Industry Focus: Motor Vehicle Towing Industry Focus

About 8,000 motor vehicle towing companies operate in the US, generating annual revenue of about $4 billion. A few large towing companies such as United Road Towing have operations in more than one state, but the industry is highly fragmented and is not dominated by any national companies. Most companies are local or regional, and most operate from a single location. The industry employs about 55,000 people and has annual payroll of nearly $2 billion. Average annual revenue per employee is about $72,000.