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
Colorado
$7,000,000
$484,000
Atlantic County, NJ
Polk County, FL
$1,825,000
Berkeley County, SC
$775,000
Michael Nunnery
Global Business Brokers & Valuations Inc
Serving Hillsborough County, FL
OUR FIRM Global Business Brokers & Valuations Inc. is your premier partner in transitioning your business into the hands of a new owner. Our firm is led by Michael Nunnery and Chris Hazelwood, whose expertise in real estate, business brokering, and financial analysis form the bedrock of our service portfolio. Michael, with nine years of experience in real estate and business brokering, brings an in-depth understanding of market trends and buyer behavior. Chris, a seasoned CPA, adds a layer of financial rigor with fifteen years of experience, ensuring that the valuation and presentation of your business are beyond reproach. Our approach is holistic and tailored; we understand that selling a business is not just a transaction but a life-changing event. Therefore, we take great care in understanding your business's unique story and potential, translating it into a compelling narrative for the market. We are committed to maintaining the highest level of professionalism and confidentiality, recognizing the trust you place in us to manage the sale of your most valuable asset. The journey of selling your business is complex and nuanced. We stand by you at every step, offering clarity and strategic advice. From initial assessment to closing the deal, our team's expertise ensures that your business is positioned strategically in front of the right buyers. With GBBV Inc., you're not just selling your business; you're setting the stage for its future and yours.
$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
Wendover, UT
$3,500,000
$744,000
Cattaraugus County, NY
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
Richmond, VA
$75,000
$10,000,000
Seminole, FL
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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