This is a rare opportunity to acquire a long-established, full-service towing and recovery business operating in a protected Northern Ontario market. Founded more than three decades ago and run as an owner-operator business throughout its history, the Company has built a dominant position in its service area with little to no meaningful competition. It provides light, medium, and heavy-duty towing and recovery services 24 hours a day, 365 days a year, supported by a modern fleet, a secured impound yard, and a fully licensed, experienced driver team. Revenue is well diversified across five complementary streams, including towing and recovery, impound storage, an authorized U-Haul dealership, approved Ontario Provincial Police service provider work, and multiple active auto club dispatch relationships. The sale includes the commercial real estate, owner's residence, full fleet, and all business goodwill, offering a buyer a turnkey, steady income-generating platform with strong recurring revenue, established credentials, and clear room to grow under new ownership.
- Asking Price:
- $2,400,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,233,255 (CAD)
- Cash Flow:
- $587,998 (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The sale includes a uniquely zoned commercial property that serves as the operational heart of the business, and represents a major part of its long-term value. Under a special M2-1 zoning designation, the only such parcel in the municipality, the property permits both a full commercial towing and recovery operation and a private residence on the same lot. Improvements include a spacious maintenance garage capable of housing four trucks indoors, front and rear office areas, multiple heated and unheated outbuildings, and a large, secured commercial impound yard with capacity for up to 75 vehicles. Rounding out the property is a well-appointed three-bedroom bungalow residence with an attached carport, landscaped fenced yard, hot tub, and above-ground pool, offering the new owner the rare convenience of living and working on the same site. A Phase I Environmental Site Assessment has been completed, and the entire property is in very good condition with no material deferred maintenance, providing a turnkey, move-in-ready platform from day one.
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Owners retiring.
- Trading hours:
-
Monday-Sunday 24 Hrs.
- Employees:
- 5 FT/1 PT
- Years established:
- 35
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $350,480 (CAD) - included in the asking price
- Relocatable:
- This business can be relocated
