Tow Truck and Towing Services
SIC 7549 | NAICS 488410
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
Select from the following sections or scroll below for a complete listing of available resources:
▪ Industry Analysis, Statistics, Trends, and Forecasts
▪ Financial Information and Financial Ratios
▪ Compensation and Salary Surveys
▪ Business Valuation Resources
For resource guides specific to other industries, see our index which lists resource guides by SIC code for over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
American Towman Magazine
Monthly trade publication provides news, information, and analysis for business owners and operators, with topics covered including business management, field operations, new products and equipment, training and safety, technology, and more. Digital edition of the magazine can be viewed free online with registration.
T.T. Publications, Inc.
Tow Times Magazine
Monthly magazine features news and information for business owners and managers, with topics covered including business operations, new products and equipment, financing, insurance, legislative and regulatory issues, and more. Articles from the news sections included under "Archives" can be viewed free online; free subscription to the digital edition which includes access to archived issues is available with registration.
First Research profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, business challenges, issues, trends, and opportunities, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
T&R Footnotes Magazine
Monthly trade journal features news and information for towing and recovery professionals, with topics covered including business operations, marketing, financing, customer service, new equipment, and regulatory issues. Current and prior digital editions of the magazine can be viewed free online.
Tow Industry Week
Weekly e-magazine provides news, information, and analysis for industry professionals, with articles from current and prior issues organized by publication date and editorial content category (e.g., news, road and track, operations, rates and trade, product, and events). All articles can be viewed free online.
Tow Professional Magazine
Monthly magazine features articles covering a variety of topics, with topics covered including business management, leasing and financing, insurance, product spotlights, software and technology, company profiles, and more. Current and prior digital editions of this publication are available online.
Tow Truck Body and Rollback Carrier Manufacturing in North America
"Market Analysis" section of this research report includes market analyses by product type for light-duty, medium-duty, and heavy-duty truck bodies and rollback carriers, and the "Market Outlook" section includes an analysis of demand drivers for end-user markets as well as market projections. Summary description, report brochure, and detailed table of contents for this publication can be downloaded and viewed online.
Financial Benchmarking Data
Motor Vehicle Towing Services
http://www.bizminer.com Search for "488410"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow analysis, and key financial and operating ratios, with detailed financial benchmarking data available by sales size range on a national, state, and metro area level.
Financial information section of these profiles includes common-size income statement and balance sheet data and key financial ratios for the most recent annual reporting period, with average financial measures reported for all companies and by sales size range for small (under $5 million), medium ($5 million to $50 million), and large companies (over $50 million). Sample report can be downloaded and viewed online.
Compensation and Salary Surveys
U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Support Activities for Road Transportation
Annual wage survey provides hourly and annual wage data for occupations in this service sector on a national, state, and metropolitan area basis, with statistical measures for national wage data including mean, median, upper/lower quartiles, and upper/lower deciles. All information is available free online.
Business Valuation Resources
Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.