towing Company Business Valuation Multiples & Benchmarks
FAQs
How much does it cost to buy a towing business?
Prices vary depending on the size of the business listed, but the median asking price for a towing company in the U.S. is $990,000.
How much do towing business owners earn?
Towing company owners report median annual sales of $800,000 and annual owner earnings of $211,149. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a towing company?
Valuing a towing company involves considering several factors, including annual sales, profit, growth (or decline) trends, and demographic trends of the local market. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among towing companies listed for sale in the U.S. range from 0.85 to 1.51, with the median at 1.15. Earnings multiples range from 2.50 to 5.90, with the median at 4.33. These values suggest a typical towing business may sell for around 1.15 times its annual revenue, and& 4.33 times its annual owner’s earnings.
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