Towing Service Success Stories [2024]
Towing service refers to a licensed and insured business offering for-hire motor carrier service for stalled vehicles or other vehicles requiring a towing service.
The automobile towing industry opens up multiple opportunities to make money. To start the towing service, you need special licensing, towing equipment, and insurance to operate the tow truck business.
People need help when their cars break down, and they need someone who can get them out of the ditch, or off the side of the road and back on the road as quickly as possible. You can offer this service to people in your area who are having trouble getting their vehicle repaired, or if they're looking for a reliable place to get their car towed when they're not sure who can do it right away.
It’s a great way to get into the business world without spending a lot of money. You can start out small and build your company over time as you see fit, which gives you more control over how your business develops.
It’s an easy way to make money if you already have a truck and some basic equipment—all you need are customers!
You can choose whether or not you want a full-time job or something part-time on nights or weekends only when necessary; this allows for flexibility in terms of hours worked each week without sacrificing any income whatsoever.
In this list, you'll find real-world towing service success stories and very profitable examples of starting a towing service that makes money.
1. Finish Line Towing & Repair ($4.98M/year)
Johnny Van, the founder of Finish Line Towing & Auto Repair, was inspired by his father's towing business and his passion for automobiles. He saw an opportunity to provide exceptional roadside assistance services in Wisconsin and started FLT with his brother. The dedication to customer service, effective dispatching, and clean service has driven their success, with FLT making around $5,000,000 in sales a year. They are now focused on expanding to other markets in Wisconsin and Illinois.
How much money it makes: $4.98M/year
How much did it cost to start: $200K
How many people on the team: 45
Finish Line Towing & Auto Repair is Wisconsin's largest roadside assistance provider, bringing in $5 million in annual sales through its dedication to customer service, effective dispatching, and clean service, with a goal of expanding to other markets in Wisconsin and Illinois.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.