The automobile towing industry in the United States is worth $11.3 billion and is expected to grow by 2.9% by 2022. This staggering figure shows that starting a towing business is feasible and profitable. So, if you are looking for a profitable business idea and the opportunity to make some money, make your move now.

Wrecker tow trucks can range in price anywhere from $65,000 to $115,000. Your investment price will vary depending on if you need a boom, wheel lift, forks, or light bars.

Flatbed or rollback tow trucks feature a flat-topped empty bed on their rear, designed to carry vehicles on top of it. When these tow trucks need to mount a vehicle on their bed, they employ hydraulics to vertically shift the flatbed up or down.

Apply for a Texas Tow Operator License Once you have a business entity, a truck, and insurance, you must obtain a Texas tow truck operator license. The Texas Department of Licensing and Regulation (TDLR) has several forms you will need to fill out to obtain all the permits and licenses you need.