Questions & Answers
Ideas
Lab Projects
Edit
|
04/26/2010

Auto Towing

The Flash 9.0.0 plugin or higher is required to view content on this page, but was not detected on your browser.
Get Flash Player
  Auto Towing business.

  Business Overview

  In many areas of North America obtaining a license to start or operate an automotive towing business can be a frustrating task, as auto-towing licenses are heavily regulated. Some operators of towing companies forego the license entirely and do not provide towing services to the general public; instead they only subcontract their services on an exclusive basis to car dealers and property managers. However, this can still be a risky venture given that it may be difficult to secure proper liability insurance for this type of towing operation. The alternative to waiting to be awarded a towing license is to purchase one from an existing towing operator or company. Purchasing a towing license and tow truck in an urban area can cost you as much as $200,000 with no towing accounts in place. Overall, starting an automotive towing business can be a terrific and profitable business venture, providing a license can be obtained or purchased at a reasonable price.
Discussion
Picture
flainnemd
 
Not Rated
Previous Next