For more than 20 years, this well-established South Puget Sound towing company has earned a reputation for dependable, professional service and strong community relationships. Since 2003, the business has provided towing and recovery services for Washington State Patrol, local law enforcement agencies, municipalities, commercial customers, and private clients throughout the region. The company is approved for Washington State Patrol tow rotation areas, providing an established market position that would take years for a new operator to achieve.
Today, the business operates with established systems and an experienced team of long-term employees who understand every aspect of the day-to-day operation. Built to operate efficiently without relying solely on the owner's daily involvement, the company offers a smooth transition for new ownership. The experienced workforce, established Washington State Patrol rotations, and loyal customer base represent valuable assets that would take years to build from the ground up.
The business operates from a well-equipped facility that supports its day-to-day operations and provides the infrastructure needed for continued success. A new owner will step into a stable operation with proven systems, an established customer base, and a team committed to providing dependable service.
Having grown primarily through its reputation, referrals, and long-standing customer relationships rather than extensive marketing, the business offers meaningful opportunities for continued growth under new ownership. A buyer can build on an already successful operation by increasing market presence, expanding services, or pursuing other strategic growth initiatives.
Whether you're an established towing company looking to expand your presence in the South Puget Sound market or an owner-operator seeking a respected business with a proven track record, this opportunity offers a rare combination of experienced employees, established Washington State Patrol rotations, loyal customers, and a strong foundation for continued success. Serious inquiries only. A signed Non-Disclosure Agreement will be required before additional information is provided.
- Asking Price:
- $450,000 Furniture / Fixtures included
- Sales Revenue:
- $1,041,345
- Cash Flow:
- $157,177
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates out of a rented facility suited nicely towards the towing industry including multiple, secure impound lots, ample office space for staff, multiple bay repair shops and additional space that serves as a base for a growing industrial niche. Zoned Industrial and has been home to this operation for twenty-three years.
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
Growth could happen through better marketing, both digital and community networking. The business is currently semi-absentee operated and could benefit from an existing towing business as a bolt on opportunity or from an owner/operator with marketing savvy. The business has significant opportunities for continued growth. Having built its success primarily through its reputation and long-standing customer relationships, there is potential for a new owner to expand services, strengthen its market presence, and build upon an already solid foundation.
- Competition / Market:
-
There is competition of course, however this established towing company has built long-standing relationships with Washington State Patrol, municipal law enforcement agencies, county and city governments, apartment communities, commercial properties, and private businesses throughout the South Puget Sound. Much of the business comes from repeat customers and referrals rather than paid advertising, reflecting the company's strong reputation for dependable, professional service. Existing contracts and relationships provide a solid foundation while leaving significant opportunity for a new owner to expand through marketing and business development.
- Reasons for selling:
-
The Seller is concentrating on their full-time career outside of their business.
- Employees:
- 9
- Years established:
- 2003
Other Information
- Support & training:
-
Business is managed by employees, but the Seller is willing to provide transitional support.
- Financing available:
-
Seller is open minded in order to assist Buyer in securing an SBA loan
- Furniture / Fixtures value:
- $150,000 - included in the asking price
