Wake County, NC
$300,000

Wake County, NC
$300,000

Northampton County, PA
$400,000

REAL ESTATE INCLUDED
Somerset County, MD
$900,000

Las Vegas, NV
$1,225,000
Saint Charles, MO
$625,000
REAL ESTATE INCLUDED
Orangeburg, NY
$1,800,000
Riverside County, CA
$1,130,000
Los Angeles County, CA
$2,996,000
Atlantic County, NJ
$500,000
Anchorage County, AK
$1,450,000
Nashville, TN
$1,250,000
Wake County, NC
$1,500,000
Nevada
$3,250,000
$484,000
Atlantic County, NJ
Colorado
$7,000,000
Polk County, FL
$1,825,000
Mike Keen
Sunbelt Business Brokers
Serving Roanoke County, VA
Have you considered selling your business? In today's dynamic environment, it could be the key to realizing the next chapter of your life, whether that's retirement, scaling back, moving on to another venture, or simply cashing out. Sunbelt Business Brokers of Roanoke & Lynchburg helps make business dreams become reality! With a close rate double the industry average, Mike and Jeannie Keen are dedicated to guiding you through every step of the process. Mike, a retired Virginia State Police professional and Certified Fraud Examiner, has decades of negotiation expertise and offers a comprehensive suite of services, from valuation and marketing and continuous support throughout the process. At Sunbelt, we don't just broker deals; we empower your journey towards business prosperity and fulfillment. Selling your business is a crucial decision, especially in the evolving economic landscape. With us, you're not just working with industry experts; you're partnering with fellow business owners who understand the market intricacies. Approximately 80% of businesses and owners aren't prepared to sale when the time comes. With our team, you benefit from the guidance of seasoned professionals who can help you understand the market, determine business value, and ensure you're well-prepared. We don't just sell businesses; we get your business sold for top dollar. Navigating a business sale involves hundreds of variables. Without a professional team by your side, you may face uncertainties in the economy, fierce competition, and savvy buyers. Don't go it alone; let us guide you through the process. It's never too early to prepare.
Berkeley County, SC
$775,000
$5,500,000
California
$7,980,000
REAL ESTATE INCLUDED
Texas
$2,700,000
Pennsylvania
Not Disclosed
Cash Flow: $1,631,515
Saint Augustine, FL
Not Disclosed
Cash Flow: $300,000
REAL ESTATE INCLUDED
Arkansas
$4,000,000
Phoenix, AZ
$725,000
$744,000
Cattaraugus County, NY
Wendover, UT
$3,500,000
Bexar County, TX
Not Disclosed
Cash Flow: $663,977
REAL ESTATE INCLUDED
$4,300,000
Parkville, MD
$340,000
Frankfort, KY
$275,000
New Mexico
Not Disclosed
EBITDA: $147,000
Washington County, PA
$499,000
REAL ESTATE INCLUDED
Fairfield County, OH
$415,000
Las Vegas, NV
$175,000
Worcester County, MA
$1,350,000
$10,000,000
Seminole, FL
Richmond, VA
$75,000
Pompano Beach, FL
$699,999
Suffolk County, NY
$2,500,000
East Point, GA
Not Disclosed
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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