50 Year Old Towing Business (With Contracts)

Our client is a well-established towing and impound services provider with over 50 years of operational history. Under its current ownership since 1996, the company has built strong municipal and law enforcement contracts, ensuring a consistent revenue stream.

Our client operates with a well-maintained fleet valued at approximately $1.5M and an experienced workforce, many of whom have been with the company for over a decade. The company has demonstrated strong financial performance, achieving $1.66M in revenue in 2024 with an adjusted EBITDA of $630K, despite industry challenges such as regulatory compliance and labor shortages.

Key strengths include a strong local reputation, exclusive municipal contracts, and operational efficiency. Opportunities for growth include service expansion, fleet modernization, and technological advancements in dispatching and roadside assistance. The owners seek a strategic buyer as they prepare for retirement, offering transition support to ensure continuity.

This sale presents an attractive acquisition opportunity for buyers looking to enter or expand within the towing and vehicle recovery industry, leveraging our client's stable cash flow, loyal client base, and strategic market positioning.