Tow Truck Business Income

Two units are rented out giving the owners extra yearly income.

Tow truck business income. Otherwise our tow trucks will be helpful in moving your vehicle and saving others from the inconvenience or possibly an accident. The business is the cause of employment for more than 96 thousand people. Our service is more useful for the traffic maintenance.

By opening a checking account when you start a tow truck business youll keep your business finances and personal finances separate. Well TTB Ive been seriously interested in starting my own one truck tow business doing all aspects myself. Tow Truck Company Business Plan 1 votes average.

This represents a growth of 3 percent over 2009 with revenue of 6 Billion and an annual growth of 11 it can only get better for the industry. However these are the salaries of drivers that work for another company. According to the business statistics website IBIS World the towing business in the US.

According to experts business owners in this industry see annual salaries as high as 228000 and as low as 19000. The choice is up to you. Tow truck business income can range from the low 10000s for a reasonably working used vehicle all the way up to 81000 for a top of the line brand new truck just off the assembly line.

Youll also have to organize your accounting. The average towing business owners make anywhere between 30000 and 100000 annually. Business includes tow trucks and equipment to compliment.

SBA Lender Pre-Qualified with 446500 Down. The three negative factors are the cost of equipmentthe cost of insurance and the difficulty in finding a reliable driver. There is also a standard storage fee which is charged on a daily basis for vehicles stored on the companys property.