Profitable Towing Service Company Operating Since 1985
Grand Rapids, MI Established 1985 3.1x SDE
AutomotiveAsking price
$914K
Annual revenue
$1.16M
Cash flow (SDE)
$296K
Profit margin
26%
Key insights
Operating since 1985 · 41 years of history
Team of 6 staff in place
Owner-operator role with transition support
Business overview
This towing service business has operated continuously since 1985 and enjoys strong repeat business. Day-to-day operations are handled by the team, with the owner focused on oversight and growth. The Grand Rapids market continues to grow, and demand for towing service services has remained resilient through economic cycles. A balanced mix of one-time projects and repeat engagements smooths revenue through the year and reduces seasonality risk. Opportunities of this quality and tenure rarely come to market in this category.
Detailed information
Financials
Asking price$914K
Gross revenue$1.16M
Cash flow (SDE)$296K
EBITDA$214K
Profit margin26%
Valuation multiple3.1x SDE
FF&E included$93K
Seller financingCash / SBA
Real estate
Real estateLeased
Reason for selling
Owner is consolidating investments and exiting day-to-day operations.
Competition
The local market is fragmented; this business is among the most established names in its trade area.
Growth & expansion
Untapped opportunities include e-commerce, service agreements, and referral partnerships.
Location
Grand Rapids, MI
Approximate areaOpen in OpenStreetMap →
Analyze this deal
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Deal Analyzer
Modeling Profitable Towing Service Company Operating Since 1985 · $914K
From this listing:Asking $914,000Revenue $1,156,000Cash flow (SDE) $296,000
$
$500K$1.47M
Asking price is $914K. Type an offer or drag to model one.
%
· $91,4005%50%
SBA 7(a) acquisition loans typically require ~10% down.
%
6%16%
yr
5 yr25 yr
SBA business-acquisition loans are usually 10 years.
$
$0$150K
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Your annual cash flow after debt service
$100,024
Seller's discretionary earnings, minus annual loan payments and any manager salary
Cash-on-cash
87.5%
Strong
Debt coverage (DSCR)
1.74x
Healthy
Loan payment
$11,331/mo
$135,976 / year
Cash to close
$114,250
$91,400 down + est. fees
Implied multiple
3.1x
vs 3.1x asking
Payback period
1.1 yrs
to recoup your cash
How the earnings are splitof $236,000 earnings
$135,976$100,024
Debt serviceYour cash flow
1.74x debt coverage 88% cash-on-cash 3.1x SDE · at asking
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerArea & market intelligence
Area demographics
Median household income
$62K
Median age
32 yrs
Population
198,000
Population trend
+2%
since 2021
Grand Rapids, MI · Source: AI estimate (Claude) · general knowledge.
How this compares (Automotive · Grand Rapids, MI)
AI estimateAI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
Gross revenueThis listing: $1.16M · near the median
Low $700KMedian $1.15M
Financial documents & data room
Data room, behind an NDA
The documents below open to qualified buyers in the secure data room after a signed NDA.
Profit & loss statements (3 yr)
Federal tax returns
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Asking price
$914K
