What a towing buyer will ask
How revenue splits between rotation, motor club, private property and heavy work
Which contracts and rotation lists would carry over to a new owner
Your fleet list, with ages, mileage and loan balances
Your storage lot, whether you own it, and your impound records
How many drivers you have and how long they have stayed
Where the Calls Come From
Most towing companies run on a mix of police rotation calls, motor club dispatches, private property impounds and commercial accounts. Buyers want to see each source on its own.
Rotation and municipal work often carries rules about who can hold a spot. Some don't pass automatically to a new owner. Check the terms of every list and contract before you list the company.
Heavy Duty Work
Heavy wreckers and rotators for semis and buses earn high rates. Interstate traffic on I-35, I-40 and I-44 keeps that work coming here. If you have heavy equipment and trained operators, a buyer will pay attention.
The Fleet
Trucks are your biggest asset and your biggest cost. List each one with year, mileage, condition and what you still owe. A fleet that has been replaced on schedule reads as a well run company.
Oklahoma treats the equipment in a business sale as taxable, and vehicles are titled and taxed when the buyer registers them. Our guide to sales tax on equipment in a business sale explains how that affects the price allocation.
The Lot
A secure storage lot is part of the business. If you own the land, decide early whether it goes with the sale or stays with you as a landlord. If you lease, make sure the lease covers the buyer's loan term.
Keep impound and release records clean. Buyers and their lenders will want to see how long vehicles sit and how fees are collected.
Drivers and Dispatch
Good drivers are hard to keep. Buyers will ask about turnover, pay, training and safety records. A dispatcher who runs nights and weekends without you is a big plus.
Insurance is another cost buyers check. A clean claims history keeps premiums down, and a buyer will ask for loss runs from your carrier for the last few years.
If you also run a body shop, read our notes on collision repair shops. The valuation basics are on the valuation page.
Curious what your company could bring? Start with the valuation form or call (405) 555-0158.